News Information

• NEWS_POSTED_BY: Haiti Place
• NEWS_POSTED_ON: Jun 01, 2015
• Views : 685
• Category : Haiti News
• Description : Haiti Libre
  28/05/2015 12:48:17
• Location : Port-au-Prince, Ouest, Haiti
• Website : http://www.haitilibre.com/en/news-14026-haiti-economy-strengthening-of-investments-in-the-textile-sector.html

Overview

• The Center for the Facilitation of Investments (CFI) signed a Memorandum of Understanding (MoU) with the Association of Industries in Haiti (ADIH) to strengthen textile investments in Haiti. Realized with the support of the Inter-American Development Bank (IADB), the MOU allows the IADB to provide critical support to the CFI and ADIH in their mission to seek the renewal of the HOPE II and HELP legislation in the United States. HOPE II and HELP provide duty-free access to the US market for a large number of Haitian apparel, textiles and manufactured goods, and is often named a reason for why investors in the apparel/textile sector chose to come to Haiti.
  
  Implemented in 2006, the Hope I, Hope II and Help Acts have resulted in a strong increase in the volume of exports in the Haitian Apparel Sector; this has generated numerous opportunities for value chain investment within the industry.
  
  Read more here >>