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View Full Version : French investment exceeds EUR2 billion



NewsWhore
07-14-2010, 02:40 PM
Investments by French companies have surpassed the EUR2 billion mark over the past 15 years, and more than half of this money has been invested by telecoms company Orange, French Ambassador Roland Dubertrand told Hoy newspaper. Other major investments have been made by Carrefour and Conforama stores and others in the tourism sector. He said that the Nouvelles Frontieres travel company had recently acquired a hotel in the Punta Cana area.
The ambassador also pointed out that France is interested in strengthening trade with the DR. At present, there is EUR130 million worth of exchange between the two countries with the balance favoring the DR. He added that France would like to achieve a level of trade similar to what the DR has with Spain, its main trading partner in Europe.
The ambassador said that most Dominican exports to France are the traditional tobacco and tropical fruits, but recently there has been an increase in organic products such as bananas and mangoes.

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