Haiti’s Commerce and Industry Minister James Monazard conducted a strategic inspection of the Caracol Industrial Park (PIC) on January 13, 2026, marking a significant step in implementing the recently renewed HELP/HOPE Act by the U.S. Congress. This legislative framework serves as a cornerstone for Haiti’s economic advancement, granting duty-free access to the U.S. market for Haitian textile and apparel products—a sector accounting for approximately 90% of the nation’s exports and sustaining thousands of jobs.
During his comprehensive assessment, Minister Monazard evaluated the park’s operational infrastructure and engaged with local administrators and stakeholders to refine development initiatives. The discussions focused on maximizing the economic impact of the trade preferences afforded by the HELP/HOPE Act, identifying actionable strategies to enhance national economic benefits.
The PIC stands as a pivotal asset in Haiti’s industrial landscape, currently providing 2,500 direct employment opportunities. With 69,304 square meters of readily available industrial space and an additional 23,552 square meters under development, the park is positioned to accelerate industrial expansion and restore its peak employment capacity.
A transformative addition to the park’s infrastructure is the ongoing installation of a 13.4 MW photovoltaic solar facility, complemented by battery storage technology. This green energy project promises uninterrupted power supply to the industrial complex and adjacent communities, reinforcing energy security, operational sustainability, and investor appeal. The solar initiative represents a critical advancement in reducing operational dependencies and enhancing the park’s competitive edge in attracting international investments.