Bisonó promotes Dominican free trade zones to Spanish investors

Spain.- The Minister of Industry, Commerce, and MSMEs, Víctor Bisonó, highlighted the Dominican Republic’s free trade zone model as one of the strongest and most dynamic in the region, with exports reaching US$8.6 billion and creating more than 198,000 direct and 450,000 indirect jobs by the end of 2024. He noted that the sector contributed 3.1% to the national GDP last year and has already surpassed US$5.7 billion in exports in the first eight months of 2025.

During his presentation, “Advanced Manufacturing Ecosystem in the Dominican Republic,” held at the Mapfre Foundation as part of Dominican Week in Spain, Bisonó emphasized the country’s evolution into a regional hub for innovation, logistics, and skilled talent. He reported that 49 new companies were approved this year, expanding the network of 97 industrial parks across sectors such as electronics, pharmaceuticals, premium tobacco, textiles, jewelry, and especially medical devices, where the country hosts world-class firms like Baxter, Jabil, B. Braun, and Cardinal Health.

Bisonó also highlighted the National Semiconductor Strategy (Decree 324-24), which aims to integrate the Dominican Republic into global microelectronics value chains. Citing the Information Technology and Innovation Foundation (ITIF), he affirmed that the country has the potential to produce printed circuit boards and test components, strengthening its position as a trusted partner for the United States in advanced manufacturing.

Inviting Spanish investors to collaborate, Bisonó described the Dominican Republic as a nation that “produces, innovates with purpose, and exports with identity,” supported by legal stability, strong logistics, and highly qualified talent.