Haiti looks to textile park for jobs boon

PORT-AU-PRINCE, (Reuters) – The U.S. and Haitian  governments signed a deal on Tuesday with a South Korean  garment manufacturer to develop an industrial park in  quake-hit Haiti in one of the largest investment projects in  the poor Caribbean country.

The project with South Korea’s Sae-A Trading Company  Limited is also backed by the Inter-American Development Bank  and intends to breathe new life into Haiti’s garment export  industry and its shattered economy after a devastating  earthquake a year ago.

The poorest country in the Western Hemisphere, Haiti is  still reeling from the Jan. 12, 2010, disaster that killed up  to a quarter of a million people.