Forbes: DR is Least Reliable Country
This is not good.
The Most And Least Reliable Countries To Do Business In
This is not good.
The Most And Least Reliable Countries To Do Business In
- Thread starter cobraboy
- Start date
Forbes Magazine Ranks the DR at the Bottom for Reliable Countries.
I would say infrastructure is improving except the electrcity and while building codes exist but aren't enforced, building rarely fail in either earthquake or hurricane. Corruption is really the main problem.
infrastructure is crumbling
I do not agree with this one. in the last 20 years there ve been a lot of development in infractutures:
Duarte bridge, Tunnels, Metro, Duarte autopista was widened from two to four lanes. Highways to the east
are brand new. We went from 2 major airports to 4.
in the other hand corruption is rampant and education is stuck in neutral.
I do not agree with this one. in the last 20 years there ve been a lot of development in infractutures:
Duarte bridge, Tunnels, Metro, Duarte autopista was widened from two to four lanes. Highways to the east
are brand new. We went from 2 major airports to 4.
in the other hand corruption is rampant and education is stuck in neutral.
I agree with Bob, infrastructure (particularly here in PC) has been improving these last couple of years. So far so good re: buildings as we haven't had any real bad storms recently (fingers crossed) and no major earthquakes (again fingers crossed). I would say that poor Haiti gets the brunt of these things!
IMO, the single act the gubmint can perform that would change the future of the DR far more than ANY other is the creation and implementation of a working civil service system with *zero* cronyism involved.
That changes everything the gubmint touches.
That changes everything the gubmint touches.
Don't dismiss the worthless electric sector as not significant!!!!!!
IT is HUGE!!!!!!!
EXPENSIVE, and unreliable to boot.
Important to investors.
The "Water" supply system is also a joke.
An "UNFUNNY Joke"!
Also important to investors.
AND, the DR's penchant to "Change The Rules" after the investment has been made, and the "Game" already started.
ASK "Barrike Gold", and "Falconbridge" about THAT!!!!!
CCCCCCCCCCCCCCCCCCCCCCCCCCC
IT is HUGE!!!!!!!
EXPENSIVE, and unreliable to boot.
Important to investors.
The "Water" supply system is also a joke.
An "UNFUNNY Joke"!
Also important to investors.
AND, the DR's penchant to "Change The Rules" after the investment has been made, and the "Game" already started.
ASK "Barrike Gold", and "Falconbridge" about THAT!!!!!
CCCCCCCCCCCCCCCCCCCCCCCCCCC
The DR is adequate as a place to visit, inadequate as a place to invest for most people, There are places where one can live comfortably, and others where the electricity, phone service are inadequate. I donlt think the water can be considered safe to drink all the time in any part of the country,
Barrick and Falconbridge are no worse to invest in than other mining companies in most of the world, I would not invest in them, but that is because other sectors are more predictably profitable.
Barrick and Falconbridge are no worse to invest in than other mining companies in most of the world, I would not invest in them, but that is because other sectors are more predictably profitable.
the infrastructure holds but it is poorly maintained. and DR has not been hit with a very strong earthquake yet, there is no way of saying what would happen if we had a tremor over 7 in richter scale. i agree that electricity is a big issue and so are labour laws. but again i question why DR ranks lower than sierra leone, syria, afghanistan and so on.
oh, they are being exported rather quickly by gringos who cannot seem to find any kind of companionship where they come from.
I question why they even ranked. Who in their right mind try to do business in Syria ?
Die hard Entrepreneurs and people who wanna make real money!
I know people who invested in projects in Colombia during the days of Escobar... They are real rich now as prices has been rising since than!
the report was produced by informed people with worldwide experience i have not heard anyone dipute their methodology or sources. but mostly " thats not true"; my baby is NOT ugly.
i have also not heard much suggested of how the rank can be improved.
so, given the report what do you suggest to address the deficits identified by the report?
i have also not heard much suggested of how the rank can be improved.
so, given the report what do you suggest to address the deficits identified by the report?
countries for which there was insufficient data were not ranked aeg. Haiti) per the FM report.