The Stevens Institute of Technology, based in Hoboken, New Jersey, Coralina Group Technologies and the Pontificia Universidad Catolica Madre y Maestra (PCUMM) of Santo Domingo today announced joint plans to establish a new institute featuring educational and research programs designed to help the Dominican Republic meet its objectives for industrial job creation.
The new entity, to be situated adjacent to the Cyber Park and the Institute of Technology for the Americas, and east of Santo Domingo near the Las Americas International Airport and Caucedo Port, will benefit from Stevens’ expertise in the US in developing curricula and research centers that nurture innovation in the development and application of technologies for business formation and growth. The new hi-tech institute will also benefit from the experience and infrastructure of PUCMM. The initiative is the result of past planning and collaboration with the Global Foundation for Democracy and Development.
President Leonel Fernandez issued a recent decree naming the president of Stevens Institute of Technology, Dr. Harold J. Raveche, as Presidential Advisor for Science, Technology and Innovation to the Dominican Republic.
Scheduled to open in mid-2005, this institute of advanced learning is being described as one of the first steps towards implementing a broader economic strategy to establish the Dominican Republic as a center for advanced engineering, business leadership and innovative technology in such areas as computer and telecommunications software, agri-products, pharmaceuticals and biotechnology.
“The new institution will provide customized engineering, science and technology management programs that are based on the same rigorous research and high academic standards found at Stevens in the US,” promised Dr Raveche. “We will provide an educational environment that creates the critical engineering, science and management talent required to enable the Dominican Republic to rapidly expand its high-technology sector. This new center will also be an educational and technology innovation resource for the rest of Latin America,” said Pablo Tapia, Founder/CEO of Coralina Group Technologies. Tapia explained that over the next three years they expect investments from private enterprise and educational foundations to exceed US$50 million. For more information, see http://www.stevens.edu