Monday, December 26, 2011

ARTICLE - MOULINS D'HAITI REOPENS

RESUMPTION OF ACTIVITIES OF MOULINS D'HAITI
(Haiti Libre) -

On December 15th took place, the official resumption of the activities of Moulins d'Haiti (LMH) located in Laffiteau. On this occasion the President of the Republic, Michel Martelly, government officials, and the business community were present. The activities of Moulins d'Haiti had been abruptly halted following the destruction of its facilities on January 12, 2010.

Carl Braun, the President of the Board of Directors, declared that the new facilities of the mill makes it the largest mill in the Caribbean "... thanks to an agreement between the Haitian government and private shareholders, we were able to rebuild this great industrial plant that we are inaugurating today, with two flour mills with a total capacity of 1,200 tonnes per day and a corn mill with a capacity of 120 tonnes per day. The largest mill in the Caribbean rises from the ashes..." He added that the work to reopen the Moulins d'Haiti are the result of an investment of $55 million USD.

The Minister of Agriculture, Natural Resources and Rural Development, the agronomist Docteur Hebert declared "... after twelve years of effort, and investment the production will be more than doubled. Currently, the Moulins d'Haiti, unless I am mistaken has the largest mills in the Caribbean. We understand and we share the legitimate pride that drives this company, which now employs over 400 people..."

President Martelly, for his part has focused on the public-private partnership; "...the Moulins d'Haiti have in their assets additional reasons to hold my attention. Firstly, the constitution of its capital projects is an inspiring model. A private-public sector partnership, and the marriage of national capital with foreign capital. I want to highlight the spirit of this dual partnership, which may help to generate capital for the case of our resources.

Secondly, I noticed that the Moulins d'Haiti doesn't have a monopoly and operates in an open market subject to competition laws. This remarkable situation experienced by this company proves eloquently that an intelligent initiative, conditioned by the demands of the market does not need regalian advantages to be profitable..."

No comments: