The Center for Export and Investment (CEI-RD) says that the investment proposals worth more than US$300 million submitted at the single window or one-stop shop operation (VUI-RD). Jean Alain Rodriguez of the CEI-RD made the announcement yesterday, Tuesday 11 March after signing an agreement with the director of ProIndustria, Alexandra Izquierdo to encourage national and foreign investment. The agreement will lead to the creation of a platform to attract local and foreign investors. The agreement seeks to promote the VUI-RD facility.
The VUI-RD is aimed at reducing bureaucratic hurdles. It will take the Dominican Republic’s complex, numerous and time-consuming government administrative procedures and simplify them for investors.
Rodriguez said that foreign investment totaled more than US$2 billion last year. He said that exports were up 5%, or around US$500 million, from US$9.05 billion to US$9.57 billion. He said the country ships 3,700 product lines to 170 countries. This includes a 2.5% increase in industrial free zones.
Proyectos depositados en Ventanilla Única CEI-RD sobrepasan US$300 MM