Economy July 1, 2016 | 3:25 pm

Buy car in DR

Another business chamber warns about legal security

Santo Domingo.- Dominican-Mexican Chamber of Commerce (CADOMEX)executive director Marco Antonio Sanchez on Friday warned that legal securityis key to sustain and increase investment in Dominican Republic, and rebuked theattempt by individuals who through vandalism placed at risk the life of workersof the bottling company Bepensa Dominicana, which was forced to halt production.

CADOMEX’s concern over legal security for investment has alsobeen stated recently by the bilateral chambers of commerce from Italy, Great Britainand the United States.

He said the aggression against a CADOMEX-member company,located in the National District occurred recently when a group of people triedto enter its facilities by force.

"As a Chamber, we join those who‘ve made the importantcall to preserve legal security for local and foreign investors in the countryrelying on security, tranquility and a favorable business environment that theDominican Republic has always offered investors," Sanchez said in anemailed statement.

The director of CADOMEX said the country has mechanisms toestablish claims, but the repeated aggressions of which that Mexico-based companyhas been the victim of is reason for concern.

He also thanked the Dominican authorities for their promptaction in the incident, which safeguarded the safety of the company’s workers andprevented damage to the plant, and requested follow up in the case to enforce thelaw against those responsible.

“Bepensa currently offers 2,700 direct jobs, generatesabout 15,000 indirect jobs and demonstrates an ongoing commitment tocompetitiveness and growth of the communities where it operates.”

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