Haiti
Caracol Industrial Park

On 21 October 2012, Haitian President Michel Martelly, US Secretary of State Hillary Clinton, Bill Clinton, Richard Branson, Ben Stiller and Sean Penn inaugurated the 240-hectare (600-acre) Caracol industrial park, the largest in the Caribbean. The project cost US$300 million and included a 10-megawatt power plant, a water-treatment plant and worker housing. The plan for the park pre-dated the 2010 earthquake but was fast-tracked as part of US foreign aid strategy to help Haiti recover. The park was part of a "master plan" for Haiti's North and North-East departments, including the expansion of the Cap-Haïtien International Airport to accommodate large international flights, the construction of an international seaport in Fort-Liberté and the opening of the $50 million Roi Henri Christophe Campus of a new university in Limonade (near Cap-Haïtien) on 12 January 2012.

In 2012, USAID believed the park had the potential to create as many as 65,000 jobs once fully developed. South Korean clothing manufacturer Sae-A Trading Co. Ltd, the park's only major tenant, created 5,000 permanent jobs out of the 20,000 it had projected and promised to build 5,000 houses yet only 750 homes had been built near Caracol by 2014.

Ten years later, the park was considered to have failed to uphold its promise to deliver the transformation the Clintons had promised. The US invested tens of millions of dollars into the port project but eventually abandoned it. In order to establish the park, hundreds of families of small farmers had to be removed from the land, approximately 3,500 people overall. An audit by the United States Government Accountability Office uncovered that the port project lacked "staff with technical expertise in planning, construction, and oversight of a port" and revealed that USAid hadn't constructed a port anywhere since the 1970s. A USAid feasibility study in 2015 found that "a new port was not viable for a variety of technical, environmental and economic reasons", that the US was short US$72m in funds to cover the majority of the projected costs, and that private companies USAid had wanted to attract "had no interest in supporting the construction of a new port in northern Haiti".
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