Former Vice President Jacinto Peynado, Toyota concessionaire in the DR, who accompanied President Fernández to Japan, praised the President trip. Nevertheless, he highlighted that to attract Japanese investment to the DR the government has to resolve the electricity problem. "If we have an unstable power supply, if we have a high production cost of electricity, and if there are not incentives to the investor, they are not going to install a factory that costs millions of dollars to please anyone in particular," Peynado told El Siglo newspaper. Nevertheless, he said there are very good perspectives for Japanese investment in the DR. "I believe that the step taken by Mr. President is a positive one, because it has opened a door," he said. "The Japanese have been selling their products to the DR since the 50s without them buying anything in exchange."<\/p>\n","protected":false},"excerpt":{"rendered":"
Former Vice President Jacinto Peynado, Toyota concessionaire in the DR, who accompanied President Fernández to Japan, praised the President trip. Nevertheless, he highlighted that to attract Japanese investment to the DR the government has to resolve the electricity problem. "If we have an unstable power supply, if we have a high production cost of electricity, … <\/p>\n