The Puerto Rican businessman Felipe Castro Quiles said the recent boom of the Dominican Republic In the sector of the Medical Technology and the Advanced manufacturing is generating extensive conversation in Puerto Ricowhile urging to analyze the reasons behind the sustained growth of the Caribbean country.
In a column published the October 6, 2025 In the newspaper The new dayCastro Quiles explained that the Dominican Republic “It has become a reference in the Advanced manufacturing And in the export of medical devices in Latin America and the Caribbean, “according to international article data”Precision in Paradise“
The businessman indicated that in 2024 the Dominican exports in Medical Technology They reached 2,250 million dollarsequivalent to 31 % of the total exports of Free zones industrialists
He added that the country has 92 free zones that host more than 850 companiesof which about 40 are dedicated exclusively to the MANUFACTURE OF MEDICAL DEVICES.
Castro Quiles pointed out that this performance is linked to stable public policies, Fiscal incentives Guaranteed for 15 years, international commercial treaties with the United States and the European Union, and a “certified and trained” human capital.
Port Infrastructure and Logistics
He also highlighted the improvements in port infrastructure and logisticsas well as the adoption of artificial intelligence in manufacturing and technological innovation processes.
The businessman stressed that the Dominican case represents an example of strengthening industries linked to the Digital healththe Advanced manufacturing and the Automatic learning.
In his article, he argued that the development of these sectors “is a call to action so that Puerto Rico Structure Integrated policiesincentives and alliances that facilitate investment and sustainable development in high -tech areas. “
Castro Quiles concluded pointing out that the economic growth and social countries depend on their ability to take advantage of the opportunities of the global economy of the knowledge.
