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Italian investors to look at transforming Dominican shoe industry
posted on: Jun 7 2010 9:15 by Royston. Viewed 564 times.
A delegation of Italian investors will come to the country in October to explore the possibility of opportunities in the footwear and fishing industries in areas in the north and south.
The Centre for Development and Industrial Competitiveness (PROINDUSTRIA) reported that potential investors from the Marche and Rome regions had been contacted in a recent visit to Italy by the director of PROINDUSTRIA, Professor Jose Izquierdo.
In advance of the visit to Dominican Republic by the Italians, Izquierdo signed a memorandum of understanding with managers of footwear business associations in Fermo and Macerata provinces who are interested in transforming and re-launching the industry.
Izquierdo said further that PROINDUSTRIA has already created the Footwear Industry Rescue Project, which includes a pilot project in the northern region (Cibao Central), where a group of manufacturers from Santiago, Moca, San Francisco de Macoris and the capital, would design and produce three to five different styles of shoes, with the idea of creating a national brand.
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