Pillars of the Investment

The success of the Caracol Park rests on a number of pillars that are progressing alongside to ensure the Park attains true global competitiveness and is properly integrated into the sustainable growth of the communities of Northern Haiti. The total investment exceeds $224m.

  • A 250ha full-service industrial park: The Park offers factory shells at competitive rental rates built to international standards. Phase 1 is comprised of 350,000m2 of roofed factory floor space, of which 120,000m2 currently remain available for rent. The Park will be managed by a private management company, and owned by the Haitian Government. A dedicated onsite power plant with sufficient backup capacity will ensure consistent power supply at competitive tariffs. The Park also offers appropriate water to support the needs of industrial laundries and fabric dye houses and state of the art waste water treatment plants built to the highest environmental standards. Contracts for the park construction and the power plant have been awarded in September after open, competitive international bidding."

  • New housing: To accommodate potential migration to the area and provide adequate and affordable housing, 5,000 new homes will be built in surrounding communities in convenient commuting distance of the Park, with access to services such as water and electricity.

  • Electrification: The Park's power plant will provide electricity to nearby towns and villages that are currently not connected to the electric grid, significantly improving the quality of life of local residents and the competitiveness of small and medium sized businesses in the region.

  • Direct access to global markets: The projects contains significant investments in modernized port facilities in the North that meet the International Ship and Port Facility Security Code (ISPS) and offer short transit times of 3-4 days to the U.S. with frequent vessels.