Foreign Direct Investment Companies reinvest 47% of their Profits in the Dominican Republic
- The director of the Dominican Republic Export and Investment Center stated the country’s foreign direct investment (FDI) companies reinvest more than 47% of their profits.
- According to a press release, this data is supported by the study “impact of foreign direct investment in the Dominican economy” conducted by the firm Analytica. FDI in the last seven years is about US$20.1Bn, representing a milestone in the attraction of FDI.
- According to the Economic Commission for Latin America (ECLAC), the Dominican Republic is among the top 10 countries for the collection of FDI in Latin America and the Caribbean.
- The sectors that are benefiting from the inflows of FDI include hotels, pharmaceuticals, free zones, telephone industry, mining, power companies, services, retail, technology and financial services.
(Source: Dominican Today)