CENTER FOR FACILITATION OF INVESTMENTS

Economic Policy

The government of Haiti recognizes that the transition from earthquake emergency relief to sustainable recovery and growth will take time. It is committed to accomplishing this transition through a comprehensive set of measures to foster long-term growth and reduce poverty. These measures are set forth in its post-earthquake Action Plan for National Recovery and Development of Haiti, which was agreed with the international community of donor agencies and financial institutions. It is clear that a vibrant and productive private sector is vital to achieving this economic growth.

The Action Plan complements the government’s aim to achieve substantive progress on five priority issues (or the five “E”s):

(1) rule of law (état de droit) with improved enforcement achieved through increased capacity of public administration

(2) education for all

(3) employment, through the construction of key basic infrastructure and creation of a business-friendly environment

(4) environment, including environmental rehabilitation and land tenure

(5) electricity, emphasizing the need for measures to improve generation and distribution.

In addition to those five issues, the government has identified four priority regions or development poles to diversify and decentralize economic activity from the Port-au-Prince area:

(1) North of Port-au-Prince in the area around Cabaret

(2) Cap-Haïtien and the northern region

(3) Hinche and the Central Plateau, Gonaives, St. Marc, and the Artibonite Plain

(4) Les Cayes, Jacmel, and surrounding areas in the south

 

As one means of advancing development in those regions, as well as in Port-au-Prince, the government supports the creation and expansion of industrial parks and provides incentives for the creation of free trade zones. These parks and zones aim to help catalyze economic growth in the country by increasing the availability of factory space and appropriate infrastructure necessary to support business activities.