President Luis Abinader He assured yesterday that the foreign direct investment In the Dominican Republic, it exceeded 4 billion dollars in 2023 and projections indicate that by the end of 2024, it will reach 4.5 billion dollars.
The president made the statement at an event Export and Investment Center of the Dominican Republic (ProDominicana), where eleven foreign companies were recognized for their contributions to the Dominican economy, with the generation of jobs, foreign currency, technology transfer, promotion of exports and increased international competitiveness.
The activity was held in the auditorium of the central bank and was attended by ministers and other government officials, legislators, diplomats, foreign investors and national businessmen, among others.
Can read: Public servants will resume claims for non-application of resolution 572-07
Recognized companies
In the “Industry and Commerce” category, ProDominicana recognized Bepensa Dominicana; LY Company Caribe was awarded in the “Sustainable Investment” category, and Medtronic (Davis & Geck Caribe) was awarded in the “Free Trade Zones” category.
In the “Agribusiness” category, the Tabacalera de García SAS (Allied Cigar La Romana) was recognized; in “Energy”, the company Ecoener Fotovoltaica Dominicana, and in the “Financial” area, the recognition went to Citibank Dominican Republic.
In the “Telecommunications and ICTs” category, Towers & Sites Dominicana was recognized; in the “Real Estate” category, Grupo Roble; in “Tourism,” Grupo Martinón; in “Logistics Infrastructure,” ITM Group; and in “Sports Development and Training,” Major League Baseball RD received the award for being a leader in sports development and training, providing opportunities to young Dominican talents, generating thousands of jobs in the country and supporting the development of sports in the Dominican Republic.
Improving investment climate
President Abinader indicated that his government has implemented various initiatives and projectswhich seek to further improve the investment climate and generate greater opportunities for the country.
He promised to continue working to create an environment conducive to investment and ensure sustainable development and the well-being of all Dominicans.
“Today we celebrate the effort and dedication of these companies that have invested in our country. Their contribution has been fundamental for the Dominican Republic lead the flow of foreign direct investment in the region, with historic figures that reflect the confidence in our market,” said the head of state.
