SANTO DOMINGO.- Tourism, commerce, industry, mining and real estate were the five sectors that mobilized the greatest flow of foreign direct investment in the period January-June of this year, according to data offered yesterday by the Export and Investment Center of the Dominican Republic (ProDominicana).
The entity reported that Foreign Direct Investment (FDI) reached US$1,870.9 million in the first half of the year, representing an expansion of 8.0% compared to the same period in 2021, and 20% compared to the first half of 2019, pre-pandemic.
Biviana Riveiro, executive director of ProDominicana, stated that the growth experienced in foreign direct investment in the Dominican Republic is an indicator of investor confidence in the country's economy.
"And to a large extent we can attribute this expansion to the climate of social, economic and political stability that we have maintained, combined with actions to open up and facilitate investment.".
He highlighted that thanks to the efforts and strategies to promote the country being carried out by the institution he heads, the expectations for attracting FDI represent an amount equivalent to US$3.5 billion by the end of the year.
Riveiro said that they are constantly working to attract more and better investments and that the growth experienced in investment is consistent with the revitalization of the portfolio of services offered by ProDominicana.
During the period from January to June 2022, the institution provided 179 assistance services to investors and potential investors for the establishment, development, and expansion of investment projects. Additionally, in the first half of the year, 13 new investment projects were established, existing investments in the country were expanded, and the institution participated in five international foreign direct investment (FDI) attraction events.
The countries from which the largest amount of investment came were the United States, Canada, and Mexico, respectively.
