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Haiti - Politic : Government borrows $150M from Taiwan for electricity


Haiti - Politic : Government borrows $150M from Taiwan for electricity

The loan of 150 million dollars from Taiwan (Republic of China) for a project of electrification of the capital, first mentioned in November 2017 by the former President of the Senate Youri Latortue https://www.haitilibre.com/en/news-22777-haiti-politic-taiwan-favorable-to-a-loan-of-$150m-for-the-project-of-electrification-of-haiti.html during a trip of 6 parliamentarians to Taiwan https://www.haitilibre.com/en/news-22634-haiti-politic-senator-youri-latortue-in-taiwan.html then confirmed by former Finance Minister Jude Alix Patrick Salomon in May 2018 https://www.haitilibre.com/en/news-24261-haiti-energy-taiwan-grants-a-loan-of-about-$150m-dollars-to-haiti.html was signed this week in Taipei by Chancellor Bocchit Edmond on a three-day official visit.

Note that this is the first official loan of Official Development Assistance (ODA), to a diplomatic ally according to a Taiwan official. The project will be entrusted to a Taiwanese construction company and the work could last at least two years according to estimates from reconnaissance trips. This project includes, among other things, the construction and renovation of substations and transmission towers including training in personnel maintenance. https://www.haitilibre.com/en/news-24554-haiti-flash-jovenel-moise-relies-on-taiwan-to-electrify-haiti.html

This is the Deputy Minister of Foreign Affairs Li Tsao Tsao-jey which welcomed Bocchit Edmond has the head of a delegation of four members to the Taiwan-Taoyuan International Airport.

Moreover, on Thursday, Chancellor Bocchit Edmond signed with his Taiwanese counterpart a cooperation agreement between the two Diplomatic Academies of the Ministries of Foreign Affairs of Haiti and Taiwan aimed at training Haitian diplomats.

On the same day he was received in private audience by the President of the Republic of China (Taiwan) Tsai Ing-wen in his official residence to whom he conveyed the wishes of President Jovenel Moïse and the Haitian people, who offered a Wreath and a Haitian product as a gift from Phelicia Dell's famous collection vêvè.

See also :

https://www.haitilibre.com/en/news-25570-haiti-taiwan-last-step-for-the-construction-of-a-electricity-grid-to-pap.html

https://www.haitilibre.com/en/news-24554-haiti-flash-jovenel-moise-relies-on-taiwan-to-electrify-haiti.html

https://www.haitilibre.com/en/news-24261-haiti-energy-taiwan-grants-a-loan-of-about-$150m-dollars-to-haiti.html

https://www.haitilibre.com/en/news-22777-haiti-politic-taiwan-favorable-to-a-loan-of-$150m-for-the-project-of-electrification-of-haiti.html

HL/ HaitiLIbre



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