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Dominican Tourism Sector Continues to Attract Foreign Investment

The Dominican tourism industry was one of the sectors that received the largest amount of direct foreign investment during 2010-2016, receiving a total of US$2 billion, according to Central Bank figures.

Total foreign investment peaked at US$15 billion during that same time period. The United States was the main source of foreign investment, reaching an impressive US$3 billion.

During 2015, the last year for which statistics are available, the U.N. Economic Commission for Latin America and the Caribbean (ECLAC) revealed that investment in the country focused on the tourism and real estate sectors, accounting for 49% of total investment. Of this number, 42% of overall investment came from the United States; 30% from other Latin American and Caribbean countries; 5% from Canada; 7% from the Netherlands; 11% from other European countries, and 5% from other countries.

Source: Access DR

Feb 10, 2017

Category: DR News |

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Last updated June 24, 2017 at 11:34 PM
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