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View Full Version : Cisneros on the DR



NewsWhore
09-30-2009, 05:20 PM
South America's richest man is commending the strength of the DR's economy and the way the government has handled it. Venezuelan magnate Gustavo Cisneros also commented that the DR's current troubles with the tourism sector are linked to the current global financial difficulties and that tourism should pick up once the world economy starts to recover. Cisneros made these comments after leaving the Presidential Palace where he met with President Leonel Fernandez. According to Cisneros, the DR has a great investment climate, as do many nations in Latin America, because there is no war and no threat of terrorism. The Dominican economy has always worked well, has always grown, and has always been well-managed and well-planned, where the private sector has a strong role and government is a good guide, so the balance is excellent, which is reflected in the growth figures. Cisneros is a major investor in Casa de Campo and in the Miches area.

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