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World Bank head holds out hope for Haiti

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Posted: Nov 7, 2012 1:40 PM

Updated: Nov 7, 2012 1:42 PM

PORT-AU-PRINCE, Haiti (AP) The World Bank's new president is wrapping up a two-day visit to Haiti.

Jim Yong Kim spent his first trip to Latin America and the Caribbean as the World Bank representative at a meeting with Haitian President Michel Martelly and other officials.

They signed agreements for $125 million for energy and infrastructure projects. One agreement aims to increase Haiti's power supply for 600,000 people in urban and rural areas. The second, for $35 million, seeks to finance a debris management site and an air safety navigation system at the international airport.

Kim also announced that the World Bank will be offering one-year rentals for 60,000 people displaced by the devastating 2010 quake for 15 months along with vocational training.

His first trip to Haiti in six years ended Wednesday.

Topics: Haiti-Jim Kim

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