Eddy Martinez, the director of the Center for Export and Investment (CEI-RD), announced that the government will back the organization of the V Grand Caribbean Business Forum to be held in the DR from 25-28 October. He announced that an estimated 400 businesspeople from across the world are expected to participate. As reported in the Listin Diario, Martinez said the government plans to relaunch the country in international markets as it seeks to attract new investment.
According to him, the level of new foreign investment has declined, which he attributed to macroeconomic, political and social factors that negatively impacted the country in 2003.
Martinez said they are working to reactivate US$800 million in proposed investments that were put on hold before the change of government. He said that while US and European investors have been the most significant, his office is receiving numerous requests for information on investing in the DR from Latin American investors.