Economy August 11, 2022 - 3:10 pm

Free zones expect US$10B exports in 2022

 

The Dominican Association of Free Zones (Adozona) presented the study carried out by the Analytica company that demonstrates the growth of the free zone sector and allows projecting exports in 2022 for more than US$10 billion in total exports.

The President of the Republic, Luis Abinader, participated in the event to celebrate the National Free Zones Day at the El Embajador hotel, in which it was forecast that the sector’s net foreign exchange generation will be US$1.7 billion, with a GDP growth of 9.2% and with a total impact on the national economy of 7.2% of GDP.

Exports of goods from free zones closed in 2021 with a growth of 15% compared to 2019 and 22% in 2020.

In addition, this growth has had an impact on the generation of jobs, since 2021 closed with more than 183 thousand direct jobs, and it is projected to close 2022 with more than 200 thousand, being the productive sector with the greatest generation of new jobs in the recent two years..

COVID-19

April 30, 2024 - 10:04 am

SeNaSa hires more than 1,500 doctors

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

MOST READ

World

Seven countries to contribute mission agents to Haiti

Economy

Dominican Republic breaks ground on Punta Bergantín Innovation Hub

Tourism

Hyatt to add 1,000 rooms in Dominican Republic with two new hotels

Tourism

Dominican Republic winner of Tripadvisor’s 2024 Travelers’ Choice Awards

MORE NEWS

Local

Chamber of Deputies approves establishment of Dominican Institute of Meteorology

Local

Environment boosts military surveillance at Baní Dunes

Local

US military delegation visits Dominican Republic

Expats' Corner

Tips for couples making the Big Move to the Dominican Republic