The government support and the strategy design Together with the private sector, they have managed to make local and free zone manufacturing reflect important economic advances in the last two years.
In the case of free zone manufacturing Its recovery has surprised and exceeds the levels of 2019, prior to the pandemic, and currently records historical records, since exports of goods in 2021 grew 15% compared to 2019 and 22% compared to 2020.
In addition to the fact that this growth has had an impact on job creation since 2021 closed with more than 183 thousand direct jobsand it is projected to close 2022 with more than 200,000 direct jobs, being the sector with the highest generation of new jobs in the last two years.
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And it is estimated that to date the total impact of jobs in the sector amounts to 403,318 people, including direct and indirect jobs.
From January to June 2022 they have a year-on-year growth of 8.6% and exports of goods reached a cumulative amount of US$3,958.5 million, a variation of 14.6% compared to the same period in 2021.
While from January to June 2022 the local manufacturing registered a year-on-year increase of 4.5%, mainly associated with the favorable performance of the manufacturing of chemical substances and products, manufacturing of beverages and tobacco derivatives, manufacturing of common metals and other food products.
And in 2021 this sector grew 10.6% mainly explained by a greater dynamism in the production volumes of goods related to the manufacture of common metals, non-metallic mineral products, chemical substances and products, as well as the production of alcoholic and non-alcoholic beverages and tobacco derivatives, among others. .
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At the end of 2020, the industry had a year-on-year drop of around -6.7%, but these figures were below the average for Latin America and the industry is resilient and has recovered.
The president of the Association of Industries of the Dominican Republic, Celso Juan Marranzini evaluated these two years of government as successful, which has handled the crisis correctly both in times of pandemics and their aftermath, as well as the adverse international environment with Russian and Ukrainian conflicts and the current inflationary moments.
“We have managed to work together to reactivate the economy and to curb inflation and maintain investment levels and job creation.”
