2005News

Spanish investors make offers

Some 20 Spanish businessmen expressed their interest in investing in the Dominican Republic after acknowledging the return of confidence and good results of the Dominican economy, during a meeting with President Leonel Fernandez in Barcelona, Spain, yesterday. The meeting was hosted by Architect Ricardo Bofill, who is behind the proposal to build the controversial and much criticized construction of a private artificial island off the coast in Santo Domingo. A businessman of Turkish origin, Isak Andic, expressed his willingness to establish his textile emporium called “Mango” in the DR so it can serve as distribution center for its products to the rest of Latin America.

Hoy newspaper reports that also present were construction, tourism, real estate, energy and banking sector businessmen. The newspaper mentions Josep Oliu of Sabadell bank, Julio Lage of the banking sector; Jose Manuel Entrecanales Domecq of Acciona; Enrique Lacalle of Barcelona Meeting Point; Ramon Sanahuja Pons of Sacresa; Guillermo Vallet Gomez of Hoteles Catalonia; Jose Maria Cabrera of Masterpolis; Jaime Morato of Necso among others.

President Fernandez is due to return this afternoon to the DR. He had traveled to Spain on 12 October to attend the Iberoamerican Heads of Government and State Summit.