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View Full Version : [DR1] Cyber Park to provide huge export values



NewsWhore
06-09-2006, 03:10 PM
Eddy Martinez, who heads the Center for Foreign Investment (CEI-RD) as well as the Cybernetic Park in Boca Chica, says that within 10 to 12 years 50% of the value of Dominican exports will come from the cyber-park. The minister told reporters that this bonanza would come as a result of hi-tech developments and new business entrepreneurs. As reported in the Economic Section of Listin Diario, Martinez says that looking at all of the exports of the country and including the free zones, the industrial clusters, agriculture and manufacturers and their projected growth, it is feasible that within 10 to 12 years 50% of total export value will come from the park. He said that currently the Dominican Republic is exporting US$5 billion, and that in ten years this should double, and the government is betting that US$5 billion should come from the Cybernetic Park itself. Martinez maintained that what is happening is that the park is going after exports of goods and services based on innovation, technology and creativity, much like the case of Taiwan.

Link To Original Article (http://www.dr1.com/index.html#2)