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bs sil Va ell el a en ee, | NL. AY TT AY Centre De Formation Technique Pour L’Avancement Des Jeunes Du Sud’Est Inc. Executive Summary For Haiti to become an economically independent nation from donors and foreign aid there needs to be support for private industry to establish itself and flourish. At one point in its history, Haiti was a market leader in the textile industry supplying quality products. Currently there is an opportunity to provide sustainable employment for Haitians with the right training to develop an industry to serve as a catalyst to catapult the country out of the stigmatism of a third world country. ‘There is a need for work to be done, such as construction of homes, infrastructure, etc. Haiti is one of the lowest-income countries in the Western hemisphere. The country has problems with AIDS, crime, drug trafficking, etc. (CIA, 2010). On January 12th, 2010, an earthquake destroyed the capital of the country and worsened the overall situation of Haiti. The total loss was estimated around $11.5 billion; however, the country still needs more time to rebuild (U.S. Department of State, 2010). The majority of the donor countries worry about Haiti becoming a burden throughout the years without any positive results (Novacek et. al, 2008). The country has both positive and negative sides. This business plan includes secondary data. Secondary data was selected from academic, government, news resources or based on extensive research by those with experience 1n dealing with Haiti. Considering retrieved data, the plan focused on the following aspects: e Past and current situations in Hait; e <A ctitical needs assessment of Southeastern area of Haiti; e Our plan for investment in Haiti After the detailed investigation of the authoritative sources and critically evaluating information, CEFOTAJ has concluded the following: e Haiti has a potential for investment in the area of apparel/clothing. e Establishment of our trade/learning school will facilitate and foster future investments within the country via job and economic growth in the southeastern area. e Despite its economic situation, the country attracts foreign investments and investors. e Foreign investments and aid allow restoring the country quicker. e Foreign investments positively affect the country. PO Box 666 Brentwood, NY 11717 © Phone (631) 273-4100 © Fax (631) 273-4111 © yair@cefotaj.org © Wwww.cefotaj.org HOUSE_OVERSIGHT_019450