The Dominican Republic is making a strong push to become a leading destination for the global semiconductor and printed circuit board industry, Industry, Commerce, and SMEs Minister Víctor (Ito) Bisonó told participants in the World Strategic Forum on 11 December 2024 at the Florida International University in Coral Gables, Miami.
Speaking at the World Strategic Forum, Bisonó highlighted the country’s strategic location, robust infrastructure, and skilled workforce as key advantages for foreign investors. “We are the ideal bridge between the Americas and the rest of the world, leveraging our competitive advantages and world-class connectivity,” he said.
To bolster this ambition, President Luis Abinader recently signed Decree 324-24, declaring the promotion, innovation, and development of the semiconductor industry a national priority.
During the event, Bisonó underscored the Dominican Republic’s political and economic stability, advanced logistics infrastructure, and investment incentives as further attractions for businesses looking to set up shop in the Caribbean nation.
Taking advantage of Miami’s strategic position within the Americas, the WSF 2024 was an opportunity for global leaders to immerse themselves in compelling conversations surrounding how we can thrive amidst today’s global landscape. Dialogues explored the nuanced dynamics of the digital transformation and AI, and the need to bolster critical supply chains, navigating the complex interplay of geopolitical shifts and environmental challenges which are placing a strain on established routes.
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El Dia
Ministry of Industry & Commerce
18 December 2024