Port-au-Prince, Haiti, February 1st, 2017
The new Citadelle United plant packaging Kolos cement has been operational since January 2017 at Lafito.
Marco Focardi, CEO of Domicem, strategic partner of the venture, declared himself extremely satisfied to be in a secure environment set to become an important industrial hub in the Caribbean. This new platform prompted Citadelle to invest massively in the country.
“Citadelle’s continued growth in Haiti incited us to invest more than US$ 25 Million in a very ambitious industrial project. Our new plant located next to the port of Lafito is a brand new, modern facility featuring all the technological advancements and latest technology available in the cement industry; a real gem in engineering” said Mr. Focardi.
Reuven Bigio, CEO of GB Group, confirmed that this venture is the type of development and investment in local manufacturing that the GB Group is encouraging as a solution to Haiti’s systematic dependency on imported goods and low employment rates. “The joint venture with Domicem is the perfect example of the vision behind the Lafito Global project; it is a logistics, industrial, residential and recreational platform precisely developed to facilitate Haitian and international firms to co-invest in manufacturing and distribution enterprises, to promote new jobs, strengthen the local currency, setting the roadmap towards sustainable growth.”
Citadelle United S.A is a company established in September 2010 in Haiti, with headquarters in Port au Prince. It is a joint venture between two major renowned companies, Domicem S.A. of the Dominican Republic and the GB Group.
“Domicem S.A.” is a subsidiary of the “Colacem” Group, Italy’s third cement producer. Colacem has plants both at home and abroad. Its industrial outlook is guided by sustainability and social responsibility while investments are managed by high skilled professionals which run modern production units.
About GB Group
GB Group is a leading, diversified group of industrial and trading companies in the Caribbean, with operations concentrated in Haiti, Dominican Republic, Jamaica, Panama and St. Maarten and offices in the United States. Its operations are in the construction, consumer goods, infrastructure, energy, logistics and trading industries. GB Group collaborates with more than 4,000 employees and embraces managers from more than 15 countries companywide. GB Group has strategic alliances and/or partnerships with some of the world’s top business organizations.