October 21, 2021
Santo Domingo.- During a meeting with 25 companies and representatives of public entities of Canada, Biviana Riveiro Disla, executive director of the Center for Exportation and Investment of the Dominican Republic (ProDominicana), promoted investment opportunities in the tourism sectors, App projects, free zones and the reactivation of bilateral economic relations between both countries, adding that with the promotion and reopening of flights that will drive investments and exports, as well as the arrival of tourists.
In the meeting with the Dominican ambassador to Canada, Michelle Cohen, the companies explored the advantages of investing in the Dominican Republic. Riveiro pointed out that there are some 30 Canadian capital companies generating more than 9,000 direct jobs: "Between our economic and institutional stability, as well as our strategic location, we are a commercial partner that offers great opportunities to companies with investment projects," he added.
On her side, Cohen expressed her satisfaction with the work and effort made by the Dominican government in the search for more and better investments for the country and urged to continue fostering approaches for the creation of new business opportunities between public and private entities of Canada and the Dominican Republic. She emphasized that "there is a firm will to consolidate a cultural and commercial relationship that benefits both nations."
It is important to note that the commercial exchange between Canada and the Dominican Republic, in the period 2016 to September 2021, ascend to US $ 4,123.6 million. Of these, 74 percent correspond to Dominican exports. In general, the sectors in which we have the greatest presence of Canadian capital are mining, free zones and real estate.
-Presidency of the Dominican Republic