Simon Suarez has announced that the 30th Trade Exhibition will take place from 14-16 September 2016 at the Barcelo Bavaro Convention Center in Punta Cana.
During a press conference to make the announcement, Suarez stressed the way in which the tourism sector is booming and the contributions it has made to the local economy. He highlighted that local banks have RD$70 billion in their lending portfolio for hotels and tourism projects. In 2015, the hotel sector purchased RD$22.4 billion in food and agro-industrial products made in the Dominican Republic.
He added that the tourism sector was the most dynamic for the construction industry. He said that at the end of 2015 more than 7,000 hotel rooms were under construction and another 13,000 were being renovated.