Economy February 28, 2024 | 3:16 pm

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Central Bank launches first census to assess Foreign Direct Investment landscape

Santo Domingo.- The Central Bank has unveiled plans to conduct the First Census of Foreign Direct Investment Companies (Ceied) in the country, spanning from Wednesday to May 31 of this year. This comprehensive survey, facilitated through electronically distributed forms, aims to collect “timely” and “detailed” information to provide a comprehensive overview of the status of foreign direct investment (FDI) within the nation, according to statements from the issuing bank.

President Luis Abinader, during his accountability speech to the National Assembly on Independence Day, highlighted a noteworthy milestone, revealing that foreign direct investment in the country reached an impressive $4,381 million last year. This figure stands as a record, underscoring the growing significance of FDI in the economic landscape. The Ceied initiative is expected to furnish valuable insights into the dynamics and distribution of foreign direct investment, contributing to a more nuanced understanding of its impact and potential areas for further growth and development in the country.

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