Santo Domingo.-The Tourism Development Council (Confotur) is key in inviting substantial foreign investments to the Dominican Republic. It’s especially crucial in encouraging the growth of luxury tourism and commercial as well as residential projects, according to Robert De La Cruz, executive director of ApartamentosRD. He added that Confotur's incentives have boosted grand projects and lured international clients who find the country appealing for investments.
De La Cruz pointed out the Dominican Republic’s status as the top foreign investment beneficiary in the Caribbean. It’s also the seventh most significant economy in Latin America, buoyed by steady economic growth. He is confident in President Luis Abinader’s initiatives to promote foreign investments, vital for the nation’s growth.