Abinader highlights foreign investment projection

President Luis Abinader said, in the framework of the activities that he is carrying out in Los Angeles within the IX Summit of the Americas, while answering questions to the national and international press present there, that the great projection of attracting foreign investment that the Dominican Republic has for this 2022 could exceed the figure of 3.5 billion dollars.

“Even in the situations we are in, there is a good moment in terms of investment due to the conditions offered by our country” he pointed out, also noting that this amount would exceed that of 2021, which reached 3 billion dollars, maintaining the leadership in the region.

These statements were made after a fruitful presentation to the business event held within the framework of the Summit, in which President Luis Abinader participated along with the other presidents of the Alliance for Development in Democracy, which includes the Dominican Republic, Panama and Costa Rica.

As a result, the President described this Alliance as “very positive in all areas” and is evaluating various investments between these nations and the use of synergies at the regional level.

The head of state visited the facilities of the American company SpaceX, whose satellite internet services division, called Starlink, submitted an application to offer its services in the country, thus strengthening foreign investment in the Dominican Republic in technology.

When the permit is approved, our country would become the first in the Caribbean to have this low-cost Internet service for remote communities and the fourth in Latin America.

In addition, the president and his entourage received explanations from SpaceX executives about its space program and toured the Falcon 9 rocket manufacturing plant.

The president was accompanied by the Minister of Industry, Commerce and Mypimes, Víctor -Ito- Bisonó; the director of ProDominicana, Biviana Riveiro; representing the company were José Alfredo Rizek, legal advisor for the Dominican Republic; Katrina Hasse, manager of Latin American Market Access, and Dr. Samuel (Chad) Gibbs IV, vice-president of operations.


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