The Dominican Republic received US$677 million in direct foreign investment, according to reports in several papers. Danilo del Rosario, the director of the Dominican Investment Center, told the press that as of June the Central Bank had registered US$339.5 million in finalized investments, another US$181.9 million that was “in process,” and a further US$155.2 million as “pending.” While the CEI-RD director said the figures for 2003 will be below those of 2002, the country remains in fourth place for Latin America. Most of the investments were made in the areas of electricity, the financial sector, health, mining and telecommunications.