Vice President highlights 14.3% expansion in manufacturing sector


Staff member
Feb 20, 2019

Vice President Raquel Peña reported on Tuesday, 7 September 2021 that according to Central Bank statistics the local manufacturing sector experienced a year-on-year expansion of 14.3% in the first half of the year, making it the third fastest growing activity in the entire Dominican economy. She assured that President Luis Abinader is committed to promote new opportunities in industry.

The Vice President highlighted manufacturing generated 24% of the total tax revenues in the first half of 2021, or RD$72.66 billion. More than 138,000 people have formal jobs in manufacturing. The Vice President says the state is giving priority to the sector. “We are convinced that we need to work together, the public sector and the private sector. We know that to have sustainable industrial development, we need a state that accompanies, regulates and generates conditions for...

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