Foreign investment accumulated in the tourism and real estate sectors as of 2022 was US$13,144 million
By Yamalie Rosario
El Inmobiliario
SANTIAGO.- Investments in tourism construction in the Dominican Republic amount to 10,799 million dollars and the real estate sector leads the list of these projects.
The information was provided by the Vice Minister of Tourism, Jacqueline Mora, who gave a keynote address on the growth of real estate tourism in the country during the second CENI Expo Forum, which took place in Santiago.
In total, there are currently 187 investment projects approved by the Tourism Development Council (Confotur), the official explained.
The leading sector in these investments is el inmobiliario with $4.527 billion; followed by hotels at $4.444 billion, and infrastructure at $756 million. There are other unspecified investment projects totaling $1.072 billion.
Foreign investment
The Deputy Minister of Tourism stated that the accumulated foreign direct investment in the tourism and real estate sectors was 37 percent of the total foreign investment accumulated in 2022, equivalent to 13,144 million dollars.
Likewise, when analyzing these and other indicators, he stressed that it is necessary to continue investing in the tourism and construction sectors, which, along with other priority areas of the economy, he assures, will continue to develop and represent the future of the country.
“Construction has been one of the main protagonists of recent years; there is no tourism without infrastructure, and the Heart City has been a pioneer in real estate tourism,” he said.
Jacqueline Mora took advantage of the masterful event to highlight the work that has been carried out during the three years of the current government's administration, under the guidelines of the Minister of Tourism, David Collado.
During the second CENI Expo Forum, organized by El Inmobiliario and Ganar-Ganar, leaders and experts from the construction, real estate and tourism sectors participated, highlighting the great potential of these thriving sectors of the economy in the North.
At the event, called: “North Zone Beats Dominican Heart”, the third edition of El Inmobiliariowas launched, which already has 7,000 copies.
