Santo Domingo.- President Luis Abinader left installed, this Thursday afternoon, the plenary session of the Coordination Council of the Special Border Development Zone (CCDF), which has the task of knowing, examining and approving the projects that are submitted to be installed in the Special Border Zone.
This tax incentive regime is an important development tool that will be a key element in the plans of President Abinader’s government to fulfill its commitment to the country’s border and create thousands of jobs in that area.
When pronouncing the central words of the activity, the official stated that through the granting of tax incentives in the Special Border Development Zone, the government intends to support the installation of industrial, agro-industrial and other companies that increase employment. and reduce poverty.
The head of state stressed that with tax incentives many jobs and a great economic impact can be generated throughout the area, “which means the development and well-being of the people.”
“From here, I call on the companies to put their eyes on these projects, so that many more join the more than 81 that are already installed and the more than 40 that have already expressed their interest in coming,” said the president. .
He added that “we are all working for that goal, which is common to all the Dominican people: employment and well-being.”
“That is why we are here today, to give maximum support and plan the actions of Law 12-21, enacted last year, to continue bringing well-being to border communities by granting tax incentives to companies that settle in the Zone. Border Development Special and not to miss any opportunity, “said the government official.
Chairman of the CCDF
On his side, the president of the CCDF, Ramón Pérez Tejada, expressed his determination to turn this body into an entity to accompany those interested in investing in the border area.
In addition, he emphasized his interest in achieving the application of the law in a transparent manner, through continuous supervision.
CCDF Executive Secretary
Erodis Díaz, executive secretary of the CCDF, highlighted the commitment of the
president with the border strip, who assumed a fundamental role in promoting the approval of Law 12-21.
At the same time, he pointed out that it is the first time that a president has met with the members of the Plenary of the Council, since a Law for border development was created in 2001, “giving the clear message that we are changing and that the time has come of the border”.
Special Zone for Border Development
Currently, the Special Zone for Border Development has 81 covered companies, which generate more than 11,000 jobs, directly impacting the lives of its citizens, and there are more than 200 businessmen interested in taking advantage of the tax incentives regime, which were waiting for the Council to meet, since it had not been in session since 2014.
The Council is made up of 14 members, the Ministers of Industry, Commerce and MiPymes, Finance, Economy, Planning and Development, Agriculture, the Executive Director of the Export and Investment Center of the Dominican Republic, the Executive Secretary of the Council and the President of the Council. , appointed by the Executive Power, as well as a representative of Civil Society for each province of the Special Zone.
The Administrative Ministers of the Presidency, José Ignacio Paliza; Industry, Commerce and Mipymes, Ito Bisonó; Economy, Ceara Hatton and the executive director of PRODOMINICANA, Biviana Riveiro.
