NewsWhore
05-09-2008, 07:20 PM
The Association of Industries of the DR (AIRD), the Agribusiness Board (JAD) and the Dominican Association of Free Zones (ADOZONA) have decided to act on a common agenda to foster local manufacturing and promote exports and contribute to the maintaining of macroeconomic stability. Only by strengthening local production can we confront the international pressures and improve local competitiveness, say Manuel Diez, president of AIRD; Jose Ramon Peralta, president of JAD; and Fernando Capellan, president of ADOZONA upon announcing their decision to work towards the common goals. According to the business leaders, free zone exports declined 11.3% in 2007, while farming and local manufacture grew only 2.8 and 1.9% respectively last year. In a written statement, the businessmen point out that these sectors account for 25% of the total labor force. "To foster exports is the best way to consolidate jobs and social welfare," they explained.
They stress the need for government policies that foster competitiveness. "To back manufacturing is more efficient than to back consumption," they point out. They criticize that financing for production is scarce, contrary to the widespread availability of consumer loans.
More... (http://www.dr1.com/index.html#6)
They stress the need for government policies that foster competitiveness. "To back manufacturing is more efficient than to back consumption," they point out. They criticize that financing for production is scarce, contrary to the widespread availability of consumer loans.
More... (http://www.dr1.com/index.html#6)