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NewsWhore
03-23-2007, 04:00 PM
President Leonel Fernandez held a meeting with representatives of the Santiago business community at the Presidential Palace last night. At the meeting, the businesspeople outlined their concerns about the state of the Dominican economy and discussed the separate limitations on the free trade zones (FTZs) in detail. The business group also proposed the need for more infrastructure projects in the province of Santiago and expressed their concerns about the recent decline in business and the FTZ closures in the area. Businessman Felix M. Garcia, head of the Development Association, announced that President Leonel Fernandez has promised to hold a consultation meeting in Santiago in the next few days, aimed at defining the priorities for the region. Santiago free zones have reported losses of 37,000 jobs last year, primarily because of contract work moving on to China.

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