DR1 Daily News - Dominican Republic

US International Development Finance Corporation (DFC) chief executive officer Adam Boehler and President Luis Abinader signed a memorandum of understanding (MOU) between the US and the Dominican Republic to promote investment and bolster the local economy. The plan is to collaborate to mobilize investments in energy, tourism and other infrastructure projects that will strengthen key industries and create jobs. Also signing the MOU were Foreign Minister Roberto Alvarez and US Ambassador Robin Bernstein.

The US Embassy explains that the MOU advances the America Crece program, the US government initiative to promote growth throughout Latin America and the Caribbean by mobilizing energy and infrastructure investments.

“This agreement underscores the strong US commitment to the Dominican Republic and the essential role of investment in advancing our shared...