Free zones sector forecast to get US$500 million in 2023

Dolores

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Feb 20, 2019
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The Free Zone sector projects an investment of more than US$500 million and the generation of some 32,500 direct jobs by year’s end of 2023, according to data offered by the Dominican Association of Free Zones (Adozona), the Ministry of Industry & Commerce (MICM) and the National Council of Free Export Zones. The announced US$500 million are scheduled to be invested in the sector creating an additional 32,500 jobs in 2023. The announcement was made during the celebration of the 25th Conference of Free Zones of IberoAmerica, of the Association of Free Zones of the Americas (AFZA). This is the fourth time, the DR hosts the important regional event that this year took place at the Westin Punta Cana Resort & Club from 1-2 December 2022.

President Luis Abinader gave the welcoming remarks, highlighting the stellar performance of the free zone sector and its contributions to...

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CristoRey

Welcome To Wonderland
Apr 1, 2014
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I know several people who work in these free zones. With the exception of one, none of them are making more than 4,000 pesos a week. Would be nice to see a wage hike for these folks.
 
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