{"id":243999,"date":"2025-11-13T09:33:30","date_gmt":"2025-11-13T13:33:30","guid":{"rendered":"https:\/\/dr1.com\/news\/?p=243999"},"modified":"2025-11-13T16:43:50","modified_gmt":"2025-11-13T20:43:50","slug":"president-abinader-inaugurates-the-punta-cana-free-trade-zone-pcftz","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2025\/11\/13\/president-abinader-inaugurates-the-punta-cana-free-trade-zone-pcftz\/","title":{"rendered":"President Abinader inaugurates the Punta Cana Free Trade Zone (PCFTZ)"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img src=\"https:\/\/dr1.com\/news\/wp-content\/uploads\/2025\/11\/Luis-Abinader-Centro-Logistico-Aeronautico-e-Industrial-Presidencia-1024x527.png\" alt=\"\" class=\"wp-image-244017\" width=\"600\" srcset=\"https:\/\/dr1.com\/news\/wp-content\/uploads\/2025\/11\/Luis-Abinader-Centro-Logistico-Aeronautico-e-Industrial-Presidencia-1024x527.png 1024w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2025\/11\/Luis-Abinader-Centro-Logistico-Aeronautico-e-Industrial-Presidencia-300x154.png 300w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2025\/11\/Luis-Abinader-Centro-Logistico-Aeronautico-e-Industrial-Presidencia-768x396.png 768w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2025\/11\/Luis-Abinader-Centro-Logistico-Aeronautico-e-Industrial-Presidencia-1536x791.png 1536w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2025\/11\/Luis-Abinader-Centro-Logistico-Aeronautico-e-Industrial-Presidencia-2048x1055.png 2048w\" sizes=\"(max-width: 706px) 89vw, (max-width: 767px) 82vw, 740px\" \/><\/figure><\/div>\n\n\n\n<p>President Luis Abinader reaffirmed on Wednesday, 12 November 2025, when speaking in Punta Cana the Dominican Republic\u2019s growing leadership in the Caribbean, positioning itself as a key logistics, aviation, and industrial center with the inauguration of the Punta Cana Free Trade Zone (PCFTZ).<\/p>\n\n\n\n<p>Owned by Grupo Puntacana, the Punta Cana Free Trade Zone is designed as a center for advanced manufacturing, aeronautical services, and international distribution. According to Frank El\u00edas Rainieri, president and CEO of Grupo Puntacana, the project diversifies the country\u2019s production base and strengthens its integration into global value chains.<\/p>\n\n\n\n<p>The facility includes specialized areas such as an Air Cargo Hub, a Jet Fuel Terminal, an Aircraft Maintenance, Repair and Overhaul (MRO) area, an Industrial Zone, and an Administrative Building.<\/p>\n\n\n\n<p>The new complex is the first integrated air, sea, and land logistics hub in the region. It is expected to generate more than 9,000 direct and indirect jobs while boosting the country\u2019s competitiveness and global visibility. It is located adjacent to the Punta Cana International Airport, the best-connected airport in Central America and the Caribbean.<\/p>\n\n\n\n<p>President Abinader emphasized that with this new facilitym alongside ongoing port investments such as the Manzanillo project in the Northwest, where another logistics area is under development, and the advances of Santo Domingo-based ports, the Dominican Republic is now the most important logistics hub in the Caribbean.<\/p>\n\n\n\n<p>\u201cThis means more opportunities and sustainable development for all Dominicans,\u201d the President stated, underscoring the success of free trade zones across the country that continue to attract a growing number of international companies.<\/p>\n\n\n\n<p>A new model for development<br>Minister of Industry, Commerce and MSMEs V\u00edctor \u201cIto\u201d Bison\u00f3 described the Punta Cana Free Trade Zone as a new model of productive and competitive development made possible by government-led initiatives, laws, and regulations.<\/p>\n\n\n\n<p>\u201cEvery square meter of this project represents the future\u2014a nation that leverages its privileged geographic location, political and social stability, and, above all, the talent of its people to become a benchmark in the region and beyond,\u201d Bison\u00f3 said.<\/p>\n\n\n\n<p>He also pointed to the Dominican Republic\u2019s reliable and attractive economic environment for investors, citing a recent report from the Adam Smith Center for Economic Freedom at Florida International University, which ranked the country as the most stable and investment-friendly in the region.<\/p>\n\n\n\n<p>Also speaking at the inauguration, Eduardo Sanz Lovat\u00f3n, director general of the Customs Agency, highlighted that the new development further consolidates the Dominican Republic\u2019s position as a powerful logistics center. \u201cWith this new facility, the country reaffirms its regional leadership\u2014cargo doesn\u2019t just pass through here; it is transformed, creates value, and is re-exported to the world by air, sea, and land,\u201d Sanz Lovat\u00f3n said.<\/p>\n\n\n\n<p>Read more:<br><a href=\"https:\/\/presidencia.gob.do\/noticias\/presidente-abinader-dice-rd-es-el-principal-hub-logistico-de-la-region-con-el-punta-cana\">Presidency <\/a><br><a href=\"https:\/\/listindiario.com\/la-republica\/provincias\/20251113\/abinader-encabeza-inauguracion-zona-franca-grupo-puntacana_882113.html\">Listin Diario <\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/dr1.com\/news\/2025\/11\/12\/dr-stars-in-university-of-florida-country-risk-report\/\">DR1 News<\/a><\/p>\n\n\n\n<p>13 November 2025<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Luis Abinader reaffirmed on Wednesday, 12 November 2025, when speaking in Punta Cana the Dominican Republic\u2019s growing leadership in the Caribbean, positioning itself as a key logistics, aviation, and industrial center with the inauguration of the Punta Cana Free Trade Zone (PCFTZ). Owned by Grupo Puntacana, the Punta Cana Free Trade Zone is designed &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2025\/11\/13\/president-abinader-inaugurates-the-punta-cana-free-trade-zone-pcftz\/\" 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":[337,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/243999"}],"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=243999"}],"version-history":[{"count":4,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/243999\/revisions"}],"predecessor-version":[{"id":244018,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/243999\/revisions\/244018"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=243999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=243999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=243999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}