FDI up for ‘09
Yesterday, government officials announced that the DR expects to receive foreign direct investment totaling approximately US$2.4 billion in 2009, only US$100 million less than in 2008. During a press conference at the Presidential Palace, Luisa Fernandez, representing the National Council of Free Zones (CNZF), Andres Vanderhorst from the National Competitiveness Council (CNC), Eddy Martinez from the Center for Exports and Investments (CEI-RD) and presidential press director Rafael Nunez said the money would be invested in tourism, energy, farming (greenhouses) and mining projects. They forecast continued growth in the tourism sector and new projects for free zone industries.
br
Eddy Martinez of CEI-RD announced projects for US$1.4 billion in the tourism sector alone, including US$879 million in Punta Cana area developments. The developments focus on the provinces of San Pedro de Macoris, La Romana, La Altagracia (Punta Cana), Puerto Plata, Samana and Barahona. He forecast that the balance of payments would [...]
Original post by WP-AutoBlog Import