Some Haitians have a sharply different view. They say the Caracol Industrial Park does little more than replicate failed efforts from the past and contend it will benefit outsiders more than Haitians. They also worry it will harm some of the few pieces of undamaged environment that still exist in Haiti.
"It's really all-in on this project, and there's a high bar to deliver," said Laurent Dubois, a historian who teaches at Duke University and is author of "Haiti: The Aftershocks of History." ''It really needs to deliver in a big way so that people will think, yeah, this was the right thing to do."
The stakes are high in large part because the Clintons have been so heavily involved.
The Caracol project was in the works before the earthquake but it became a top priority for the Obama administration soon after the disaster. Hillary Rodham Clinton's chief of staff, Cheryl Mills, has made almost monthly visits to the site on Haiti's northern coast.Bill Clinton also took an interest. He attended the project's groundbreaking a year ago with Martelly. The $124 million put in by the U.S. makes the park Washington's biggest single investment in the aftermath of the quake and it is certain to shape the legacy of the Clintons, who last visited Haiti together in 1975 on a wedding gift following their honeymoon in Mexico. Monday's trip is Hillary Rodham Clinton's third to Haiti since the earthquake, and there have been more than a dozen visits by her husband, who was co-chairman of an earthquake recovery panel before its mandate ended a year ago. The industrial park to be inaugurated by the Clintons was built on a 617-acre (250-hectare) site meant to "decentralize" Haiti's economy away from the crowded capital of Port-au-Prince and help develop the long-neglected countryside.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV