In a working visit to Cap-Haitien last week, Haiti’s Minister of Economy and Finance Serge Gabriel Collin led a high-level government delegation to review the implementation timeline and on-ground progress of a collection of infrastructure projects backed by the Inter-American Development Bank (IDB). The delegation’s itinerary centered on the Caracol Industrial Park (PIC) and its adjacent zones, where three key development initiatives are currently underway. The first initiative is the construction of a 13.4 megawatt solar power plant purpose-built to supply energy to the industrial park, a project that aligns with growing regional efforts to expand renewable energy capacity. The second project is the development of two new industrial facilities, each spanning 11,776 square meters of usable space, with full financing provided by the IDB. Completing the trio of initiatives is an environmental restoration effort, funded by the International Fund for Agricultural Development (IFAD), focused on reviving the Caracol coastal mangrove ecosystem and upgrading infrastructure at Lake Phaéton. During the site visits, the delegation was able to directly assess construction and restoration progress, as well as document how each initiative is already contributing to the region’s broader economic and environmental development goals. In comments following the inspections, Minister Collin underscored the outsized strategic importance of the Caracol Industrial Park to Haiti’s northern economic corridor, noting that the expanded park is already acting as a major catalyst for new job creation and overall economic growth across the Great North region. The minister also emphasized that long-term success for these high-impact investments will require reinforced accountability, consistent discipline, and close collaborative coordination between all public, private, and multilateral stakeholders involved in the projects. He added that sustained alignment across partners will be critical to ensuring the projects deliver lasting benefits to local communities and support long-term economic resilience in northern Haiti.
Monitoring of major infrastructure projects at the Caracol Industrial Park (video)
