Investment in tourism projects totals US$10,799 million

Investments in tourism construction in the Dominican Republic amount to 10.799 billion dollars and real estate leads the list of these projects, said the Vice Minister of Tourism, Jacqueline Mora, in a press release.

Mora affirmed that 187 investment projects approved by the Tourism Development Council (Confotur) are being developed in the country.

The first item is real estate with 4,527 million dollars, followed by hotels with 4,444 million dollars and, in third place, infrastructure, with 756 million dollars.

To this are added 1,075 million dollars in other items that she did not specify.

The official explained that the accumulated foreign direct investment in the tourism and real estate sectors was 37% of the total accumulated foreign investment in 2022, equivalent to 13,144 million dollars.

Likewise, when analyzing these and other indicators, she emphasized that it is necessary to continue betting on the tourism and construction sectors which, together with other priority sectors of the economy, will continue to develop and represent the future of the country.

Source: almomento.net

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Dominican Republic Live Editor

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