DR1 Daily News - Dominican Republic

The Dominican Republic is set to aggressively court high-value foreign direct investment (FDI) with a new cooperative agreement between its Ministry of Industry, Commerce, and MSMEs (MICM) and the International Finance Corporation (IFC), a member of the World Bank Group.

The two entities formalized a US$400,000 cooperation agreement on 18 September 2025 aimed at strengthening the attraction of sustainable FDI into strategic, high-value-added manufacturing sectors within the country’s free trade zones.

The project, titled “Investments in High-Value-Added Manufacturing in the Dominican Republic,” will focus on key growth industries. It mandates comprehensive sector analyses, the generation of new investment opportunities, and the creation of targeted value propositions for industries with significant national potential, including...