54 Years of Business Legacy: Puntacana Group Celebrates

Puntacana Group celebrates 54 years of business legacy with a view to new investment projects and betting on innovation, expansion, and diversification to generate a positive impact on the economic, social, and environmental development of the country.

The company proudly celebrates a pioneering vision that, over time, has been forged with hard work and thus paving a paradise that Punta Cana today represents, a destination that has become the main tourist center in the country and the largest of the insular Caribbean and Central America.

Their commitment to the community and the environment is latent in their business strategies, driving progress and transforming dreams into sustainable realities in the communities where they have a presence.

The brand is made up of more than 12 companies led by Frank Elías Rainieri, president and CEO; Paola Rainieri, Chief Marketing Officer (CMO); and Francesca Rainieri, Chief Financial Officer (CFO) of Grupo Puntacana.

Their objective is to continue being the hosts of the millions of visitors who arrive through the Punta Cana International Airport and who enjoy their dream escape in the tourist area and throughout the country; betting on the growth of the area, its comprehensive development, and the constant improvement of the living conditions of the communities where they operate, providing opportunities that allow access to housing, quality health, education, recreation, and culture.

Grupo Puntacana continues its great business legacy and values ​​impregnated in its DNA, always committed to the well-being of its people and the country.

Expansion and new projects

Puntacana Group has the construction of the Punta Cana Free Trade Zone (PCFTZ) Air, Maritime, Land Logistics Center and Free Trade Zone Park in process, with an approximate investment of USD$200.00 MM dollars, a project that will house cargo logistics operations and offices for the development of the Punta Cana HUB, intended for innovation and the development of Fintech companies.

The project, which is built on an area of ​​546,617.45 m² of land, will contribute to the sustained economic growth of the area, will create more than 10 thousand jobs, and will position Punta Cana and the Dominican Republic as a leader in trade and foreign investment and projecting the country as a logistics hub turning it into a bridge between Europe and America, and to the south and north of the American Continent.

With the recent expansion of Terminal B of the Punta Cana International Airport, with seven boarding gates, built with an investment of USD$80.00 million, on an area of ​​25 thousand m² of land, three million passengers can be mobilized, and more than 60 flights were received in its first days of opening.

The company continues to create wellness opportunities for the residents of the area and promote innovative solutions to preserve the region’s ecosystem.

About Puntacana Group

Grupo Puntacana is a pioneer company in tourism and financial development that, 54 years ago, had the vision of developing a destination and a real estate community in a remote, isolated, and paradisiacal corner of the Dominican Republic.

In 1969, a group of North American businessmen led by Theodore W. Kheel and the Dominican businessman Frank Rainieri arrived at a place called Yauya or Punta Borrachón, who with a vision of the future made the dream of developing a tourist community a reality, respecting nature, and promoting with social responsibility, which today offers its visitors a unique tourist experience.

Through their sustainability initiatives and Corporate Social Responsibility programs, which have become a national and international benchmark, they promote a business model that contributes to generating jobs while promoting local culture and promoting care of the environment.

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