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Dr. Jean Alain Rodríguez Secretary of State Executive Director October, 2014 “INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLICWORLD INVESTMENT FORUM 2014

“INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC · 10/21/2014  · Source: Central Bank of the Dominican Republic DOMINICAN REPUBLIC AT A GLANCE 2 Population: 10.4 million Total

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Page 1: “INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC · 10/21/2014  · Source: Central Bank of the Dominican Republic DOMINICAN REPUBLIC AT A GLANCE 2 Population: 10.4 million Total

Dr. Jean Alain Rodríguez Secretary of State

Executive Director October, 2014

“INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC”

WORLD INVESTMENT FORUM 2014

Page 2: “INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC · 10/21/2014  · Source: Central Bank of the Dominican Republic DOMINICAN REPUBLIC AT A GLANCE 2 Population: 10.4 million Total

Source: Central Bank of the Dominican Republic

DOMINICAN REPUBLIC AT A GLANCE

2

Population: 10.4 million

Total labor force: 4.7 million

GDP: US$60,636.2 million

GDP per capita: US$5,822.0

Page 3: “INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC · 10/21/2014  · Source: Central Bank of the Dominican Republic DOMINICAN REPUBLIC AT A GLANCE 2 Population: 10.4 million Total

In the course of last decades,

the Dominican Republic has

transformed deeply, going from

an economy of only some

agricultural basic products

(Commodities) to quite a

diversified, vibrant and modern

society.

DOMINICAN ECONOMY AND TRADE

3

Page 4: “INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC · 10/21/2014  · Source: Central Bank of the Dominican Republic DOMINICAN REPUBLIC AT A GLANCE 2 Population: 10.4 million Total

DOMINICAN EXPORTS

2000-2013* (US$ Million)

-

1'000.0

2'000.0

3'000.0

4'000.0

5'000.0

6'000.0

7'000.0

8'000.0

9'000.0

10'000.0

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013*

5'736.7

5'276.3 5'164.9 5'470.8

5'935.9 6'144.9

6'609.8

7'160.2

6'748.0

5'483.2

6'753.7

8'491.8

9'068.5

9'651.2

Source: Central Bank of the Dominican Republic

(*) Preliminary figures

Page 5: “INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC · 10/21/2014  · Source: Central Bank of the Dominican Republic DOMINICAN REPUBLIC AT A GLANCE 2 Population: 10.4 million Total

DOMINICAN PRODUCTS IN THE WORLD

RANKING

5

#1 Exporter of Sugar Cane to Spain

#1 Exporter of Cigars to the USA

#1 Exporter of Rum to Chile

#2 Exporter of Cocoa to LAC

#3 Exporter of Rum to The Netherlands

#5 Exporter of Cocoa Beans to Japan

#4 Exporter of Pepper to the USA

#4 Exporter of Avocados to the USA

#5 Exporter of Rum worldwide

Source: CEI-RD

Page 6: “INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC · 10/21/2014  · Source: Central Bank of the Dominican Republic DOMINICAN REPUBLIC AT A GLANCE 2 Population: 10.4 million Total

882 Million Consumers Worldwide

DR-CAFTA North America

316M

DR-CAFTA PANAMA

42.6M DR-CAFTA Central America

3.5M

CARICOM: Caribbean

16.2M

Economic Partnership

Agreement: European Union 503.8M

6

PREFERENTIAL MARKET ACCESS

Page 7: “INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC · 10/21/2014  · Source: Central Bank of the Dominican Republic DOMINICAN REPUBLIC AT A GLANCE 2 Population: 10.4 million Total

WHY THE DOMINICAN REPUBLIC?

7

• Political and economic stability

• Modern transportation infrastructure

• FDI Friendly environment – Preferential market access

• Solid Legal framework

• Generous incentives

• Accessibility

• Competitive, qualified and trainable labor force

• Advanced and reliable telecommunication infrastructure

• Supporting industries & services

• Competitive costs for doing business

• Near shore location

• Quality of life

Page 8: “INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC · 10/21/2014  · Source: Central Bank of the Dominican Republic DOMINICAN REPUBLIC AT A GLANCE 2 Population: 10.4 million Total

FOREIGN INVESTMENT LAW NO.16-95

8

• Equal rights and benefits for foreign and

national investors

• Free repatriation of dividends and capital

• Registry of Investment in CEI-RD: residency

by investment priviledge

Page 9: “INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC · 10/21/2014  · Source: Central Bank of the Dominican Republic DOMINICAN REPUBLIC AT A GLANCE 2 Population: 10.4 million Total

INCENTIVE LAWS

9

• Industrial & Services Free Zones Incentive

Law 8-90

• Incentives for the Promotion of Export Law

84-99

• Border Development Incentive Law 28-01

• Renewable sources of Energy Law 57-07

• Promotion of Tourism Development Law 158-

01

• Textile Industry National Priority Law 56-07

• Film Industry Incentive Law 108-10

Page 10: “INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC · 10/21/2014  · Source: Central Bank of the Dominican Republic DOMINICAN REPUBLIC AT A GLANCE 2 Population: 10.4 million Total

FOREIGN DIRECT INVESTMENT IN THE DR

2000-2013* (US$ Million)

Source: Central Bank of the Dominican Republic / Export and Investment Centre of the Dom. Rep.

