Foreign investment to reach US$2.4 billion this year

Foreign Investment in the Dominican Republic in  2010 will be US$2,400 million, according to estimates by the Dominican Center for Export and Investment (CEI- RD).

Eddy Martinez Manzueta, director of the agency, said that although investor nations are still recovering from the global economic crisis, the Dominican Republic remains one of the most attractive countries for capital investment.

He said the main areas of growth had been mining, agribusiness, tourism, real estate, telecommunications and infrastructure.

Manzueta said the projection is that by the end of this year foreign investment would be around between 2.3 to 2.4 billion dollars, which he considered an excellent result given the global crisis affecting the world's nations.
"I can assure you that the Dominican Republic is now one of the countries, or perhaps the most attractive country for foreign investment with our climate of security and confidence," he said.

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