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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.

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