President Luis Abinader expects foreign direct investment (FDI) in 2022 to be 25% more than the FDI for 2021 that is closing at US$3 billion. Abinader made the statement when joining directors of the Dominican Agribusiness Board (JAD) for their annual award ceremony that was held at the Jaragua Renaissance Hotel & Casino. Abinader spoke of the “huge amount of initiatives underway in all sectors, both international and local. “I predict a great year from the economic point of view,” he stated.
“When we meeting in the tourism sector, in the free zone sector, in the industrial sector, in the agricultural sector, I can clearly observe all of these sectors are growing, employment is growing, that is why we are all together to achieve this growth of 11% projected for this year, despite the pandemic,” he added.
“Today we are building together a better Dominican Republic for all, convinced that only together we can move our country forward,” said the President.
During the JAD event, rice producer Oliverio Espaillat Bencosme was recognized as “Agribusinessman of the Year 2021.” The president of the Board of Directors of the JAD, Luis Bonilla explained Oliverio Espaillat is honored for his contributions to the agricultural sector in terms of innovation and technology.
Also attending were Agriculture Minister Limber Cruz; Fernando Fernández, administrator of the Agricultural Bank, former President Hipólito Mejía and former Vice President Milagros Ortiz Bosch.
Read more in Spanish:
Listin Diario
8 December 2021