Economy December 1, 2022 - 10:02 am

Industries will allocate more than RD$60 billion in investments by 2023

Source: El Dinero

Celso Juan Marranzini, the outgoing president of the Association of Industries of the Dominican Republic (AIRD), announced this Wednesday that companies in the sector will invest more than RD$60 billion in the coming year, to continue to strengthen their capacities sustainably. “In December last year, we announced investments totaling more than RD$79 billion pesos, a target we have already met.” “Based on the poll we conducted, we can now conclude that investments of RD$60 billion are already expected by 2023, with a large generation of jobs resulting from it,” he said.

Marranzini emphasized the achievements of manufacturers during 2022 during the framework of the business union’s award event, enterprises that provided RD$104 billion to state revenues during the first nine months of the year, 15.5% more than the previous year. 

He stated that these data have resulted in creating more than 15,400 new employment, totaling more than 366,000 workers registered with the Social Security Treasury (TSS), earning an average income of 15.5% more than the previous year.

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

MINC’s efforts to revive the National Cultural Statistics System

World

Randolfo Rijo presents the new operational model for 911

Local

Ministry of Education announces 8% salary increase for teachers

World

Youth crime prevention policies: Dominican Republic’s perspectives at UN debate