The Superintendency of Pensions (Sipen) emphasizes that, thanks to investments of the pension funds In the tourism sector through investment funds, more than 5 million members of the system of pensions They are shareholders of important hotel projects in different tourist complexes in the country. This has contributed to the revitalization of the economy and has strengthened the international projection of the Dominican Republic as one of the best holiday destinations in the world.
In a press release the Sipen He stressed that, with these investmentsprojects are being developed in various provinces: La Altagracia, with 10 tourism projects; Gran Santo Domingo, with two city hotels; San Pedro de Macorís, with a tourist residential project; and Samaná, with a beach hotel. All projects financed with pension funds can be consulted in the Interactive map of Sipenavailable in This link.
Francisco A. Torres, Superintendent of Pensionshe informed that since the beginning of his management he has promoted the diversification of the portfolio of investmentsapproving new funds from investment as alternatives for pension funds.
“This approach has generated a significant increase in it Total amount Approved in the last two years, reaching more than RD $ 227 billion, which represents an increase greater than 100% compared to the amount approved before December 2022, “he said.
Torres added that more than RD $ 20 billion of pension funds They are invested in Beach hotels With more than 1,600 rooms, generating approximately 2,000 jobs. In addition, around RD $ 17,000 million for the construction and remodeling of Tourist infrastructureincluding luxury projects, operation, maintenance, expansion of road networks, waste and airport treatment.
The Superintendent valued the positive impact of the investment of the pension funds in it growth of the tourist industrythat this year captured investments For more than 6,750 million dollars in Fitur.
It should be noted that the tourism It is the third Economic activity with greater number of quotes to the Dominican system of Pensions (SDP). Currently, around 165 thousand workers in the sector contribute monthly to the individual capitalization system, representing 7.2% of the quotes assets and providing more than RD $ 380 million per month.
