Presently, Haiti is in no position to attract foreign...

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Presently, Haiti is in no position to attract foreign investors.

It has to regulate this volatile political climate that is plaguing the country.

And this is up to the politicians and the Haitian people to arrive at the decision to stabilize these political mishaps.

We may be rich in mineral resources.However, for an investor to part with his money in such a ccclimate, it is risky business and an uncertainty.

Many third world countries have over the years, tried in creative ways to attract foreign investors.

Some companies have received tax free concession for ten or twenty years and also, free water and electricity.

In return, they have to employ local citizen at a fair wage.
However, this has not always been working well. After the tax holidays and so on and so forth, trade unions demands and changes in political directorates have deteriorates those agreements.

In the end, those companies have left those countries and go elsewhere, where they can receive similar head start.The shell they leave behind, are in a delapidated state; beyond repairs, thus of no use to the government.

As a matter of fact, those investors are not in the business of charity; they are there to make a profit and enrich themselves.

Therefore, government should be aware of this, and be cautious accordingly.

Needless to say, it is always prudent to give it a try.


David Grant, February 26 2011, 10:01 PM

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Topic: BOT Project Financing - Could That Help Develop Haiti Faster?

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1 - 10 of 14 « First  ‹ Prev  1 2  Next ›  Last »
I totally agree with you. We need big investments, as you mentioned, by willing investors to develop in some of the beautiful coastal areas in... read more >
Etienne, 26-Feb-11 11:22 am
That is One of the best way to start putting the country on the right track of developpement read more >
Thomas, 26-Feb-11 11:44 am
The Haitian government can barely manage anything. We had HASCO, Minoterie, Ciment D'Haiti, and Teleco that disappeared or failed under the Haitian... read more >
Will Smith, 26-Feb-11 2:00 pm
Hello Great idea cepedantwe have to make sure we are ready because if i spend one million US $ in a place i do not intend to loose it after i built... read more >
Marck, 26-Feb-11 3:27 pm
I like the idea very much, and would rather private Haitian investors take over after 20 years. I would like to add a couple requests, and would... read more >
Josy, 26-Feb-11 4:50 pm
In other words, you waant the companies to play the role of government by providing the services Governments and/or living wages shouldnprovide... read more >
Jan Pingga, 26-Feb-11 5:33 pm
I have seen it done in other countries, and the government cannot do it all. I do not see the companies here taking over the US government, because... read more >
Josy, 26-Feb-11 5:53 pm
that would definately work in Haiti's favor especially with the subject of oil and natural gas in Haiti. It seems like no one wants to talk about it... read more >
Negbelair, 26-Feb-11 6:02 pm
Presently, Haiti is in no position to attract foreign investors. It has to regulate this volatile political climate that is plaguing the country... read more >
David Grant, 26-Feb-11 10:01 pm
The BOT Financial Project is a very good approach to resolve the problems.It is about time to put the country into the right track to move... read more >
Myrtho, 27-Feb-11 8:32 pm
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