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Council issues permits to 15 new free zone companies

Santo Domingo.- Industry and Commerce minister Jose del Castillo on Thursday announced that the National of Free Zones Council issued operating permits to 15 new free zone companies.

He said the new companies have a total estimated investment of RD$388.8 million to develop their production, and will create 990 direct jobs, with profits of around US$8.4 million annually.

Del Castillo, accompanied by National Free Zones Council director Luisa Fernández, said permits were approved for two free zones parks, built at a cost of RD$924.7 million, which will create 1,390 direct jobs .

The companies, the official said, will be located in the industrial parks in Santo Domingo, Santiago, San Isidro, San Pedro and Las Americas, and include Chem Tec, Jánico, Caribbean and Los Robles. “These new companies’ decision to pick the Dominican Republic for their investment is the result of government’s economic policy.”

Source: DT

Category: DR News |

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Last updated March 23, 2017 at 1:16 AM
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