DR and foreign investment

[NewsWhore]

Hoy is reporting that the DR is the #1 recipient of direct foreign investment in the Caribbean and Central America and that DR-CAFTA could consolidate that position. These figures come from the Ministry of Economy, Planning, and Development, which says that between 1996-2000 and 2000-2005, the DR surpassed Trinidad and Costa Rica as the highest recipient of DFI. The report points out that for every US$2 entering Central America, US$1 enters the DR and the DR receives one of every three dollars that enter the Caribbean. Between 2000 and 2005 the DR averaged US$916 million in DFI. According to the report, the implementation of DR-CAFTA this year makes the DR an even more attractive place to invest.

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