Dominican Republic Seeks Partnership with LATAM Capital Group for Tourism Development
Amidst the Dominican Republic’s flourishing tourism industry, authorities are seeking new avenues to enrich the country’s offerings for global travelers. In a recent meeting, Vice Minister of Economic Affairs and International Cooperation, Hugo Rivera, engaged with representatives from LATAM Capital Group, renowned for their involvement in projects in Punta Cana.
During the meeting, Rivera emphasized the government’s pursuit of a new sustainable tourism model in Pedernales, aiming to attract significant investors like LATAM Capital. Collaborating with esteemed firms such as LATAM Capital Group intends to infuse the project with a hallmark of excellence and security, leveraging their experience and reputation.
Mario Alegría, CEO of LATAM Group, expressed shared interests and stated, “We are closely working with Vice Minister Rivera, exploring the possibility of participating in the Dominican government’s construction initiatives in the new development area of Pedernales. Our goal is to establish a fruitful public-private partnership that benefits all parties involved.”
Alegría enthusiastically highlighted the allure of Pedernales, particularly its stunning Caribbean beaches, which he acclaimed as some of the finest globally. Recognizing the immense commercial potential for foreign investors in the Dominican Republic, LATAM Capital Group expressed their satisfaction with the government’s invitation to engage in the nascent development of this area.
As discussions progress, the Dominican Republic eagerly anticipates fostering successful partnerships that will contribute to the growth of sustainable tourism, ensuring remarkable visitor experiences and driving economic prosperity for the nation.