Dr. Jean Alain Rodríguez Secretary of State
Executive Director October, 2014
“INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC”
WORLD INVESTMENT FORUM 2014
Source: Central Bank of the Dominican Republic
DOMINICAN REPUBLIC AT A GLANCE
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Population: 10.4 million
Total labor force: 4.7 million
GDP: US$60,636.2 million
GDP per capita: US$5,822.0
In the course of last decades,
the Dominican Republic has
transformed deeply, going from
an economy of only some
agricultural basic products
(Commodities) to quite a
diversified, vibrant and modern
society.
DOMINICAN ECONOMY AND TRADE
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DOMINICAN EXPORTS
2000-2013* (US$ 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
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
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
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PREFERENTIAL MARKET ACCESS
WHY THE DOMINICAN REPUBLIC?
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• 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
FOREIGN INVESTMENT LAW NO.16-95
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• 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
INCENTIVE LAWS
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• 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
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
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
• 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.
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TOURISM
• 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
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RENEWABLE ENERGY
•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.
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INFRASTRUCTURE
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FILM INDUSTRY
• 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
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TELECOMMUNICATIONS
• 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
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CONTACT CENTERS - BPO
• 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
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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
Dr. Jean Alain Rodríguez Secretary of State Executive Director
October, 2014
“INVESTMENT OPPORTUNITIES IN THE DOMINICAN REPUBLIC”
WORLD INVESTMENT FORUM 2014