Business, Haiti, Latest News

Taiwan temporarily suspends project to building electricity grid in Haiti

The Ministry of Foreign Affairs of Taiwan says plans to  construct an electricity grid have been suspended for now due to the socio-political unrest that the country has been experiencing since February 7.

Alexander Yu, the Director General of the Department of Latin American and Caribbean Affairs, told a press conference on Tuesday that –  “As anti-government protests continue in Haiti,  the construction of the electricity grid planned for Port-au-Prince would only begin after the political situation has been resolved.”

“We have signed a contract for the loan and construction of the project and must wait for Parliament’s approval for construction to begin.”

He said the project, which aims to help alleviate the energy supply problems of the capital, includes the construction and renovation of substations and transmission towers including training for local staff maintenance and is financed to the tune of US $145.89 million by a Taiwanese bank in the form of a commercial loan to the Haitian government The project will be  undertaken by Taiwan’s Overseas Engineering and Construction Co. and could take about two year. Continue reading

Haitian Times

Haitian Times

The Haitian Times was founded in 1999 as a weekly English language newspaper based in Brooklyn, NY.The newspaper is widely regarded as the most authoritative voice for Haitian Diaspora.
Haitian Times
Feb. 23, 2019

Leave a Reply

Your email address will not be published. Required fields are marked *