Private investment by domestic and foreign actors has been a fundamental driving force in almost every instance of rapid and sustained economic growth in modern history. Companies committing to emerging countries can reap unparalleled returns while knowledge and expertise are advanced, new markets are accessed and old markets are expanded.
Haiti’s garment industry enjoys a number of favorable conditions. Through trade acts and agreements, Haitian manufacturing companies have duty free access to the United States. This builds on Haiti’s advantage of being in close proximity to U.S. buyers. Haitian manufacturers have established relationships with U.S. buyers, and are large enough to have achieved economies of scale. Haitian manufacturers also enjoy relatively low wages and favorable labor regulations.
This report focuses on egg production in Haiti with an emphasis on popular class rural household livelihood strategies. Data is drawn from a review of the literature and contact with farmers, entrepreneurs, merchants, cooperative leaders, and two surveys: a 382 household “Chicken Survey” and a follow-up telephone sub-survey of 91 of the original respondents. Current value of the Haitian egg market is 36 million USD per annum (MARNDR 2014).
The Private Sector Assessment Report (PSAR) presents an overview of the private sector in Haiti1. The basis for this report was drawn from the Final Integrated Report on a Strategy for Haiti, which was originally developed for the Inter-American Development Bank’s Multilateral Investment Fund (MIF).2 It was intended to inform the MIF’s strategy in Haiti.
There is strong investor interest in Haiti that could generate 380,000 jobs by 2030. With abundant affordable labor and close proximity to the U.S., Haiti possesses good potential to capture new investments in the apparel, agri-business, construction/building materials, logistics, and tourism sectors in the near term, while transitioning over time to other higher-value industries and services.
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