RD$88.3M invested in new free zones to create 387 jobs(Correct)
Santo Domingo.- Industry and Commerce minister José delCastillo on Wednesday said permits were approved to install 11 new free zone businessesand parks, with a total investment of RD$88.3 million andcreate 387 direct jobs.
He said the free zone park to be built at a cost of RD$327million will create 732 jobs and earn around US$1.7 million.
He said the sector’s production has become more diversified,noting that several of the new businesses are in “non-traditional activities.”
National Free Zone Council (CNZFE) director Luisa Fernandezsaid the new companies will have a major economic and social impact in the variousparts of the country where they’ll operate.
In a statement the official said the new companies chosethe Dominican Republic because of the government’s economic policy.
The meeting held at the San Isidro Industrial Free Zoneincluded a tour for free zone executives headed by marketing manager LuisGuillermo Angarita.