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View Full Version : Free zones go on offensive



NewsWhore
05-09-2007, 06:00 PM
The National Council of Industrial Free Zones (CNZFE) and leading business owners will be in the US in search of new business for the battered sector. The Miami Beach Convention Center will be the operations headquarters for the next few days as the free zone operators offer their special package of complete service to the Material World Fair, the showcase for the textile industry. M Group president Fernando Capellan and D'Clase Corporation's Jose Clase are just two of the leading figures in the business group of more than forty persons. On Tuesday, Capellan chaired a round table discussion on the future of textile manufacturing within the free zone system of the Dominican Republic. Carlos Manuel Alvarez, Fernando Flaquer and Micalo Bermudez are other former CNZFE officials that are fighting to bring new contracts to the free zones of the DR. Free zones in the DR have been losing contracts to competition from China. Local adverse conditions, such as high labor, electricity, ground transport, shipping costs have affected local competitiveness.

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