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Dominican Republic gets nearly US$1.5B foreign investment in first half

Santo Domingo.- Direct foreign investment during the first half of 2013 was nearly US$1.5 billion, a significant growth over the average of the last five years, said Export and Investment Center (CEI-RD) director Jean Alain Rodríguez on Thursday.

He forecasts that foreign investment’s continued growth will create around 108,700 jobs during the next three years, or 27% of the Government’s projection.

He said that there has been a notable diversification of the investment areas. “This year will be one of the best in foreign investment. Our country offers a wide range of opportunities to invest, focusing investment in recent years in the tourism, real estate, financial, mining, telecommunications, electricity, services and free zone sectors.”

Rodriguez spoke during the International Investment Arbitration Seminar: Foreign investment and protection for investors in Dominican Republic, held at the Crowne Plaza hotel.

Source: DT

Category: DR News |

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Last updated March 22, 2017 at 1:17 AM
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