DR1 Daily News - Dominican Republic

Minister of Industry, Commerce, and MSMEs (MICM) Eduardo (Yayo) Sanz Lovatón declared on Tuesday, 13 May 2026 in Panama City, that the Dominican Republic is entering a pivotal era for technology-driven free zones. Speaking at the Latin American Ministerial Round Table during the 12th World Free Zones Organization (World FZO) Congress (12 to 14 May 2026), Sanz Lovatón emphasized that the country is aggressively seeking high-quality foreign direct investment (FDI) focused on innovation, tech transfer, and specialized employment.

The Dominican delegation was led by President Luis Abinader who was accompanied by Minister Sanz Lovaton, ProDominicana director Biviana Riveiro and the Dominican ambassador to Panama, Roberto Salcedo.

A Strategic shift toward advanced manufacturingAddressing global trade shifts, Sanz Lovatón argued that the traditional model of free zones must be replaced by a...