The executive director of the Center for Export and Investment of the Dominican Republic (CEI-RD), Marius de León, reports that the Dominican government is meeting with Chinese investors for the integral development of the border with Haiti. De León says the initiative goes beyond the installation of free zones in that area. “This will be a differentiated concept, more integral,” he said.
He said in addition to investing in a manufacturing free zone, the Chinese could also develop logistics, tourism and cigar making ventures. He said meetings to this end are ongoing.
De Leon said that exports to China grew by 300% in 2019, and now are at US$300 million.
De León said that overall foreign direct investment in 2020 could reach US$3.2 billion. He said the main investors come from the United States. He said Spanish investors are reinvesting 47% of what they make in the country. He said this is the most convincing demonstration of the confidence investors have in the economic stability of the country.
He said Mexican investors are also increasingly showing interest in investing in the Dominican Republic.
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Hoy
27 January 2020