More than patches for industry

[NewsWhore]

The spokesman for the Association of Industries of Herrera, Jesus Moreno told reporters that the Dominican Republic industrial sector needs more than "quick fixes" or patches in order to survive in the new world order. While Moreno praised the Energy Contingency Plan to be announced by the government, he also expressed concern about finding the dollars needed to pay for the oil. He said that, "the Dominican Republic cannot continue to depend on foreign investment to sustain the economy". Taking a closer look at exports, Moreno explained that if mined exports were to be excluded from the statistics, net Dominican exports would be a negative US$74 million over the past eight months. The business leader called for increased job creation initiatives and a push for lower operating costs for local industry.

More... (http://www.dr1.com/index.html#3)