Economy September 15, 2015 | 11:21 am

Dubai Ports hails executive order boosts Dominican freight hub

Santo Domingo.- The Dubai-basedcompany DP World Caucedo on Tuesday said it hails the executive order thatregulates operations in logistics and freight hubs, noting that the initiativewill help Dominican Republic become a world class regional logistics and distributioncenter.

"The executiveorder issued by president Danilo Medina is a piece that fulfills our primarypurpose of having a competitive regulatory framework to convert DominicanRepublic into a regional center for distribution and logistics, enabling thecountry to become a maritime freight hub," said business leader SamuelConde, president of the Caucedo Logistic Center, whose ribbon-cutting is slatedfor Oct. 26.

He said the executiveorder will allow exploiting Caucedo port´s strategic position as a transportplatform available for the country´s continued incursion into internationaltrade.

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