News Information

• NEWS_POSTED_BY: Haiti Place
• NEWS_POSTED_ON: Jun 02, 2015
• Views : 738
• Category : Haiti News
• Description : Haiti Libre
  01/06/2015 08:09:38
• Location : Haiti
• Website : http://www.haitilibre.com/en/news-14062-haiti-economy-foreign-direct-investment-in-haiti-in-sharp-decline.html

Overview

• The Economic Commission for Latin America and the Caribbean (ECLAC) in a report released past week, entitled "Foreign Direct Investment (FDI) in Latin America and the Caribbean" reported about Haiti and the Caribbean "Of the economies in the Caribbean, the Dominican Republic’s FDI inflows are the most balanced in terms of distribution between natural resources, manufacturing, tourism and other services. The inflows of many other economies typically depend more heavily on a particular sector. The Bahamas and the members of the Organisation of Eastern Caribbean States (OECS), for example, receive the bulk of investment in the tourism sector, while inflows to Guyana, Suriname and Trinidad and Tobago are driven primarily by natural resources. In 2014, Haiti and Jamaica received the majority of FDI in the transport and telecommunications sector on the back of significant investments in the expansion of telecommunications services."
  
  The Dominican Republic, being the largest economy in the region, also attracts significant investment in the export-oriented manufacturing sector, particularly from the United States. Haiti is also slowly entering this market, but from a very low base.
  
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