NewsWhore
07-21-2008, 03:10 PM
The head of the Dominican Association of Free Zones (Adozona), Fernando Capellan, has asked the government to continue its compensation program that gives the free zones incentives for hiring new workers. Capellan called for the government to continue the program until December, as originally called for. He said that it was possible to recover 30 or 40,000 of the 50,000 jobs that were lost, providing conditions remain unchanged. Capellan warned that an elimination of the RD$2,000 peso incentive for each new employee could have a catastrophic effect, resulting in loss of 50 or 60,000 jobs. Pedro Manuel Garcia, an executive from the Esperanza Free Zone, told reporters from El Caribe that the number of employees in Esperanza had fallen from 2,450 to 612, but under the compensation package provided by the government, employment had risen to 940.
Capellan also advocates for a revision of the Labor Code, and that companies be free to chose who can transport their cargo.
The spokesman for the free zones also has advocated the government put in place a export strategy, and a competitive exchange rate.
More... (http://www.dr1.com/index.html#9)
Capellan also advocates for a revision of the Labor Code, and that companies be free to chose who can transport their cargo.
The spokesman for the free zones also has advocated the government put in place a export strategy, and a competitive exchange rate.
More... (http://www.dr1.com/index.html#9)