{"id":172626,"date":"2022-01-26T07:56:59","date_gmt":"2022-01-26T11:56:59","guid":{"rendered":"https:\/\/dr1.com\/wordpress\/?p=172626"},"modified":"2022-01-26T10:35:18","modified_gmt":"2022-01-26T14:35:18","slug":"record-exports-for-free-zone-manufacturers","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2022\/01\/26\/record-exports-for-free-zone-manufacturers\/","title":{"rendered":"Record exports for free zone manufacturers"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img loading=\"lazy\" width=\"600\" height=\"399\" src=\"https:\/\/dr1.com\/wordpress\/wp-content\/uploads\/2020\/05\/Zona-Franca-Santiago-Listin-Diario-e1589200438394.jpeg\" alt=\"\" class=\"wp-image-141474\"\/><\/figure><\/div>\n\n\n\n<p>2021 was a very good year for free zone industries in the Dominican Republic. The Ministry of Industry &amp; Commerce announced the free zone manufacturers exported US$7.14 billion in 2021, up 22.7% compared to 2020. Investments in the sector were more than US$13 billion in 100 new companies approved last year.<\/p>\n\n\n\n<p>&#8220;Undoubtedly, the free zone sector is living its best moment with historic numbers in jobs and exports. This translates into more and better growth opportunities for Dominicans and the country,&#8221; said Industry &amp; Commerce Minister Victor (Ito) Bison\u00f3.<\/p>\n\n\n\n<p>Among the productive subsectors that contributed most to the growth of these exports are tobacco manufacturing (cigars), up 38.6%; medical devices (6.6%); jewelry (74.9%) and apparel (40.8%), according to data from the National Council of Free Export Zones (CNZFE).<\/p>\n\n\n\n<p>In 2021, the free zone sector reached the highest peak of direct jobs generated in the last 15 years with 183,232, reflecting 8.9% more than in 2020, which closed with 168,200 jobs.<\/p>\n\n\n\n<p>MICM highlighted that some 2.3 million square feet of industrial buildings are currently under construction to install new companies and expand already existing ones.<\/p>\n\n\n\n<p>The year 2021 ended with 740 companies in operation, representing a growth of 6.9% over the 692 operating at the close of 2020.<\/p>\n\n\n\n<p>Read more in Spanish:<br><a href=\"https:\/\/presidencia.gob.do\/noticias\/exportaciones-de-zonas-francas-ascienden-us7143-millones-en-2021\">Presidency<\/a><br><\/p>\n\n\n\n<p>26 January 2022<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2021 was a very good year for free zone industries in the Dominican Republic. The Ministry of Industry &amp; Commerce announced the free zone manufacturers exported US$7.14 billion in 2021, up 22.7% compared to 2020. Investments in the sector were more than US$13 billion in 100 new companies approved last year. &#8220;Undoubtedly, the free zone &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2022\/01\/26\/record-exports-for-free-zone-manufacturers\/\" class=\"more-link\">Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[293,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/172626"}],"collection":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/comments?post=172626"}],"version-history":[{"count":3,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/172626\/revisions"}],"predecessor-version":[{"id":172653,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/172626\/revisions\/172653"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=172626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=172626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=172626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}