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DR has more than 400,000 businesses

The National Statistics Office (ONE) presented the results of a survey of the nation’s businesses prepared by the office of Small Business (Pymes) at the Ministry of Industry and Commerce under deputy minister Ignacio Mendez. According to the survey that was funded by UNDP and the European Union, the Dominican Republic has around 410,000 businesses, including both formal and informal businesses.

The research, which is part of the National Business Registry was first carried out in the provinces of Peravia, La Romana and Espaillat.

Pablo Tactuk, the national director of Statistics (ONE), reports that the initial results of the survey show that retail shops and stores account for more than 40% of the businesses across the first three provinces in the survey. In La Romana, firms involved in tourism next account for 11.4% of businesses surveyed. While in Peravia and Espaillat, beauty parlors and barber shops are second in importance, with 14.2% and 12.2%.

He said “colmados” selling food and beverage prevail, while betting parlors make up 12% of the small businesses in these provinces.

The results of the complete nationwide survey are expected to be available by the end of the year, says Luis Madera of the ONE.

Source: DR1, Eldinero

July 16, 2015

Category: DR News |

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