IDB President Moreno to visit Haiti Nov. 28-29

Schedule includes events on roads, industrial park and investment with Presidents Martelly and Clinton

Inter-American Development Bank President Luis Alberto Moreno will travel to Haiti next week to highlight the Caribbean country’s efforts to recover from the 2010 earthquake and invest in its long-term development.

On Monday, November 28, Moreno will meet President Michel Martelly for a highway inauguration ceremony and the launch of a road safety campaign on RN1, Haiti’s principal roadway. The event, scheduled to start at 9 am, will take place at the sports complex of cement company CINA, north of Port-au-Prince.

The IDB, which funded the rehabilitation of an 80-km stretch of RN1, is partnering with several Haitian government agencies, international organizations and local and foreign companies to carry out a pilot road safety campaign to reduce traffic accidents on one of the country’s most heavily traveled roads.

From that location Presidents Martelly and Moreno will fly to the site of the Caracol Industrial Park in northeastern Haiti, where they will join President Bill Clinton in a ground breaking ceremony for the facilities to be built with IDB and USAID funding . The event is scheduled to start at 11:30 am.

The new industrial park, which will be owned by the Haitian state, is expected to host manufacturing companies involved in different activities. Korean textile company Sae-A, which plans to eventually hire 20,000 workers, is slated to be the facility’s first tenant.

On Tuesday, November 29, Presidents Martelly, Clinton and Moreno will host the Invest in Haiti Forum, which will bring together more than 600 participants from local and foreign companies, international organizations and the Haitian government. The conference, scheduled to begin at 9 am, will take place at the Hotel Karibe convention center in Port-au-Prince.

The IDB is Haiti’s leading multilateral donor, with a $1 billion portfolio of projects in sectors such as transportation, energy, agriculture, water and sanitation and education. The IDB is also promoting private sector development through projects to attract investments, expand access to credit for small businesses and improve Haiti’s business climate.