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Global brewing giant Anheuser-Busch InBev (AB InBev), already the owner of the popular local brand Presidente beer, is expanding its foreign investment footprint in the Dominican Republic, announcing the country has been selected as the new production base for its iconic Corona beer brand, the Presidency reports.

The significant investment is being hailed by the Dominican government as a powerful endorsement of the nation’s legal security and economic health, attributed to recent government policies and strengthened institutions.

President Luis Abinader personally received executives from AB InBev, who formally delivered the news. The President extended congratulations to Jean Jereissati, CEO of AB InBev’s Middle Americas Zone, Fabián Suárez, President of CND (Cervecería Nacional Dominicana, the local AB InBev subsidiary), and AB InBev executives Luis Álvarez and Jochi Pérez.

President Abinader emphasized the profound implications of the investment for local economic...

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