DR increases business in the DR

[NewsWhore]

During the XIV Hispanic Business and Consumer Fair - Feria de Negocios y Consumidores Hispanos held in Florida, business relations between the DR and the state of Florida were strengthened. The fair is considered the largest of its kind in the US with the attendance of 30,000 people and 510 businesses. Angel Baez Camacho, director of ABC Consulting, explained that as a result of meetings during the fair ABC will be making an initial investment of US$10 million in projects in Santo Domingo and Punta Cana. Camacho also announced that ABC plans to invest US$5 million to expand their motorcycle assembly plant located in the DR. Ramon Ojeda, head of the Orlando Hispanic Chamber of Commerce said that US$100 million worth of business relations were consolidated during the fair. The trip by the Dominican delegation to Florida was organized by the DR Center for Export and Investment (CEI-RD) with the aim of diversifying and maximizing business and trade opportunities for the DR.

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