Textile Companies Want to Invest in Haiti BUT...

Expert say that, If U.S. companies begin manufacturing in Haiti, that could mean 100,000 jobs for Haiti.

Watch this video report from Voice of America

You can read "American Apparel Companies Interested in Investing in Haiti" for for more info.

As the video said, In 2008, the U.S. Congress passed a law, commonly known as Hope II, granting duty-free access for Haitian textiles. Manufactures are a bit reluctant to invest in Haiti for the long term for two reason it seams

1 - Current legislation, including The Caribbean Basin Initiative, is short term and the volume of goods allowed into the U.S. is too low.

2 - According to the article, many of the potential investors fear Haiti is not stable enough for business.

If we want industry in Haiti, I guess it us up to us and our government to make foreign investors feel comfortable enough to invest in Haiti.

Their investments means more jobs.

I often hear complaints about the minimum wage in Haiti. In my opinion, we should do our best to bring enough jobs in Haiti first, let's get more and more people working, then we worry about the minimum wage.

What do you think?

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