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Koreans want in on Dominican Republic’s beer power

Santo Domingo.- Executives of the South Korea brewery Hite Jinro on Tuesday announced their interest in investing in Dominican Republic’s market by exporting beer and creating jobs.

After a National Palace press conference, president Danilo Medina received the business leaders, who previously met with Economy minister, Temístocles Montas, who said it’s one of South Korea’s leading producers of alcoholic beverages in and for some time have partnered with Grupo Barceló to imported beer.

“In the coming weeks we’ll possibly have the opportunity to see Cerveza Barceló beer placed in shopping malls, and their idea is, in addition to imports, install a brewery in Dominican Republic,” Montas said.

He said initiative also involves exporting beers of the highest quality from Dominican Republic to all the countries of the region.

Moreover, Hitejinro Brewery CEO Yang In Jip said the commercial relationship with Dominican businesses will be sustained in the long term and his desire is to expand their business operations with Dominican Republic. “The volume of our orders is growing and I want to contribute to create jobs in the economy.”

Also present in the meeting were Hitejinro vice president You Bo-hyung, Latin America director Moon Byung Kyung, and Grupo Barceló CEO José Miguel Barceló, among others.

Dominican Republic is a regional powerhouse beer exporter, with famous brands such as Brahma, Presidente, Bohemia and Quisqueya, among others.

Source: DT

Category: DR News |

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Last updated December 5, 2016 at 5:41 PM
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