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Officials woo footwear giant’s suppliers at China gathering

Santo Domingo.- The Dominican delegation led by Administrative minister Jose Ramon Peralta attended the gathering of multinational suppliers of footwear giant Wolverine held in Macao, where they touted their country’s new opportunities and facilities for investors to  the 144 companies present.

Peralta listed Government initiatives he says have made his country a more attractive place for foreign investments and its proximity to the U.S. “There’re 30 multinational footwear makers working in the Dominican Republic today. As a sign of our commitment to welcome and accompany future investments, we’ve created a specialized commission to promote and meet the sector’s needs.”

He stressed the Government’s “desire to always provide fast and efficient solutions so that you only have to worry about your business,” the official said.

Among the benefits Peralta noted the open exchange rate and legal security, highly valued by international investors. He also announced an agreement w to provide training free of charge to workers in any of the new footwear factories.

Wolverine’s suppliers listed to the Dominican officials at a time when the footwear giant seeks to relocate much of its production out of China.

Source: DT

Category: DR News |

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Last updated December 8, 2016 at 12:39 AM
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