Santo Domingo.- George Logothetis, CEO of Libra Group, a multinational investment firm, recently concluded a 48-hour visit to the Dominican Republic. Invited by President Luis Abinader, Logothetis expressed his admiration for the country and recognized its potential for foreign investment, particularly in industries such as aerospace, hotels and renewable energy.
During its visit, Logothetis explored various social and economic sectors, with the aim of identifying opportunities where Libra Group could contribute to the rapid socioeconomic growth of the Dominican Republic.
He was particularly intrigued by the stability and potential of the country, which he found ideal for developing projects such as Aria Hotels. The Libra Group’s luxury hotel chain, Aria Hotels, has a significant presence in the United States and Greece, with more than 70 establishments.
Logothetis announced plans to send a Greek delegation to the Dominican Republic to scout locations for potential hotel projects. He highlighted that Aria Hotels could be a gateway to introducing aerospace projects in the country.
In conversations with President Abinader, Logothetis explored bringing these air taxis to the Dominican Republic. In addition, he revealed ongoing evaluations to initiate renewable energy projects through Greenwood Energy, one of the Libra Group companies with a presence in Latin America.
Logothetis also mentioned that Greenwood Energy has had a team in the Dominican Republic for the past six months, investigating potential business areas for the implementation of solar parks and the development of the hotel industry.
With the diverse potential of the Dominican Republic, Logothetis sees significant opportunities to expand Libra Group’s portfolio, especially in renewable energy and hospitality.