“Our strength in attracting foreign investment is evident in our tourism sector, especially in Punta Cana and Miches. Now we are promoting a new tourist pole in the south of the country, in Pedernales”.
This was stated by President Luis Abinader during his participation on Wednesday in the Conference on Infrastructure Investment in Latin America and the Caribbean of the Development Bank of Latin America and the Caribbean (CAF) and Financial Times on identifying opportunities for investors and asset management, an event that took place in New York.
Referring to the tourism sector, the president said that they are revitalizing the area of Puerto Plata with the development of Punta Bergantín, an ambitious tourism and real estate project developed by the private sector and aimed at promoting innovation in the digital field and which will include, among other features, an academic campus, a film studio, a golf course and an extensive road infrastructure.
Abinader said that, for more than fifty years, the Dominican economy has registered a remarkable achievement in the region: an average annual economic growth of around 5%, reaching a gross domestic product (GDP) of more than US$130 billion, making the Dominican Republic the seventh largest economy in Latin America and the Caribbean.
In terms of port connectivity, the country has 10 maritime ports that handle international cargo, on the way to reaching 2.5 million TEUs per year, and also has 8 airports that connect it with 170 destinations around the world.
The head of state also highlighted that they have built numerous tourist ports and fishing docks and that, on the north coast, in the port of Manzanillo, they are building a large multimodal logistics dock that will bring Dominican exports even closer to the east coast of the United States.
He explained that the country has a dynamic private sector committed to public-private partnerships to expand, build and operate ports and airports.
He said that since connectivity is an essential element for trade, tourism and investment, it has recently signed important open skies agreements with the United States and Canada.
Source:Arecoa.com