The tourism, real estateyesTrade/free zones and energy were the sectors that moved the most foreign direct investment (FDI) in 2023, with a figure of US$4,381 million.
The executive director of Export and Investment Center of the Dominican Republic (ProDominicana), Biviana Riveiro Disla highlighted the growth of foreign direct investment (FDI) in the country during 2023, which reached the figure of 4,381 million dollars, for a year-on-year increase of around 9.2%.
Riveiro indicated that “for the second consecutive year, the country exceeds the figure of 4,000 million dollars, consolidating its leadership in attracting investment in Central America and the Caribbean.”
He said that according to data from the Central American Monetary Council, already in the first half of 2023 the growth trend was seen where it occupied first place in attracting investment, surpassing all Central American countries.
«This result reflects the fulfillment of a precise government program, a foreign policy clear and institutional promotional efforts that were proposed to enhance economic relations with different blocks and countries from which to attract new investments,” he noted.
Biviana Riveiro
Economic outlook
At the same time, a favorable recovery of the main macroeconomic variables is observed, which added to an international economic environment with higher levels of stability, it is estimated that 2024 will have economic growth in line with our potential of 5%, the recovery of our exports and that FDI flows continue.
Likewise, the official emphasized the importance of continuing to promote the attraction of foreign investments, through the simplification of procedures and the improvement of the business climate with initiatives within the Zero Bureaucracy Program within which the V is framedSingle Investment Entry which has already been a reality since 2022.
Note published in Diario Libre
