Dominican Republic gets a high-end US$1.0B+ golf resort
Andre Boersma, Danilo Medina, Robin S. Bernstein
San Juan, Dominican Republic.- US ambassador Robin S. Bernstein, said Thurs. that the Dominican Republic not only shares the same values and good practices of fair and equal treatment with investors, but has the advantage of having a Free Trade Agreement that places the country in a privileged position.
She stressed that the Dominican government has been an important ally in consolidating foreign investment.
The diplomat spoke at ribbon cutting for the high-end tourism project Playa Grande Golf & Ocean Club, headed by president Danilo Medina.
The Arizona-based Discovery Land Company and its partner Third Point LLC developed the real estate tourism project on 10 million square meters at a cost of over US$1.0 billion
Vice president of operations and general manager, Andre Boersma, stressed that their presence in the country results from Dominican Republic’s stability, openness and, above all, people.
“With a total investment of more than one billion dollars, our will is strong: to achieve the successful development of the country’s highest standard of tourism tourist community, a challenge that will undoubtedly contribute to the diversification of tourism in the Dominican Republic.”