2005News

7000 new jobs in free zones

The president of the ADOZONA, the Association of Dominican Industrial Free Zones, Arturo Peguero, has reported that two companies are investing US$200 million in two separate textile factories, and that this will create as many as 7,000 new jobs. One of the companies is Canadian and the other is from the United States. The factories will produce textiles for the local free zone factories that produce clothing, but have to import the cloth. The new textile factories represent, according to Listin Diario, another step in the vertical integration of local clothing production.