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República Dominicana cuenta GEOGRAPHIC POSITION AND
con diversas legislaciones de TRADE OPENNESS, IDEAL
incentivos y fomento al desarro- FOR INVESTMENT
llo empresarial en las áreas de
zonas francas, turismo, industria Several reports of specialized agencies,
y otros sectores productivos. placed the Dominican Republic among the
countries with the best strategies for the
Dominican Republic has promotion of investments, through CEI-RD
various legislations related to as the responsible institution
the incentive and promotion of
business development in the The Dominican Republic is located between the Caribbean
fields of free zones, tourism, Sea and the Atlantic Ocean, in the eastern part of the
industry and other productive Hispaniola Island. Its territorial extension is of 48,442 square
sectors. kilometers, with a tropical climate throughout the year and
a landscape of mountains, plains and a wide coastline of
El marco jurídico de República inversiones de la región, segundo beaches. The official language of the country is Spanish and
Dominicana, enfocado hacia la en mejor infraestructura y tercero the currency is the Dominican Peso, with the advantage of
facilitación de la inversión extran- en desempeño general para capta- free currency convertibility, which allows transactions and
jera, se complementa con una es- ción de inversiones y notable creci- contracts in foreign currency. It is a democratic State with a
tructura institucional adecuada, miento. Government and elected officials under the parameters of a
entre las que se destacan el Centro modern Constitution adapted to the more developed libertarian
de Exportación e Inversión (CEI- PERSPECTIVAS processes and respect for citizen’s rights. The freedom
RD), así como el Consejo Nacional of enterprise, access to goods and services and a clearly
de Zonas Francas de Exportación El Centro de Exportación e In- established legal framework, respected by its authorities and
(CNZFE), el Consejo Nacional de versión (CEI-RD) desarrolla ac- civilians, characterize this nation that has been registering for
Competitividad (CNC) y ProIn- tualmente un plan proactivo de the last 50 years a rate of economic growth in average above
dustria. Se trata de instituciones promoción de inversión en el país, 5% annually. From the mid-1990s, The Dominican Republic
respaldadas por ministerios como incrementando su participación en began a process of trade and international openness. This
el de Industria y Comercio, Medio eventos locales e internacionales, country has Free Trade Agreements with the United States,
Ambiente y Recursos Naturales, como ferias, foros de negocios, ex- the European Union, the Caribbean community, Central
Energía y Minas, Relaciones Exte- hibiciones, recepción de delegacio- America and other nations. In addition, it has signed most
riores, entre otros. nes de inversionistas extranjeros y trade agreements and conventions of international reference,
otras actividades, con el objetivo de including the World Trade Organization (WTO) and its laws are
BUEN POSICIONAMIENTO mantener el posicionamiento de la adapted to the guidelines of international trade.
República Dominicana como el des- The legal framework in the Dominican Republic, focused
Organismos internacionales de tino número uno de la región en la towards the facilitation of foreign investment, is complemented
prestigio como “The Global Com- atracción de inversión. by an adequate institutional structure, notably the Center
petitiveness Report 2013-2014” del Para el logro de dicha meta, el Go- of Export and Investment (CEI-RD), as well as the National
Foro Económico Mundial, ubican al bierno se apoya en la motivación, Free Zones Council (CNZFE), the National Competitiveness
país en posiciones privilegiadas en el compromiso y la disposición de Council (CNC) & Proindustria. These institutions are backed by
cuanto a calidad de infraestructura aprendizaje de los dominicanos, así ministries such as Industry and Trade, Environment and Natural
de transporte aéreo y portuario. como el uso de tecnología innova- Resources, Energy and Mines, Foreign Affairs, among others.
También el “Caribbean and Cen- dora; la implementación de los más
tral American Countries of the altos estándares medioambientales y Good Positioning
Future 2013-2014” del FDI Intelli- el fortalecimiento de la educación, Prestigious international organizations, such as “The Global
gence del Financial Times, coloca tanto a nivel técnico como profesio- Competitiveness Report 2013-2014” of the World Economic
al país en la segunda posición con nal, en respuesta a la demanda de las Forum, placed the country in a privileged position in terms of
la mejor estrategia de captación de industrias e inversionistas en el país. quality of ports and airports infrastructure.
Also the “Caribbean and Central American Countries of the
Future 2013-2014” of FDI Intelligence of Financial Times,
places the country in second position on best strategy for
attracting investment (Best FDI Strategy), second best in
infrastructure (Best Infrastructure) and third in general per-
formance in the attraction of investments and sustainable
growth (Best Overall).
Perspectives
The Center of Export and Investment (CEI-RD) currently
develops a proactive plan for promoting investment in the
country, increasing its participation in local and internatio-
nal events, such as business forums, exhibits, reception of
delegations of foreign investors and other activities, with
the goal of keeping the Dominican Republic’s positioning
as the number one investment destination in the region.To
accomplish this goal, the Government relies on the motiva-
tion, compromise and learning abilities of Dominicans, as
well as the use of innovative technology; the highest envi-
ronmental standards, the strengthening of both technical
and professional education, in response to the demand of
industries and investors in the country.
Investment Guide 21

