David Bohigian, Interim President and Director General of OPIC, heads a delegation in Haiti
Tuesday, May 21, 2019 ((rezonodwes.com)) – David Bohigian, Acting President and CEO of the Corporation Overseas Private Investment Corporation (OPIC), the US government's development finance institution, visited Haiti today, where it met with President Jovenel Moses and other high-ranking government officials, including Prime Minister-designate Jean Michel Lapin, Foreign Minister Bocchit Edmond, Finance Minister Ronald December, and Governor of the Bank of the Republic of Korea Haiti (BRH), Jean Baden Dubois, in order to encourage American investment and discuss the strengthening of security cooperation.
During his stay in Haiti, Mr. Bohigian has signed a $ 19.5 million financing agreement to support the expansion of the future Fatima Group Marriott Hotel in Cap-Haïtien, which will boost economic activity and jobs in the city. He has also led roundtable discussions with local business leaders to discuss investment opportunities, highlight how CIPO supports private sector investment in emerging markets, and set priorities in the Caribbean. particularly in the sectors of energy, agriculture and projects undertaken by women entrepreneurs
“Haiti has a great need for investments at the same time as it represents a promising opportunity for investors”, said Mr. Bohigian. “By working with our partners in Haiti to find solutions that have a significant impact on long-standing development challenges, CIPO seeks to foster prosperity, stability and security in Haiti and beyond.”
Mr. Bohigian leads a high-level CIPO delegation to the Caribbean to explore investment opportunities in the energy and other important sectors, and to strengthen relations with countries in the Caribbean. are essential partners in maintaining stability and security in the Western Hemisphere. Haiti is the third leg of a five-nation tour of the Caribbean that began in the Bahamas and Jamaica and will continue in the Dominican Republic and Saint Lucia.
CIPO's current Caribbean portfolio raises more than $ 250 million, including nearly $ 35 million in Haiti for various projects in areas ranging from housing and construction to food production.
At a meeting held last March with Caribbean leaders around trade, investments in the energy sector, and security issues, President Trump reaffirmed the US's commitment to working with partners in the region to help support economic growth, counter unfair investment policies, and enhance security cooperation.