Permits issued to fee zone companies, parks worth RD$818.0M+

Santo Domingo.- The National Free Trade Zones Council approved 21 permits install as many new free zones companies and two free zone parks, at a cost of over RD$818.0 million, Industry and Commerce minister, Nelson Toca announced on Mon.

The new companies and parks count on an investment of around RD$818.2 million and will create 3,004 direct jobs to carry out production and operations to generate over US$21.3 million in foreign currency, Industry and Commerce said in a statement.

It adds that the approvals were issued during a meeting of the CNZF in December with the presence of its members and its executive director, Luisa Fernández, who said that these new companies, will have a great impact, in economic and social terms, on several localities of the country, since they will be installed in different provinces.”

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