2014News

Medina opens mega shoe factory in Santiago

President Danilo Medina was in Santiago for the Wednesday, 2 April inaugural of the US$35 million Hong Fu Group from Taiwan and VFCorporation USA shoe manufacturing facility. The plant is located in the Sun Jade International complex and is part of the Tamboril Free Zone of Santiago. The Minister of Industry and Commerce, Jose del Castillo, said the plant employs 11,500 workers and currently there are job openings for 1,600 shoe operators. The footwear sector has received a boost with Decree 58-14 of the Medina administration that created the National Commission for Footwear to facilitate, design and implement strategies and policies for the continued development of the sector. The new company will inject around RD$100 million to the economy of Santiago in the wages paid to the operators. It has capacity to manufacture 20 million shoes a year.

http://presidencia.gob.do/comunicados/nueva-empresa-de-calzados-aportara-11500-empleos-en-tamboril

http://www.vfc.cm