SANTO DOMINGO.- The time required for the approval of licenses issued by the Ministry of Housing, Habitat and Buildings (Mivhed) increased during the July-September period, when compared to the second quarter of the year, according to the latest report published by that state agency.
The “Bulletin of Statistics on Application and Issuance of Construction Licenses for Housing and Buildings” reports that during the third quarter of 2024, the average time to approve issued construction licenses in the Dominican Republic was 136 days, compared to 113 days in the April-June period.
“In the period of July – September 2024, the average time to approve issued construction licenses in the Dominican Republic was 136 days,” highlights the report from the Ministry of Housing, Urban Development and Housing (MIVHED), which compiles indicators on construction licenses in the country, noting that in the aforementioned quarter of 2024, 387 permits were granted for the construction of residential, commercial and other projects.
Regarding the construction index, which measures the ratio of land used for construction to the total square meters of land, the figures show that the average was 26.36% nationwide. “This demonstrates that there is a significant amount of unused or underutilized space relative to the total available area,” the Mivhed publication emphasizes.
Figures by type
The report points out that, currently, 18 types of licenses can be issued, with the typology with the most applications issued being for housing projects with 69.25%, followed by 12.40% for commercial and office projects and in third place with 4.65%.
The publication also includes licenses for combined facilities, special structures, accommodations, fuel stations, health centers, recreation and sports centers, airports, warehouses, depots, social works, parking lots, urbanization and land division.
Investment by province
Total investment in buildings reached RD$80,754,882,780.00, according to figures from the Ministry of Housing, Urban Development and Housing (MIVHED). Santo Domingo leads with RD$26,560,614,080.00, followed by La Altagracia province with RD$17,143,530,404.00; the National District with RD$16,191,352,892.00; Santiago with RD$12,516,688,756.00; La Vega with RD$3,027,682,944.00; and La Romana with RD$1,047,540,208.00.
Next is Samaná with $838,236,256.00, San Pedro de Macorís $699,601,760.00, Duarte $594,856,548.00, Azua $577,913,908.00, Sánchez Ramírez $318,604,000.00, Monseñor Nouel $297,271,260.00, San Cristóbal $275,764,632.00, San Juan $226,259,176.00, Espaillat $178,042,436.00, Peravia $68,433,508.00.
Similarly, María Trinidad Sánchez had a construction investment of $50,710,660.00, San José de Ocoa $29,972,800.00, Barahona $25,868,700.00, Puerto Plata $24,888,864.00, Valverde $21,514,064.00, Hermanas Mirabal $21,364,200.00 and Santiago Rodríguez $18,170,724.00.
