The president of the Dominican Republic Association of Industries (AIRD) Ligia Bonetti has issued a warning about the decline in manufacturing due to a lack of proactive industrial policies. She said that there has been a drop in manufacturing from 21.8% to 12.3% of GDP, as reflected in the 2007 National Accounts analysis.
She said that time was running out to meet the indicators that were established in the National Development Strategy Law (END), when speaking during the monthly American Chamber of Commerce luncheon on Tuesday, 23 September 2014.
She called for the establishment of effective and sustainable industrial policies aimed at creating formal jobs, and increasing exports and social cohesion. “It is time to adjust the course and accelerate the changes,” she said.
http://www.listindiario.com/economia-and-negocios/2014/9/23/338838/Empresarios-demandan-politica-industrial-efectiva-y-sostenible