Dominican Republic presented three new destinations for tourism investment and development

The Dominican Republic, within the framework of the International Tourism Fair (Fitur 2022), presented this Thursday, together with the World Tourism Organization (UNWTO), the new tourist destinations in the country in which there are already hotel projects under development and for which it is seeking foreign hotel investment.

In an event held in the presence of Zurab Pololikashvili, secretary general of the UNWTO, and David Collado, Minister of Tourism, Spanish and foreign investors were shown the country’s objective of attracting, promoting and retaining investment in sustainable tourism initiatives, presenting the most attractive opportunities of this destination that enjoy excellent geographical location, a solid legal framework, economic stability and modern infrastructure.

The Dominican Republic is particularly interested in the development of three specific projects in the coming years: Amber Coast, Miches and the relaunch of the Colonial City. In general, all three destinations highlight the idea that it is the perfect time to invest in the country, especially in these projects.

Costa del Ámbar, with almost 17% of the tourist rooms in the country, seeks to develop and promote tourism in the northern coast of the country, being the priority project of the State with 303 construction and remodeling projects of hotels, residential, commercial, health or logistic projects, among others. Of particular interest are the destinations of Puerto Plata and Sosúa.

Punta Bergantin already has more than 30 projects in six components: tourism and hotel, golf courses, urban center, innovation center, film studios and real estate.

For its part, Miches seeks to position itself as the new sustainable luxury destination for tourism investment, with investments exceeding US$100 million in hotels and other attractions in the area.

The relaunch of the Colonial City of Santo Domingo will highlight the history and culture of this area. It seeks to consolidate itself as the new leisure and business destination for which the State has launched a US$100 billion city revitalization program between 2022 and 2025 to restore houses, museums and infrastructure in the Colonial City.

With more than 80,000 rooms and an investment of more than US$15 billion, the Dominican Republic is the preferred destination for foreign direct investment, ranked number one in Central America and the Caribbean.

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