- Eduardo Sanz Lovatón, Director General of Customs for the Dominican Republic, highlighted the growing importance of logistics as the Dominican Republic’s leading economic sector, with exports surpassing US$12.93Bn and reaching over 160 countries, marking an 8.3% increase from the previous year and up from US$11.9Bn from January to November 2024.
- He emphasised the country’s capabilities in producing medical supplies, artificial intelligence, and robotics, reinforcing its potential as a global technology exporter. Sanz Lovatón noted that the Dominican Republic is making significant progress toward becoming the region’s main logistics hub, leveraging its strategic geographic position.
- Ramón Albuquerque Ramírez, rector of UFHEC (Universidad Federico Henríquez y Carvajal) reaffirmed the commitment of local universities to expanding logistics education and training to meet industry demands.
- Furthermore, Wady Ramírez, president of ADOU (Spanish acronym for Dominican Association of University Rectors), stressed that transforming the nation into a logistics hub is a shared responsibility, involving not only the government and private sector but also academic institutions that prepare future professionals.
- Overall, the sustained growth reaffirms foreign trade’s essential role in driving the Dominican economy, creating jobs, and boosting foreign currency income. The success of export promotion policies and the resilience of the national sector position the Dominican Republic as a competitive and dynamic player in the global market.
(Source: Dominican Today)