DR prepares human capital to attract foreign investment

The covid-19 pandemic, the conflict between Russia and Ukraine, and problems in the logistics chain have pushed companies to rely on “nearshoring” to maintain their operations and set up operations in countries that are closer to their main trading partners.

The Dominican Republic, due to its geographic position and economic stability, has become an ideal candidate for entrepreneurs and international companies to invest in the country. However, there is a need for more human capital specialized in the areas currently in demand, led by technology.

According to the executive director of Acción Empresarial por la Educación (Educa), Darwin Caraballo, it is necessary to improve the quality of the national education system and provide students with the necessary technical tools to meet the current market demand.

“The learning levels exhibited in the latest national tests continue to show that quality is a pending matter. Hence, the need to accelerate the process of change,” said Caraballo.

Referring to Costa Rica’s strategy, he said that they have found in technical diversification and the mastery of different languages the key to promote themselves and attract investment.

He emphasized that in Costa Rica “they think about the future based on the initiatives developed by talent”. The executive affirmed that, thanks to this approach, his message is inclined to demonstrate that the “production factor in this new economy is the talent of the people, the intelligence of the citizens. That is where we must invest.

During the presentation of the XXVI International Congress Aprendo 2022, he assured that companies are no longer looking for “strong arms, resources or low salaries”, what they need is “talent”, the “most precious asset of this society”.

Despite the efforts made by Dominican society in the last decade, bringing US$27 billion to Dominican education, the results in terms of quality of learning have yet to materialize. “More than ever it is necessary to measure everything, to be able to design and execute our plans as a country based on the real data of our state of affairs,” said Educa’s executive director.Acción Empresarial por la Educación

Family and innovation

Referring to the importance of working together, the executive vice president of Corporate Communications, Reputation and Responsible Banking of Grupo Popular, José Mármol, stressed that “as a country we must accelerate the pace if we want to bet on future generations of Dominicans with ethical, patriotic and moral principles and values”.

He also pointed out that the way to make the country more innovative and productive is to constantly improve “the quality of learning and teaching”.

“From our financial organization we have always been committed to programs and initiatives that encourage academic excellence and the promotion of values, with the objective of achieving positive impacts on Dominican society in the long term, contributing to the formation of integral and highly qualified citizens, who contribute to the improvement of their communities and the competitiveness of the Dominican Republic,” said the executive of Popular.

The president of Educa, María Waleska Álvarez, emphasized the strategic importance of integrating the family in the teaching-learning process.

“We emphasize the family, as a central and central actor in a new vision, of which, from Educa we will promote the integration and empowerment of parents, guardians and the community in general to require a quality education for all our children,” Alvarez said.

I Learn 2022

Banco Popular Dominicano and Educa will hold the twenty-sixth edition of the Aprendo 2022 International Education Congress, with the theme “Accelerating on the path to quality education”.

The meeting will be held on November 18 and 19 at the JW Marriott Hotel. As a novelty, the forum for teachers and those related to the education sector will incorporate virtual events before and after the event.

Thus, a pre-congress will be held from October 21 to November 4 and on November 23 the results, findings and main recommendations will be presented in a webinar with the participation of authorities from the Ministry of Education.

More than 7,500 participants have already registered for this edition of Aprendo and the main speakers will be Dr. María Victoria Angulo, former Minister of Education of Colombia, and Robert Silva, President of the National Administration of Public Education of Uruguay.


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