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NewsWhore
07-30-2008, 04:00 PM
President Leonel Fernandez opened the new Institute of Foreign Trade and Business Innovation of the Dominican Republic (I-CEi) yesterday, a training center for the development of foreign trade and investment last night. The facility was built at a cost of RD$180 million donated by the Japanese Agency for International Cooperation (JICA). Two Japanese firms, Yamashita Sekkei Inc. and Fujita Corporation, were responsible for the construction.
The Japanese ambassador to the Dominican Republic, Shinomiya Nobutaka, emphasized the ties between the two nations and cooperation among governments over the years.
The center, located on Luperon Avenue adjacent to the Center for Export and Investment, is designed to strengthen foreign trade by training Dominicans in export business practices.
The director general of the Center for Exports and Investments (CEI-RD), Eddy Martinez, said that the new institution is comparable to any regional higher learning center.
Speaking at the inaugural, Martinez said the Institute will contribute to the goal of doubling exports in the next four years. Exports are now at US$6.5 billion.
He explained the I-CEi will train executives from large Dominican corporations with exports of US$300 million or more to convert these to global companies and at the same time prepare executives of small and medium-sized business so their companies can export.

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