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Foreign investment in Dominican Republic sets another record

Vista Cana, on the East coast, a sizeable foreign investment. Image fernova.es

SANTO DOMINGO. - The director of the Dominican Republic Export and Investment Center (CEI-RD) said Thursday that foreign investment in the country jumped to US$2.35 billion up to September or US$836.5 million more than the US$1.5 billion in the same period a year earlier.


Eddy Martinez said the figure sets a record in new foreign capital inflow.

The official said the investments are the result of the efforts and international relations president Leonel Fernandez has accomplished, which has motivated new investments to come to the country.

Last year’s total US$1.7 billion was also a record, attributed to the DR-Cafta trade deal that took effect in 2007.

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