TDJ Supports Haiti’s Reconstruction Efforts: Updates on the Second Anniversary of the Earthquake

12 January 2012
For a PDF of the full press release

In January 2010, a magnitude 7 earthquake devastated Port-au-Prince, Haiti’s capital, and its environs. Two years later, the Caracol Industrial Complex (CPI) is a shining example of redevelopment and progress in the nation. Taylor-DeJongh is proud to have been involved in the project as the financial advisor to the Government of Haiti and to have worked in close cooperation with the Inter-American Development Bank and the US Department of State who supported the project with approximately US$170 million in funding, as well as to have helped determine viable options for access to electricity through our work with the US Trade and Development Agency. According to John Sachs, team leader and Washington DC Director at Taylor-DeJongh, “It was an honor to support the Government of Haiti on this priority project, one which will act as a catalyst for the economic development of the country.”

CPI is the single largest investment in Haiti since the earthquake and will be the largest industrial park in the country. Textile manufacturer, Sae-A trading Co. Ltd, will anchor CPI and is expected to invest over US$70 million in the facility and employ 20,000 Haitian workers, a third of the expected 60,000 permanent jobs to be created by the complex. Ground was broken on the CPI in November 2011 and it is scheduled to be completed in March 2012. For more information on Haiti after the earthquake and CPI see the following sites:

Clinton Foundation in Haiti: Caracol Industrial Park
Financial Times
Washington Post