Haiti's WIN Group and Miami-based Santé Holding Corp. announced a $70 million project to redevelop Terminal Varreux, Haiti's largest privately-owned shipping terminal and port facility.
This represents the largest private sector investment made public in Haiti since January's earthquake and will support relief efforts and lay the foundation for the modernization of the country's shipping industry.
The plan includes a new port and jetties, a 150-acre terminal open to all maritime lines, improvements in existing infrastructure plus additional facilities. The project is expected to create about 3,000 jobs in Haiti.
The first step in the three-to-five-year project involves building two deep-water jetties for container cargo.
Construction will begin in about 60 days and will generate about 800 jobs.
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