According to the report, the Caribbean experienced a 21% growth in FDI flows during 2024, driven largely by the stability of inflows into the country.
SANTO DOMINGO. – Biviana Riveiro Disla, executive director of the Dominican Republic's Export and Investment Center (ProDominicana), highlighted that the Report confirms that the Dominican Republic maintained its regional leadership in attracting Foreign Direct Investment (FDI) for the third consecutive year, surpassing the countries of Central America and the Caribbean in 2024.
According to this United Nations body, the Caribbean experienced a 21% growth in FDI flows during 2024, driven largely by the stability of inflows to the Dominican Republic, which reached US$4.523 billion, remaining above US$4 billion annually since 2022. This performance takes on greater significance in a global context where FDI flows decreased by 11%, amid economic slowdown, financial volatility, and increased geopolitical tensions, reflecting the resilience of the Dominican economy.
Riveiro stated that “this achievement reflects the firm confidence of international investors in the Dominican Republic’s business climate, supported by a clear investment facilitation strategy, the strengthening of institutions, and the implementation of effective public policies under the leadership of President Luis Abinader, in an environment characterized by its macroeconomic stability.”
He noted that the report underscores that FDI flows to small island developing states (SIDS) increased by 11% in 2024, reaching US$9 billion, of which the Dominican Republic received nearly half, reaffirming its role as a leading destination in this category.
Among the highlighted sectors, the country was identified as the leading destination in the Caribbean and ranks among the top four within the Sustainable Development Goals (SDGs) for solar and biomass energy projects. This dynamic aligns with the global trend toward sustainable investment and the energy transition, which continues to gain prominence in international investment decisions, strengthening the Dominican Republic's position as a regional leader in attracting capital in sectors linked to the Sustainable Development Goals.
In this context, Riveiro highlighted that ProDominicana continues to promote tools for facilitating and digitizing services, such as the Single Investment Window (VUI), which streamlines and increases the transparency of procedures for investors. Currently, the VUI integrates 26 institutions, including various municipalities, with 41 available procedures and over 580 instances of assistance provided to investors, covering diverse strategic investment sectors.
He concluded that “ProDominicana’s strategies will remain aligned with the vision of the META RD 2036 Plan, which aims to double the gross domestic product, consolidating foreign direct investment as a cross-cutting axis to achieve this goal and continue attracting innovative and sustainable capital that drives the country’s economic development.”
He stated that “this achievement reflects the firm confidence of international investors in the Dominican Republic’s business climate, supported by a clear investment facilitation strategy, the strengthening of institutions, and the implementation of effective public policies under the leadership of President Luis Abinader, in an environment characterized by its macroeconomic stability.”
Furthermore, he highlighted that the report underlines that FDI flows to small island developing states (SIDS) increased by 11% in 2024, reaching US$9 billion, of which the Dominican Republic received nearly half, reaffirming its role as a leading destination in this category.
Among the highlighted sectors, the country was identified as the leading destination in the Caribbean and ranks among the top four within the Sustainable Development Goals (SDGs) for solar and biomass energy projects. This dynamic aligns with the global trend toward sustainable investment and the energy transition, which continues to gain prominence in international investment decisions, strengthening the Dominican Republic's position as a regional leader in attracting capital in sectors linked to the Sustainable Development Goals.
In this context, Riveiro highlighted that ProDominicana continues to promote tools for facilitating and digitizing services, such as the Single Investment Window (VUI), which streamlines and increases the transparency of procedures for investors. Currently, the VUI integrates 26 institutions, including various municipalities, with 41 available procedures and over 580 instances of assistance provided to investors, covering diverse strategic investment sectors.
Riveiro concluded that “ProDominicana’s strategies will continue to be aligned with the vision of the META RD 2036 Plan, which aims to double the gross domestic product, consolidating foreign direct investment as a cross-cutting axis to achieve this goal and continue attracting innovative and sustainable capital that drives the country’s economic development.”
