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2.13 MB
Extraction Summary
3
People
10
Organizations
9
Locations
2
Events
2
Relationships
3
Quotes
Document Information
Type:
Report page / proposal results section
File Size:
2.13 MB
Summary
This document is a 'Results' page from a report by CEFOTAJ regarding economic development in Haiti following the 2010 earthquake. It details the establishment of a garment industrial park by South Korean firm Sae-A Trading with backing from the World Bank and U.S. State Department, as well as a USAID-funded training center. The text analyzes investment opportunities in Haiti, citing various sources including 'Clinton (2010)', and outlines U.S. legislation (CBTPA, HOPE, HELP Acts) that incentivizes trade and outsourcing to Haiti through duty-free benefits.
People (3)
| Name | Role | Context |
|---|---|---|
| Fagenson | Author/Source |
Cited as a source regarding US Trade and Developing Agency findings.
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| Clinton | Author/Source |
Cited as a source for 2010 regarding investment sectors (Apparel, telecom, reforestation, etc.).
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| yair | Contact Person |
Email address yair@cefotaj.org listed in the footer.
|
Organizations (10)
| Name | Type | Context |
|---|---|---|
| CEFOTAJ |
Centre De Formation Technique Pour L'Avancement Des Jeunes Du Sud'Est Inc. (Header organization).
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| Sae-A Trading Company Limited |
South Korean company identified as building an industrial park in Haiti.
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| World Bank |
Provided financial support via its IFC financing arm.
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| IFC |
Financing arm of the World Bank.
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| U.S. State Department |
Provided financial support and backing for projects; cited as a source.
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| USAID |
Funded the Apparel Training Center.
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| Haitian Investment Facilitation Center |
Cited source regarding investment sectors.
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| US Trade and Developing Agency |
Cited source regarding investment sectors.
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| Research and Market |
Research entity cited in the document.
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| PRS Group |
Cited source.
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Locations (9)
| Location | Context |
|---|---|
|
Primary location of investment and development discussed.
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Address in footer: PO Box 666 Brentwood, NY 11717.
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Origin of Sae-A Trading Company; target for attracting corporations.
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Government backing projects; companies outsourcing labor.
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Mentioned for transportation expense comparison.
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Mentioned for transportation expense comparison.
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Mentioned for transportation expense comparison.
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Mentioned in relation to the HELP Act.
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Target country for attracting corporations.
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Relationships (2)
Sae-A built operations with financial support of World Bank and U.S. State Department.
Sae-A built operations with financial support of World Bank and U.S. State Department.
Key Quotes (3)
"U.S. companies can outsource labor force from Haiti and experience exclusion from taxes in Haiti."Source
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Quote #1
"Research and Market (2010) research identified the global plan of South Korean company, Sae-A Trading Company Limited, that has built an industrial park and garment making operation in Haiti"Source
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Quote #2
"Apparel, telecommunications, reforestation, agribusiness, call centers (Clinton, 2010)."Source
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Quote #3
Full Extracted Text
Complete text extracted from the document (2,929 characters)
10
CEFOTAJ
Centre De Formation Technique Pour
L'Avancement Des Jeunes Du Sud'Est Inc.
Centre De Formation Technique Pour
L'Avancement Des Jeunes Du Sud'Est Inc.
Results
Research and Market (2010) research identified the global plan of South Korean company, Sae-A
Trading Company Limited, that has built an industrial park and garment making operation in Haiti
with the financial support of the World Bank's IFC financing arm and the U.S. State Department.
This has provided an initial 20,000 people jobs. Furthermore, A USAID funded Apparel Training
Center opened its doors in August 2010 to assist in the training of individuals to rebuild the
industrial garment industry in Haiti. Both projects have received the full backing of the Haitian
government as well as the U.S. government.
Trading Company Limited, that has built an industrial park and garment making operation in Haiti
with the financial support of the World Bank's IFC financing arm and the U.S. State Department.
