FDIs contribute to the recovery of the Dominican Republic’s Economy

New Delhi - Recent studies published by the United Nations Economic Commission for Latin America and the Caribbean (UNECLAC) have ranked the Dominican Republic amongst the most attractive countries in the region for Foreign Direct Investment (FDI). The Dominican Republic government has expressed its satisfaction with the reports which indicate that the country will close the year with more than 3,000 millions dollars in FDI.

The data released by the Central Bank of the Dominican Republic for the first semester of 2021 also reflects this positive trend.  From January to June 2021 the country received 1,617 million dollars in FDI. This represents an increase of 49,4%, compared to the results for the same period in 2020.   

Investments have been directed to a wide range of sectors that include tourism, infrastructures, telecommunications, energy, agribusiness and entertainment, amongst others. United States, Spain, Netherlands, Germany, France, Canada, Turkey, Mexico, Puerto Rico, Venezuela, and El Salvador, have been the main source of capital inflow during this period. 

Sources:

Presidencia : Gobierno satisfecho por informe CEPAL que coloca a RD como primer destino para inversionistas

Listin Diario : Inversión extranjera directa en RD creció 49.4%, impulsada principalmente por Estados Unidos

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