The president of the Dominican Republic Association of Industries (AIRD), Julio Virgilio Brache told reporters that the sector provides over 480,000 direct jobs, and is behind another 1.4 million indirect jobs, impacting a very large percentage of the Dominican population.
Brache noted that nearly 70% of the jobs in industry contribute to the Social Security Treasury, compared to just 39% in the overall private sector. He noted that jobs in the industrial sector generally pay about 20% above the average salaries in the private sector.
During the annual awards ceremony presided over by Vice President Raquel Peña, business people Cesar Iglesias and Rafael Menicucci, and the Minister of Industry, Commerce and Mypimes (Micro, Small and Medium Businesses) Victor (Ito) Bisonó were recognized.
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