NewsWhore
10-02-2007, 06:10 PM
The director of the Center for Exports and Investments (CEI-RD) Eddy Martinez says that the investment climate in the DR is getting better. This is in part due to the current economic stability and the increase in foreign investment, which now surpasses US$1.2 billion. Martinez says that according to the World Bank's "Doing Business" index, the DR improved from being was tied for fifth place among the Central American countries to now being in third place. El Salvador had an index of 69, Nicaragua 93, Guatemala 114, Costa Rica 115 and Honduras 121.
The DR improved its ranking among the 178 polled, moving from 117th place last year to 99th this year. Countries are ranked by ease of: starting a business, dealing with licenses, employing workers, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts and closing a business.
According to Martinez, these are clear indicators that the country is progressing and moving forward. The indicators include the length of time it takes to set up a company, which in the DR is 73 days, and trademark registry that now takes five days. In the past this used to take 45 days.
More... (http://www.dr1.com/index.html#4)
The DR improved its ranking among the 178 polled, moving from 117th place last year to 99th this year. Countries are ranked by ease of: starting a business, dealing with licenses, employing workers, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts and closing a business.
According to Martinez, these are clear indicators that the country is progressing and moving forward. The indicators include the length of time it takes to set up a company, which in the DR is 73 days, and trademark registry that now takes five days. In the past this used to take 45 days.
More... (http://www.dr1.com/index.html#4)