DR Is Caribbean leader in attracting foreign investment

A study by the Economic Commission for Latin America and the Caribbean (ECLAC) revealed that throughout 2009 and the first quarter of 2010 the Dominican Republic attracted more than two billion dollars in foreign investment.  Thirty-seven percent of the overall investment coming in to the region came in to the Dominican Republic.  Overall, more than five billion dollars have come in to the region as foreign investment.  The study, entitled “Foreign Investment in the Caribbean 2009-2010,” states that the Dominican Republic was the first Caribbean country to receive the biggest percentage of foreign investment, with Jamaica coming in second and Bahamas third. Investment mainly focused on tourism projects.

The Center for Export and Investment of the Dominican Republic (CEI-RD), reported that the total accumulated foreign investment – in the last five years – amounts to some eleven billion dollars.  Positive growth is expected for 2011.

This post is also available in: Spanish

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