Economy August 17, 2015 - 9:49 am

Dominican companies fall short in quest to globalize: Industrialist

Santo Domingo.- DominicanRepublic´s industrial sector requires permanent investment in innovation,linking industrial companies with universities and technical institutes, and proactivefinancial and industrial policies as well.

Given that, the sectorcan achieve becoming a net exporter and revert the consequences of economicpolicies that have weakened it, Dominican Republic Industries Association (AIRD)president Campos de Moya cautioned on Sunday.

He said the countryhas been in an economic environment that has weakened the manufacturing sector inrecent years, creating a hurdle to becoming a net exporting nation.

By analyzing theadverse elements, De Moya said the country falls short innovation policies,productive linkages to benefit from globalization, education and other elements.

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