Haiti’s Economy is Rejuvenating

Since The Bahamas Chamber of Commerce conducted a four-consecutive day trade mission in Haiti, many investors and businessmen have expressed strong eagerness to establish and conduct business in the country. The trade group has expressed optimism that those expressions of interests can be a reliable and worthwhile indication that indeed the Haitian economic state is on the verge of becoming promising once again. Observers note that this could be the answer to the constant prayers of millions of Haitians.

It is a common fact that Haiti is currently living in very challenging times. Economic crunches are affecting almost all nations around the world, but the impact of those difficulties is magnified in Haiti. However, numerous people and business analysts are positive that the country would soon rise and in a rapid manner. First of all, the country’s natural resource is still rich and is remaining almost untouched. The agriculture is continually booming and the labor power is very strong. Haiti has the characteristics of an economic wonder waiting to happen.

The aim of the Bahamian Chamber of Commerce’s trade mission to Haiti was to explore avenues and establish business links that would bridge Haiti and the Bahamian business community in industries and sectors related to poultry, construction, agriculture, craft making, telecommunications, souvenirs and many other segments of commerce. One of the chamber’s goals is to prove to everyone that Haiti is definitely a very safe place to conduct and establish businesses. Indeed, the group has more than proved their assertion.

The Bahamian business group revealed that some new investments and businesses would certainly put up businesses and operations in the country in the near future. The trade group added that many of those businessmen and firms have already presented concrete and sure plans to make their businesses presence felt in Haiti. For sure, new offshore investments and businesses would bring about new opportunities for earning and possible lucrative jobs to thousands of impoverished and jobless Haitians. The Haitian government would also be able to generate revenues to fund government and development initiatives in the country.

However, many business observers advise Haiti to pursue several infrastructure projects so that development and progress in the country would be continuous in the near future. Social turmoil and a high crime rate should also be curtailed and resolved. Back on the positive note, analysts are expecting that Haiti would very much be poised to attain rebirth and economic development.

One definite source of business relationship between Haiti and the Bahamas is exportation of agricultural goods and other products. Because commodities and basic goods are less costly and cheap in Haiti, the country can export some of their goods and resources to the Bahamas and other offshore destinations. If such a trade relationship would flourish and continue, for sure, Haiti would soon be on the verge of economic boost and redevelopment.

It is good to hear that Haiti is becoming a promising and rejuvenating economy once again. Surely, with the strong determination and cooperation from Haitians, progress and development in Haiti is at hand.

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