This has provided an initial 20,000 people jobs. Furthermore, A USAID funded Apparel Training
Center opened its doors in August 2010 to assist in the training of individuals to rebuild the
industrial garment industry in Haiti. Both projects have received the full backing of the Haitian
government as well as the U.S. government.
There were various investigations and researches aimed to identify the best areas to invest and
market opportunities in Haiti. In order to combine and identify the main trends, the most reliable
and authoritative sources were selected and investigated. The list given below provides the summary
of the findings:
market opportunities in Haiti. In order to combine and identify the main trends, the most reliable
and authoritative sources were selected and investigated. The list given below provides the summary
of the findings:
• Apparel sector, agribusiness, electronics (US Trade and Developing Agency cited by
Fagenson, n.d.);
• Apparel, agribusiness, and tourism (Haitian Investment Facilitation Center, 2010);
• Apparel (Research and Marketing, 2010);
• Development and trade of raw and processed agricultural products; medical supplies and
equipment; rebuilding and modernizing Haiti's depleted infrastructure; developing tourism
and allied sectors--including arts and crafts; and improving capacity in waste disposal,
transportation, energy, telecommunications, and export assembly operations (U.S..
Department of State, 2008).
• Apparel, telecommunications, reforestation, agribusiness, call centers (Clinton, 2010).
Fagenson, n.d.);
• Apparel, agribusiness, and tourism (Haitian Investment Facilitation Center, 2010);
• Apparel (Research and Marketing, 2010);
• Development and trade of raw and processed agricultural products; medical supplies and
equipment; rebuilding and modernizing Haiti's depleted infrastructure; developing tourism
and allied sectors--including arts and crafts; and improving capacity in waste disposal,
transportation, energy, telecommunications, and export assembly operations (U.S..
Department of State, 2008).
• Apparel, telecommunications, reforestation, agribusiness, call centers (Clinton, 2010).
According to Caribbean Basin Trade Partnership Act (CBTPA) act, a U.S. company has duty-free
export of many Haitian products assembled from U.S. components or materials. Therefore, U.S.
companies can outsource labor force from Haiti and experience exclusion from taxes in Haiti.
Moreover, they would have less transportation expenses if compared to China, Vietnam, or Taiwan.
The HOPE and HOPE II (Haitian Hemispheric Opportunity through Partnership Encouragement)
Act is another positive legal document for the businesses from the U.S. According to this act, there
are additional duty-free preferences for qualifying apparel/textiles products and automotive wire
harnesses.
export of many Haitian products assembled from U.S. components or materials. Therefore, U.S.
companies can outsource labor force from Haiti and experience exclusion from taxes in Haiti.
Moreover, they would have less transportation expenses if compared to China, Vietnam, or Taiwan.
The HOPE and HOPE II (Haitian Hemispheric Opportunity through Partnership Encouragement)
Act is another positive legal document for the businesses from the U.S. According to this act, there
are additional duty-free preferences for qualifying apparel/textiles products and automotive wire
harnesses.
Additionally, The Haitian Economic Lift Program (HELP) Act that was passed in May 2010
expands the duty-free treatment of imported apparel made in Haiti or the Dominican Republic.
These new regulations are developed to attract large corporations and apparel manufacturers,
especially from South Korea and Brazil (U.S. Department of State, 2010; PRS Group, 2005;
Research and Markets, 2010).
expands the duty-free treatment of imported apparel made in Haiti or the Dominican Republic.
These new regulations are developed to attract large corporations and apparel manufacturers,
especially from South Korea and Brazil (U.S. Department of State, 2010; PRS Group, 2005;
Research and Markets, 2010).
PO Box 666 Brentwood, NY 11717 • Phone (631) 273-4100 • Fax (631) 273-4111 • yair@cefotaj.org • www.cefotaj.org
HOUSE_OVERSIGHT_019457
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