With the aim of reducing time and procedures for the development of new investments, the Export and Investment Center of the Dominican Republic (ProDominican) and the National Energy Commission (CNE) agreed to promote joint actions for the effective application of the Single Investment Window of the Dominican Republic (VUIRD).
The executive director of ProDominicana highlighted that the Dominican Republic, Biviana Riveiro It offers a very favorable climate for private investment in various projects related to energy, based on a friendly rule of law for both conventional generation projects and those based on alternative sources.
You may be interested in: Chamber of Commerce and Production Hermanas Mirabal and ProDominicana sign agreement
He stressed that there is significant dynamism in the electricity subsector, in which a significant amount of investment is being allocated to the generation of electricity from renewable sources.
Currently there are 29 provisional concessions, 57 definitive and 62 in process to generate energy, informed Edward Verasdirector of the CNE.
From VUIRD all the permits, licenses, registrations and necessary documentation of institutions and local governments will be managed from the same place, with a view to making investing in the Dominican Republic more affordable than ever.
The facilities to which the investor will have access are articulated from the Coordination Commission of the VUI. This is made up of more than 15 institutions and local governments.
