NewsWhore
05-03-2007, 02:11 PM
Economic, Planning and Development Minister Temistocles Montas has acknowledged that the country does not yet have the legal framework to facilitate direct foreign investment in infrastructure and this is why the country scored lowest in the World Economic Forum's "Benchmarking National Attractiveness for Private Investment in Latin American Infrastructure" rankings. The WEF report refers to the difficulties of financing investments in public works. The DR was ranked in comparison to 12 other Latin American countries. Montas did however provide assurances that new laws, like the government's purchasing law and the concessions law for public works, which is still in Congress, will soon make the DR attractive for companies interested in investing in major infrastructure works. In the Forum's rankings, Chile is ranked first for receiving investments with an index of 5.43 while the DR is last with an index of 3.33.
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More... (http://www.dr1.com/index.html#3)