The government has approved the creation of the new industrial free zone in La Canela, Santiago. The new industrial area will assemble cars, motorcycles and electrical appliances, all destined for the export market. The report on the new free zone in the Listin Diario, however, does not detail the brands of vehicles that could be manufactured there.
The investment to the infrastructure of the industrial park is calculated to be RD$42 million, with yearly rental values estimated at US$4.2 million. The businesses within the new free zone, once fully operational, could provide employment to 1,490 people. Industry & Commerce Minister Sonia Guzman de Hernandez, and the head of the National Council of Free Zones, Jeanette Dominguez, were present at the endorsement ceremony, for which Jose Octavio Perez Zapata signed for the new free zone company.
