HOUSE_OVERSIGHT_019451.jpg
1.51 MB
Extraction Summary
1
People
3
Organizations
2
Locations
1
Events
1
Relationships
2
Quotes
Document Information
Type:
Report / proposal / business plan
File Size:
1.51 MB
Summary
This document is page 4 of a report or proposal by CEFOTAJ (Centre De Formation Technique Pour L'Avancement Des Jeunes Du Sud'Est Inc.). It provides an introduction and background on Foreign Direct Investment (FDI) and details the specific challenges of investing in Haiti following the January 2010 earthquake, citing high poverty rates and infrastructure issues. The document includes contact information for the organization based in Brentwood, NY.
People (1)
| Name | Role | Context |
|---|---|---|
| Yair | Contact Person |
Email address listed in footer: yair@cefotaj.org
|
Organizations (3)
| Name | Type | Context |
|---|---|---|
| CEFOTAJ |
Header logo: Centre De Formation Technique Pour L'Avancement Des Jeunes Du Sud'Est Inc.
|
|
| CIA |
Referenced for the CIA Factbook Report (2010)
|
|
| House Oversight Committee |
Implied by Bates stamp HOUSE_OVERSIGHT_019451
|
Timeline (1 events)
Locations (2)
| Location | Context |
|---|---|
|
Subject of the background report
|
|
|
Address in footer: PO Box 666 Brentwood, NY 11717
|
Full Extracted Text
Complete text extracted from the document (2,043 characters)
4
CEFOTAJ
Centre De Formation Technique Pour
L'Avancement Des Jeunes Du Sud'Est Inc.
Centre De Formation Technique Pour
L'Avancement Des Jeunes Du Sud'Est Inc.
Introduction
Background
Investment into another country or internalization is a very important and scrupulous decision that
a business has to make. As a rule, developing countries seek to attract investors in order to gain
FDI (Foreign Direct Investment) and acquire technology. Mainly, the investors seek for variety of
factors when going international.
a business has to make. As a rule, developing countries seek to attract investors in order to gain
FDI (Foreign Direct Investment) and acquire technology. Mainly, the investors seek for variety of
factors when going international.
These factors include the following:
• an area's business climate; education and training strengths;
• labor unionization; attitudes of local and state governments;
• available incentives;
• community attitude;
• commuting distance;
• transportation costs and proximity to roads;
• availability of transportation facilities;
• labor productivity and attitude toward productivity;
• cost of labor;
• availability of skilled and unskilled labor;
• availability and transfer of qualified technicians and managers;
• land availability and cost; cost of construction; proximity and access to markets;
• availability and cost of utilities;
• cost of living;
• tax structures and rates;
• insurance considerations;
• financing opportunities;
• banking services;
• social and cultural climate;
• quality of life;
• local and physical infrastructure;
• proximity to suppliers/resources;
• access to raw materials; CEO ownership preferences;
• an area's business climate; education and training strengths;
• labor unionization; attitudes of local and state governments;
• available incentives;
• community attitude;
• commuting distance;
• transportation costs and proximity to roads;
• availability of transportation facilities;
• labor productivity and attitude toward productivity;
• cost of labor;
• availability of skilled and unskilled labor;
• availability and transfer of qualified technicians and managers;
• land availability and cost; cost of construction; proximity and access to markets;
• availability and cost of utilities;
• cost of living;
• tax structures and rates;
• insurance considerations;
• financing opportunities;
• banking services;
• social and cultural climate;
• quality of life;
• local and physical infrastructure;
• proximity to suppliers/resources;
• access to raw materials; CEO ownership preferences;
Haiti (Republic of Haiti) is not a very easy place to invest. The country has a very unstable social
and economic situation. It experienced a massive 7.0 earthquake and several subsequently large
tremors, which led to the deaths of many citizens in January 2010. Currently, the country is
experiencing problems with cholera, AIDS, high crime rates, high unemployment, and high
illiteracy among other things. According to CIA Factbook Report (2010), 80% of the population
lives "under the poverty line and 54% in abject poverty".
and economic situation. It experienced a massive 7.0 earthquake and several subsequently large
tremors, which led to the deaths of many citizens in January 2010. Currently, the country is
experiencing problems with cholera, AIDS, high crime rates, high unemployment, and high
illiteracy among other things. According to CIA Factbook Report (2010), 80% of the population
lives "under the poverty line and 54% in abject poverty".
PO Box 666 Brentwood, NY 11717 • Phone (631) 273-4100 • Fax (631) 273-4111 • yair@cefotaj.org • www.cefotaj.org
HOUSE_OVERSIGHT_019451
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