DR1 Daily News - Dominican Republic

The global medical device sector has the Dominican Republic in its focus. Already 40 manufacturers lead the way, representing 31% of all free zone exports in the country and US$2.6 billion in exports in 2023 alone. DP World is spearheading the next step in positioning the DR as a global medtech manufacturer, a company press release highlights. DP World manages port-manufacturing enterprises at the Dominican Republic’s two main entry points — Santo Domingo and Punta Cana.

Behind the renewed manufacturing efforts is location, location, location that favors the Dominican Republic. The geographic location of the country supports speed-to-market. Manufacturers serving North American customers can reduce transit time and inventory pressure compared with longer Asia-based supply chains, while still operating within an established export platform.

Scale matters because medtech...