(*) Preliminary figure

-

500.0

1'000.0

1'500.0

2'000.0

2'500.0

3'000.0

3'500.0

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013*

952.9 1'079.1

916.8

613.0

909.0

1'122.7 1'084.6

1'667.4

2'870.0

2'165.4

1'896.3

2'275.0

3'142.4

1,990.5

Page 11: “INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC · 10/21/2014  · Source: Central Bank of the Dominican Republic DOMINICAN REPUBLIC AT A GLANCE 2 Population: 10.4 million Total

INVESTMENT OPPORTUNITIES

SERVICES • Tourism

• Contact Centers

• BPO\KPO

• Software Development

MINING & INFRASTRUCTURE • Mining • Electricity • Telecommunications • Renewable Energy • Ports & Airports • Highways, Roads

AGRIBUSINESS

• New Technologies

• Agro industrial Products

• Controlled Environment

Production Systems

MANUFACTURING • Medical Devices

• Auto parts

• Electronic & Electric

Components

• Computer Electronics

• Plastics Industry

Page 12: “INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC · 10/21/2014  · Source: Central Bank of the Dominican Republic DOMINICAN REPUBLIC AT A GLANCE 2 Population: 10.4 million Total

• No. 1 destination in the Caribbean.

• Over 4.7 million visitors during 2013.

• Revenues for US$5,124.8 million.

• 61,869 direct jobs.

• More than 68,500 world-class rooms.

• 32 golf courses.

12

TOURISM

Page 13: “INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC · 10/21/2014  · Source: Central Bank of the Dominican Republic DOMINICAN REPUBLIC AT A GLANCE 2 Population: 10.4 million Total

• Total investment of over US$600 million

• Approximately 1,300 direct jobs and

4,000 indirect jobs

• The power generating capacity

feeding into the public grid in the

Dominican Republic totals 2,992.6. MW

• Law 57-07 for the Development of

Renewable Energy

13

RENEWABLE ENERGY

Page 14: “INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC · 10/21/2014  · Source: Central Bank of the Dominican Republic DOMINICAN REPUBLIC AT A GLANCE 2 Population: 10.4 million Total

•The Dominican Republic has the second

best transport infrastructure in Latin

America.

•Third on paved roads in Latin America.

•Second highest in the region for airports

paved runways .

•Privileged position in the region and the

world in the "Global Competitiveness

Report 2012-2013", of the World Economic

Forum.

14

INFRASTRUCTURE

Page 15: “INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC · 10/21/2014  · Source: Central Bank of the Dominican Republic DOMINICAN REPUBLIC AT A GLANCE 2 Population: 10.4 million Total

15

FILM INDUSTRY

Page 16: “INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC · 10/21/2014  · Source: Central Bank of the Dominican Republic DOMINICAN REPUBLIC AT A GLANCE 2 Population: 10.4 million Total

• Investments during 2008-2013 totals

US$1,113.9 million, mainly from

Mexico, France and Luxemburg

• Over 10.2 million cable and wireless

lines

• More than 9.2 million mobile

phones

• Over 3.1 million internet

connections

• Main Dominican cities connected

through optical fiber rings

16

TELECOMMUNICATIONS

Page 17: “INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC · 10/21/2014  · Source: Central Bank of the Dominican Republic DOMINICAN REPUBLIC AT A GLANCE 2 Population: 10.4 million Total

• 114 companies in the industry

• 62% of the companies offer services to

the US Market

• International Certifications: PCI

Compliance, ISO 9001, COPC

• The country has a Contact Center

and BPO Cluster with 48 associates

17

CONTACT CENTERS - BPO

Page 18: “INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC · 10/21/2014  · Source: Central Bank of the Dominican Republic DOMINICAN REPUBLIC AT A GLANCE 2 Population: 10.4 million Total

• More than 70 companies in the industry

• Partnerships with renowned brands:

Microsoft, Oracle, Hewlett Packard

• International Certifications: CMMI, ISO

9001, IBM Racional, NortelScience and

Technology Park with a Specialized

Institute and one of the most advanced

Interconnection Center in the region

(NAP of the Caribbean)

• The country has a Software Cluster with

more than 40 member companies

SOFTWARE DEVELOPMENT

Page 19: “INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC · 10/21/2014  · Source: Central Bank of the Dominican Republic DOMINICAN REPUBLIC AT A GLANCE 2 Population: 10.4 million Total

19

The Dominican Republic created

the One-Stop Shop for Investment in

order to expedite and make more

efficient the processes for investors,

domestic and foreign, who want to

develop operations in different

sectors in the country.

ONE-STOP SHOP FOR INVESTMENT

Page 20: “INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC · 10/21/2014  · Source: Central Bank of the Dominican Republic DOMINICAN REPUBLIC AT A GLANCE 2 Population: 10.4 million Total

Dr. Jean Alain Rodríguez Secretary of State Executive Director

October, 2014

“INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC”

WORLD INVESTMENT FORUM 2014