APPAREL & TEXTILES
Bolstered by the Caribbean Basin Trade Partnership Act (CBTPA) and the HOPE, HOPE II and HELP Acts (see the United States Trade Preferences section for more information), which provide duty-free entry for certain Haitian products to United States markets, apparel production in Haiti is growing.
Haiti has a wealth of unspoilt natural landscapes, including 1,700 km of pristine beaches, coral reefs, cave networks and mountains. This, combined with a rich culture and history, makes it a highly desirable destination in the Caribbean.
The Ministry of Tourism has identified a number of priorities for private investment and public-private partnerships in tourist destinations. Opportunities exist in various regions of the country.
Haiti has an abundant labor market with highly competitive costs. This includes a large pool of English, French and Spanish speakers, who are eager and keen to learn new skills. Professional training is provided by several internationally oriented schools.
The increase in the number of tourists is due to Haiti’s strategic location only 90 minutes from Miami; the country is also accessible by daily direct flights from Miami, Ft. Lauderdale, New York, Atlanta, Boston (seasonal), Paris, Panama City, Santo Domingo, Pointe à Pitre, Fort de France, St Martin, Santiago de Cuba, Kingston, Montreal, and Providenciales.
As Haiti’s economy continues to grow, so will internal demand, providing excellent expanding domestic market opportunities for investors.
Numerous emerging export sectors exist. Geo Weiner S.A. (Selecto) is expanding coffee exports to Walmart and Starbucks. Haiti supplies 50% of world exports of vetiver essential oil for the perfume industry. Significant further opportunities for growth in can be found in the field of cocoa, dried orange peels (Grand Marnier), organic vegetables, avocados, mangoes, sisal, cashews and scotch bonnet peppers.
Shipping time is up to three days to the United States and Latin America and up to 10 days to Western European ports. Proximity opens doors for delivery of fresh organic produce to the United States Exceptional access to markets through some of the most favorable trade preferences worldwide including Europe, the United States and the Caribbean.
There is high-quality governmental support through the CFI and the Ministry of Agriculture’s technical support and investment promotion unit. Haiti has one of the world’s most favorable incentives, with up to 15 years of corporate tax exemption. There is access to credit from local banks, investment funds and international institutions.
BUSINESS PROCESS OUTSOURCING
Haiti’s flexible labor pool of English, French and Spanish speakers is the largest in the region, putting Haiti in an excellent position to serve the United States., Canadian, Latin American and European markets. Attractive labor costs: Haiti’s salaries and contributions are among the most competitive in the region. Existing providers highlight Haiti’s low turnover rates (2%) and absenteeism (1%).
Located between the world’s largest economy (United States) and the emerging economies in South America (e.g. Brazil and Colombia), Haiti is well positioned to benefit from economic growth throughout the region. With French and Creole as its native languages, and Spanish and American English as its adopted languages, 60% of the country’s youth are currently trilingual. As a growing economy, Haiti is uniquely placed to be an “emerging destination” for Business Process Outsourcing services. It has one of the world’s most competitive labor costs, with an abundance of hard-working and trainable workers.
We are a country where education is considered one of the main priorities, we therefore take pride in cultivating our youth, in particular to provide quality customer service. Haiti has a lot of potential and facilities to provide the best and most reasonable outsourcing services (Pierre Denis, Head of BPO, Digicel Haiti).