With the rainy season creating additional strife in earthquake-ravaged Haiti, BET founder and business mogul Bob Johnson is bringing new hope to the Caribbean nation. Johnson’s investment company, RLJ Companies, partnered with Global Building Solutions following the January natural disaster to develop mass housing and now has new plans to bring work and financial assistance to Haiti.
The venture, named Caribbean Opportunity Holdings, plans to construct factories in the island nation that will build construction materials, according to a press release issued by the company.
“We know that putting a manufacturing facility in country as opposed to shipping all of the materials from outside will create more jobs and make it cheaper to make the houses,” said Chief Operating Officer Lisa Pickrum in a press release.
She went on to say the company plans to “move beyond aid in to profit-sharing businesses.”?A press release from Johnson states the two factories will build earthquake- and hurricane-resistant panels for housing in Haiti’s quake-battered capital and in the city of Cap-Haitien.
Johnson announced the new project during a recent trip to Port-au-Prince, where he met with Haitian President Rene Preval and Prime Minister Jean-Max Bellerive.