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March 17, 2022
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In the DR, ten new free zone companies will invest US$16.1 million

El Caribe

Daniel Liranzo, from the CNZFE, together with the Minister of Industry and Commerce, Victor Bisonó.

Ten new free zone companies approved yesterday by the Board of Directors of the National Council of Export Free Zones (CNZFE) would be placing an investment of US$16,185,718 in the Dominican Republic.

According to information offered at the end of the ordinary session where the subject was discussed, thanks to these capitals and companies, it is projected to generate 1,375 direct jobs.

Among the activities to which the companies will be engaged are the manufacture of tubes, classification, packaging and processing of fruits and vegetables, textile manufacturing, tobacco processing, repair and assembly of cellular devices, among others.

In the ordinary session of the Board of Directors held on Wednesday, the installation permit for an industrial park was also approved, with an estimated investment of US$6.4 million and an amount greater than US$1,240,380 in foreign currency.

geographical spaces

The towns where the companies will be located are Santo Domingo, Santiago, Monseñor Nouel, Peravia and Hermanas Mirabal.
The executive director of the CNZFE, Daniel Liranzo, referring to the behavior of the sector, reported that during the first two months of this year, exports from free zones amounted to US$1,123.67 million, for a growth of 14.3% compared to the same period of the year. year 2021.

The CNZFE Board of Directors was chaired by the Minister of Industry, Commerce and Mipymes (MICM), Víctor -Ito- Bisonó.
Also in attendance were the Vice Minister of Free Trade Zones of the MICM, Carlos Guillermo Flaquer; the general director of Proindustria, Ulises Rodríguez, and the deputy executive director of the CNZFE, Yarisol López, among other representatives of the sector.

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