business

Usually in an environment where there is no security, that also means any businessman who want to do business there is taking a high risk.

Nobody loves to go for a long drive on a bumpy road. It is true for investments as well. Conditions of severe political and economic insecurity, corruption, often underpinned by weak governance and high levels of poverty make the risk management of an investment almost impossible. In an unpredictable volatile situation, no wise investor would prefer a term investment, because although the chances of long term reward might be very high, there could be indefinite chances of downside too. However, there are investors who love to take benefit of these uncertain markets. They buy on dips and sell when it goes up and exit any time of their choice with profit-- it could be some stocks or some stakes in businesses. To them, short-term volatility is nothing strange; sometimes they wait to embrace unsecured uncertainty. They prefer to buy and sell business risks without blocking their fund in risky investments.

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Here is a picture of Caracol Industrial park Inauguration. Clinton, Martelly, Preval. The eventual workforce is projected to approach 65,000 in the future at the Industrial Park

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Haiti is an ideal location for business. Companies interested in doing business in Haiti can find lots of advantages that they would likely not be able to find anywhere else in the world.

Haiti has every potential to become an ideal location for every entrepreneur. It offers ample opportunities to invest and start business in some of its emergent sectors like, Energy, Agro-Industry and organic foods, Manufacturing, including textiles and apparel, Construction and building materials and Tourism including hotel furnishings and equipment. For U.S firms, interested to do business in Haiti, their first point of contact should be the U.S. Department of Commerce. The United States Export Assistance Center offices in the U.S as well as the Commercial Service (CS) offices located abroad will guide any interested U.S. firm of the best methods for finding an agent or distributor in Haiti. Since October 2011, the Commercial Section of the US Embassy in Port-au-Prince became a Department of Commerce Partner Post. Preparing the company statutes like Articles and Memorandum of Association normally take 10 days in Haiti with fees around HTG 15,000 - HTG 25,000, while registration with the Ministry of Commerce takes 78 days on average. Haitian law protects copyrights, inventions, industrial designs and models, patent rights, special trademarks, manufacturer's marks, and business names. Haiti's legislation encourages foreign direct investment. Import and export policies are non-discriminatory and are not based upon nationality. Most Haitian businesspersons speak English fluently. The Overseas Private Investment Corporation (OPIC) offers insurance against political risks and financing programs for U.S. investments in Haiti.

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Here is the map for the development of Haiti Dominican Republic border by Quisqueya Economic Binational Council, CEBQ.

On Friday, April 15, 2016, at the office of the International Finance Corporation (IFC), the Binational Economic Council Quisqueya (CEBQ) has submitted its project on the development of Haitian-Dominican Border Trade. The proposal indicates how the border development projects can benefit the inhabitants of both the nations. The Industrial Development Corporation of the Dominican Republic involved in the project, presently has employed 8,000 of its workforce and they believe there would be job opportunities for about 200,000 people within next 10 years. Population growth in both the countries is a fact that none can ignore. IFC, a part of the World Bank, was created in 1956 with an objective to assist economic development by encouraging the growth of productive private enterprise in its member nations, particularly in the underdeveloped areas. Thus, we should make them understand the need to invest and assist the Binational Economic Council Quisqueya in every possible way.

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Here are several pictures of the Haitian businessman Marc Antoine ACRA.

Marc Antoine Acra, as the Director General of the company categorically rejected this statement as derogatory rumors and said an American freight company chartering boats for NABATCO receives payments of the freight and is fully responsible for the contents of the cargo loaded on the ships. These cargoes were accepted under the supervision of Colombian port authorities, checked by the narcotics control authorities and the security service before leaving the port of Buenaventura. NABATCO is nothing more than a vessel owner, and cannot be held responsible for any act performed beyond the limits its knowledge.

Danton, as the new Government Commissioner, has issued travel interdiction for several individuals, including Alix Celestin on the belief that it could bring light on the matter. There was a single contract between the State and NABATCO valuing between 700 and 800 million gourdes, but that was awarded without any tender. The act of Mr. Alix Célestin was beyond his authority as there was no proper tender that allowed Acra to carry the load aboard Vessel Manzanares. The ship with a Panamanian flag as per declaration was supposed to carry a cargo of sugar for NABATCO commissioned by the company of Marc Antoine Accra. Marc Antoine Acra is a member of the powerful Acra business family in Haiti.

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Here is a picture of a way the Haitian farmer usually works the land. It is not the most effective method however this method has been used in haiti for centuries.

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On December 9, 2015 the Ministry of Agriculture in Haiti entered into an agreement with businessman Marc Antoine Acra where his business NABATCO where would have the right to sell and distribute the product "VITAZYME" to allow Haitian farmers to farm. Marc Antoine Acra believes that his product is going to help growers and farmers to get better results.

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He is the man who build the bus and call it "Haitian Pride", symbolic, Jean Paul Coutard.

In May 2006, when President René Préval was taking oath of his presidency, Coutard felt determined to make his dream come true. He took this as a challenge. His first step in achieving his dream was to win a scholarship from Canada to learn coach design. While studying in Canada, he took a part time job. He used his earnings to import various body parts from the UK, Australia and Canada. He waited a long time to find the right time to launch his dream. Following the 2010 earthquake, he returned home and began production with his family firm, 'Coutard Motors'. On 22 August 2013, his dream came true. The first prototype bus made in Haiti was presented at the Metropolitan Industrial Park SONAPI in the presence of several ministers and members of the Government.

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The Haitian entrepreneur Christine Souffrant and Vendedy Street vandor site

Christine Souffrant is a 25-year old Dubai-based entrepreneur and a graduate of Ivy League University. She could not forget her parents' struggle; they eke out a living as street vendors. Christine has founded 'Vendedy International' that would empower the street vendors globally with access to the digital market. During the 2010 earthquake, she was a college student. She saw her mother's most trading partners went missing or were presumed dead and her business collapsed. It was then she decided about building some 'apps' that would facilitate street vending business, digitally. After graduation, she found a job at Baker Hill Finance in New York. Thereafter, she moved to Dubai to study masters in international business and social entrepreneurship at Hult International Business School. It was there she launched her company for vendors online "Vendedy"-- global street markets in your pocket.

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Here is a picture of Les Allumettes Haitiennes LAHSA Gonaives

Gonaives, a home of sixty thousand people, is famous for two products: malaria and matchsticks. 'Les Allumettes Haitiennes S.A', was a single match factory in Gonaives; it was a place where about 30 people were employed to make matchsticks from the planks of New Orleans aspen and Colombian poplar. The factory started with the dumped stock of Swedish and Czechoslovakian matches that arrived Gonaives by ship from Miami. 'Pierrot,' the last owner of 'Les Allumettes Haitiennes S.A' used to spend hours in the factory building full of phosphorus smells. He inherited the business from Pierre Léon St Rémy, his father, a great trader of Gonaives. The local residents still prefer to call this 1.4 acre match factory property by its old name "Les Allumettes Haitiennes SA". However, because of government corruption and civil unrest the business was forced to move to India 30 years ago. In India, it still produces 90% of the matches sold in Haiti today.

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