NewsWhore
11-14-2011, 04:00 PM
Center of Exports and Investments director Eddy Martinez says that the flow of direct foreign investment over the past seven years has totaled US$12.21 billion, primarily in areas such as free zones, tourism, telecommunications, information technology and real estate. He said that on average US$250-300 million per year was attracted in the 1990s and this grew to a per annum average of US$500-600 million between 2000 and 2004, to the current level of more than US$2 billion a year in the last seven years. He said that foreign investment, in some cases through public-private alliances, has been the key to the growth in the economy. He commented that it has stimulated a process of unprecedented economic transformation and diversification, stressing that it was important to strengthen the business climate and position the Dominican Republic brand to continue attracting investments, as reported in Diario Libre.
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