Economy May 23, 2019 - 7:48 am

Direct foreign investment jumps 28.2% to US$803.7M in 1Q

Santo Domingo.- Central banker Hector Valdez Albizu, reveled Wednesday that direct foreign investment reached US$803.7 million from January to March, or 28.2% higher than the same period in 2018.

He said the investments are mainly channeled to the communications, tourism and real estate sectors, “reaffirming that we are an attractive destination and leader in this area in Central America and the Caribbean in recent years.”

Valdez, accompanied by a Central Bank technical team, provided the figures during a meeting with international investors.

He also stressed the Dominican economy’s good performance, as well as what he affirms are favorable prospects for investment in the country.

He added that the investment, mainly of private origin, has climbed more than 10% during six consecutive quarters.

COVID-19

April 26, 2024 - 9:23 am

Pro Consumidor clears rice brands of harmful metals

April 22, 2024 - 1:21 pm

Ney Arias Lora Hospital and CMD appeal ruling

April 15, 2024 - 8:40 am

Cyber attack exposes Covid-19 vaccination records in Dominican Republic

April 9, 2024 - 3:12 pm

Dominican Republic moves to implement neonatal screening

MOST READ

Economy

Dominican Republic breaks ground on Punta Bergantín Innovation Hub

Tourism

New JetBlue offer: flights to Dominican Republic from $89

North Coast

Floods in Puerto Plata leave communities cut off

Economy

Use of checks at banks fell by half in a decade

MORE NEWS

Local

Rainfall boosts water levels on dam reservoirs across the nation

Tourism

The DATE 2024 tourist fair: a complete success

Local

Title and Incabide sign agreement to title seized assets

Local

The Labor Day holiday has been changed to Monday, April 29th