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View Full Version : FTZs doing better



NewsWhore
03-28-2008, 06:30 PM
According to Luisa Fernandez, director of the National Free Trade Zone Council (CNZFE), the DR's free trade zones (FTZ) have been able to recover over 40,000 jobs and more than 2,500 new jobs have been created. Fernandez says that investment in footwear has increased, as well as new ventures in some non-textile areas. Commenting on the recent reduction in exports from FTZs, Fernandez said this is not a phenomenon that is exclusive to the DR, as other countries were also affected by the competitiveness of Chinese exports.

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