Local February 26, 2024 | 4:10 pm

Tamboril Free Zone: 5,500 jobs and full occupancy achieved

Santiago, DR.- The Tamboril free zone park’s first phase, under the management of the investment fund company ALTIO, has concluded its 2023 operations with full occupancy of its facilities and the creation of 5,500 direct jobs.

As of October 2023, the broader free zone sector has contributed significantly to the Dominican economy, generating a total of 197,313 jobs across 87 parks nationwide. The sector also recorded exports totaling US$6,743.7 million and attracted investments amounting to US$7,161 million.

The acquisition of the Tamboril Free Zone park by ALTIO’s managed fund has proven to be a positive move, injecting capital that facilitated the park’s growth. This growth not only benefits local and foreign companies but also contributes to the well-being of employees and the surrounding community.

Eliza Sánchez Lomakina, General Director of ALTIO, emphasized the free zone’s role as a comprehensive service provider, offering tenants support in various aspects, including warehouse design and construction, personnel recruitment, transportation, and essential services such as energy, security, waste management, water supply, and logistical assistance.

0 0 votes
Article Rating
Notify of

Inline Feedbacks
View all comments