Caracol (French pronunciation: [kaʁakɔl]; Haitian Creole: Karakòl) is a commune in the Trou-du-Nord Arrondissement, in the Nord-Est department of Haiti.

Prior to the 2010 earthquake, Bill Clinton was named special envoy to Haiti by UN Secretary-General Ban Ki-moon, whose connections with the South Korean company Sae-A Trading Co. Ltd were later put to work in the planning of the park.

[13][2][8] Although the minimum wage was raised over US Embassy, US AID, and US State Department opposition,[14][15][16] garment factories across the country, including at Caracol Industrial Park, were not applying the law in late 2013.

[13][17][18] The numbers of those employed was much smaller than estimated, with only 5,479 full-time employees in 2017, with investments for the park costing about $55,000 USD per job, thirty times 2,900% more than annual salary of each worker.

According to Haïti Libre, beyond management and security problems, this was most likely due to a lower house vote approving a 78.5% increase in the Haitian minimum wage for workers in the sector.