Results 1 to 1 of 1

Thread: 08/2017 - China Extends Her Silk Road To Haiti ???

  1. #1
    Join Date
    Nov 2004
    Location
    Queens New York (3hrs20min to STI)
    Posts
    2,263
    Thanks
    5,767
    Thanked 13,957 Times in 1,930 Posts

    08/2017 - China Extends Her Silk Road To Haiti ???

    China Extends Her Silk Road To Haiti

    08/04/2017 01:00 pm ET | Updated 8 hours ago


    Georgianne Nienaber
    China plans to build markets in Port-au-Prince under the new initiative. China plans to invest $30 billion in Haiti’s infrastructure according to the Haitian Press Agency (AHP). This week the Mayor of Port-au-Prince, Youri Chevry, hosted the signing of an agreement between the Haitian company Bati Ayiti (Build Haiti), headed by former Senator Amos André, and the Southwest Municipal Engineering and Design Research Institute of China.

    The agreement includes the construction of a 600 megawatt power plant to electrify Port-au-Prince, the construction of a new City Hall, markets, thousands of apartments, and eventually a railway from Port-au-Prince to the countryside. The center of the discussion was “the reconstruction of the main building of the Town Hall and the construction of several public contracts on the territory of the commune of Port-au-Prince,” according to LoopHaiti.

    20,000 workers will begin work before the end of 2017, backed by an initial infusion of $5 billion. The Chinese Government has a deadline of September 30, 2017 to unblock the funds. In the meantime, Bati Ayiti, the City of Port-au-Prince and their partners continue to work on the recruitment of staff.

    Last May, China’s president Xi Jinping hosted the first Belt and Road Forum (“One Belt, One Road”) in Beijing, offering hundreds of billions of dollars to over 100 interested countries for infrastructure projects. Haiti stands to be a beneficiary of the ambitious Chinese initiative, which is modeled on the ancient “Silk Road.” 2,000 years ago China opened up routes of trade that linked the civilizations of Asia, Europe and Africa.

    China now stands to have influence in the Caribbean corridor stretching from Cuba to Venezuela.

    Some analysts have compared the One Belt One Road enterprise to the Marshall Plan. After World War II, the United States was such a strong manufacturing entity that it was forced to seek markets for its industrial products. The Marshall Plan required that aid to Europe involve a quid pro quo of U.S. investment and imports.

    Today, China has an excess amount of industrial capacity. China is exceptionally skilled at infrastructure. Foreign investment provides an outlet for exports of labor and resources.

    “This accord may finally break the grip that the eternal exploiters of Haiti had for decades on the poor people of Haiti while they greatly benefited from favors and monopolies from corrupt governments,” says Bernard Sansaricq, the former Senate President of Haiti, in an email

    Is it also possible that the Chinese initiative is less about altruistic globalization and more about finding markets for its industrial over capacity? Is China trying to lure Haiti into its geo-political orbit? Both motives may work together for the benefit of Haiti.

    It worked in Rwanda. Figures from the Rwanda Development Board indicate that Rwanda registered 45 Chinese investments from 2010 – 2016.

    The change in Kigali is stunning over the past 15 years. I have witnessed this transformation myself in multiple visits since 2004. The streets are clean and not a plastic bag in sight. A woman can walk the streets alone at midnight and feel as safe as on a moonlight stroll on Sanibel Island’s beaches.

    Chinese engineers built the country’s tallest building, Kigali City Tower, “a gleaming 20-story glass skyscraper; the building that houses Rwanda’s foreign ministry; various hotels, schools, and hospitals; and 80% of the country’s roads,” according to an article in Quartz Africa.

    There are still problems, of course, and outside development offers no guarantee of utopia. Competition for jobs remains fierce.

    As Ezili Danto of the Haitian Lawyers Leadership network suggests, China can capitalize on the failures of the Clinton Foundation failures in Haiti.

    “If Trump is too tied up with the Deep State and China leaves a bit of clean water, electricity, and road infrastructure- so be it. But anything done under the illegitimate (left-over Clinton/Bush establishment) government is worrisome. They put Jovenel (the current President) in to keep the status as is — the people too hungry, sick, and weak to fight back,” Danto says.

    See also this article on the Haiti Mafioso.

    A power plant to light up the roads certainly won’t be welcomed by the dark forces of the criminal mafias.

    “I’d have preferred to champion a U.S. government initiative, but it (the China investment) is what it is,” says Danto.



    This definitely could be a game changer for Haiti with Dominicans crossing over to find work there.

    I'm gonna follow this with a wait and see approach because a Chinese company committed to begin work with a 2016 deadline in Nicaragua on a new canal project with an even bigger investment and the project never happened in spite of the deals being inked and some lands seized plus a reasonable amount of monies spent on surveying and planning.

    Since this is not a private firm but the government itself it may be for real. If so it will be interesting to see if the Chinese can prove to be more astute than others have when investing in the Caribbean particularly on the island of Hispaniola.


    -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
    Last edited by ROVER; 08-09-2017 at 01:44 PM.
    DON’T HATE THE PLAYER !!!!! “HATE THE GAME”

  2. The Following 10 Users Say Thank You to ROVER For This Useful Post:


  3. # ADS
    Our Supporters Support our advertisers!
    Join Date
    Always
    Location
    Advertising world
    Posts
    Many
    Casa De Compai
     

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •