Tuesday 17 March 2015

WHY TO INVEST IN DOMINICAN REPUBLIC

Thanks to the largest economy in Central America and the Caribbean, the Dominican Republic is known for its positive attitude towards foreign investments. According to the World Bank, the Dominican Republic was ranked as the largest Foreign Direct Investment (FDI) recipient in the Caribbean in 2012. In 2012, FDI flows into the Dominican Republic grew 59% on the back of the acquisition by Anheuser-Busch InBev of Cervecería Nacional Dominicana, the country’s largest brewer, for more than US$1.23 billion. Even without this acquisition, however, FDI in the Dominican Republic would have been up on 2011, driven by increased investments in electricity, manufacturing and mining. Investment was also up in manufacturing in export processing zones, tourism and real estate.

The Dominican Republic is easily reachable from most countries in the Caribbean and is served by eight international airports. Expressways and roads make it easy to travel to all three coasts of the country, the south, east and north.

Other plus for doing business in the country is its abundant work force, including both non-skilled and highly skilled staff. There is a young and talented population, including a large number of bilingual workers.

Outside economic reasons, the climate, natural and cultural attractions of the Dominican Republic make it a perfect place to live and raise a family. A leading world tourism destination, the country has more than 65,000 hotel rooms and 26 golf courses at beach, city and mountain destinations. There is also a plenty of attractions like excellent shopping with goods from all around the world, sophisticated restaurants and nightlife.


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