One of the fast growing economies in the Western Hemisphere, the Caribbean’s first independent nation is set to take off.
Hit hard by a succession of natural disasters that have provided setbacks to the country’s economic development, Haiti is experiencing a resurgence. The growth rate for 2014, estimated at 3.6%, was well above the 0.9% average for Latin America and the Caribbean, and is expected to continue to exceed the region’s average for 2015.
Bolstered by public and private investment in infrastructure- including airports, highways, ports, and cellular and internet services- and propelled by a diversely talented population of over 10 million, Haiti’s economy boasts a growing range of business and leisure activities, from manufacturing to agribusiness to a robust tourism industry.
The country’s considerable success in apparel exports is complemented by a strong value added manufacturing sector with over two decades of experience in the production of transformers and inductors, as well as more recent expansion into the production of Android-based tablets. Furthermore, a surge in homegrown iOS and Android app development, coding and multi-language computer programming skills, and the construction of a Tier 3 data center are transforming Haiti into a technologically-savvy country with competitive costs.
International brands are also continuing to come to and thrive in Haiti, including Heineken Breweries, Coca-Cola and Unilever, as well as hospitality chains such as Marriott, Best Western, NH Hotels, and Occidental. Their successes draw from Haiti’s multi-lingual and multi-national workforce with decades of experience working with international companies and investors.
Haiti is on the move. Come and see what it has to offer. Haiti offers four key opportunities for potential investors: