1998News

San Pedro de Macorís free zone park to be expanded

The Consejo Estatal del Azúcar, the state sugar council, will donate 200 tareas (approx. 130,000 meters) to the Corporación de Fomento Industrial, that rules over government free zone industrial parks, for the expansion of the San Pedro de Macorís Industrial Free Zone Park. José Tomás Pérez signed for the CFI and Oscar Santiago Batista for the CEA. The new area will allow for the construction of 20 additional plants where some 6,000 Dominicans will be employed. The San Pedro de Macorís park is one of the largest in the country, with 114 industrial plants and 25,000 workers. Speaking for the CFI, its director José Tomás Pérez said that the expansion will start once the CFI completes the construction of the industrial parks going up in Monte Cristi, Salcedo, San Juan de la Maguana and El Seibo and the expansion of several other industrial free zones that are already in operation. The government is investing RD$534 million pesos in the expansion program.