Punta Cana, La Altagracia. – (November 1, 2023) Puntacana Group is celebrating its 54-year business legacy, with a focus on new investment projects and a commitment to innovation, expansion, and diversification. Their goal is to have a positive impact on the economic, social, and environmental development of the country. The company takes pride in its pioneering vision, which has been built through hard work and has shaped Punta Cana into the paradise it is today. Punta Cana has become the country’s main tourist center and the largest in the insular Caribbean and Central America. The company’s dedication to the community and the environment is evident in its business strategies, which drive progress and transform dreams into sustainable realities in the communities where they operate. The Puntacana brand consists of over 12 companies, led by President and CEO, Frank Elías Rainieri; Chief Marketing Officer (CMO), Paola Rainieri; and Chief Financial Officer (CFO), Francesca Rainieri. Their objective is to continue hosting the millions of visitors who arrive through the Punta Cana International Airport and help them enjoy their dream escape in the tourist area and the entire country. They are committed to the growth of the area, its comprehensive development, and the improvement of living conditions in the communities where they operate. This includes providing opportunities for housing, quality healthcare, education, recreation, and culture. Grupo Puntacana remains dedicated to its great business legacy and its values, always prioritizing the well-being of its people and the country.
Expansion and new projects:
Puntacana Group is currently undertaking the construction of the Punta Cana Free Trade Zone (PCFTZ) Air, Maritime, Land Logistics Center, and Free Trade Zone Park. This project, with an estimated investment of USD$200.00 MM dollars, will house cargo logistics operations and offices for the development of the Punta Cana HUB, focused on innovation and the growth of Fintech companies. Built on an area of 546,617.45 m², this project will contribute to the economic growth of the area, create over 10 thousand jobs, and establish Punta Cana and the Dominican Republic as leaders in trade and foreign investment. It aims to position the country as a logistics hub, bridging the gap between Europe and America, as well as the southern and northern parts of the American Continent. In addition, Terminal B of the Punta Cana International Airport has recently undergone expansion, with seven boarding gates and an investment of USD$80.00 million. This expansion allows for the mobilization of three million passengers and has already received over 60 flights in its first days of operation. The company continues to create opportunities for wellness in the area and promote innovative solutions to protect the region’s ecosystem.
About Puntacana Group:
Grupo Puntacana is a pioneering company in tourism and financial development. 54 years ago, they had the vision to develop a destination and a real estate community in the remote and idyllic corner of the Dominican Republic known as Yauya or Punta Borrachón. With respect for nature and a commitment to social responsibility, a group of North American businessmen led by Theodore W. Kheel and Dominican businessman Frank Rainieri turned this dream into a reality. Today, they offer visitors a unique tourist experience. Through their sustainability initiatives and Corporate Social Responsibility programs, they have become a national and international role model. Their business model contributes to job creation, promotes local culture, and emphasizes environmental conservation. Visit their website at: https://www.grupopuntacana.com.do/es/