Confotur credited for boosting foreign investment in the Dominican Republic

Santo Domingo.- The Tourism Development Council (Confotur) has played a pivotal role in attracting significant foreign investment to the Dominican Republic, particularly in the development of luxury tourism, commercial, and residential projects, according to Robert De La Cruz, CEO of ApartamentosRD. He emphasized that Confotur’s incentives have not only accelerated large-scale developments but also drawn international clients who view the country as an appealing investment destination.

De La Cruz highlighted the Dominican Republic’s long-standing position as the leading recipient of foreign investment in the Caribbean, and its rise as the seventh-largest economy in Latin America, thanks to consistent economic growth. He also expressed confidence in President Luis Abinader’s commitment to further boosting foreign investments, which are crucial for national development.