NEWS

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Dominican Businessmen and Foreign Experts Analyze Opportunities for Growth

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Productive chains active in the Dominican Republic including free zone companies and local industry have become an inspiration for hundreds of Dominican companies who see in these commercial exchanges great opportunities for growth, which encourage competitiveness and thereby facilities for doing business. This reality was made apparent during the debate entitled “National and international experience in Productive Chains between local industry and free zone enterprises,” which was held recently in the Hotel Jaragua in Santo Domingo and which was sponsored…

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Free Zones of the Dominican Republic, Engines of Competitiveness and Job Creation, According to The World Bank

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A new report out by the World Bank suggests a series of policies to strengthen free zones in the Dominican Republic as a vehicle for sustainable and inclusive economic growth, and their use to attract direct foreign investment and encourage the creation of better paying and higher qualified jobs. “The Dominican Republic is one of the pioneers in the use of free zones globally. This diagnosis identifies three main challenges for a more competitive and inclusive sector: the impact of…

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PIISA Values Impact of Highway Linking Community of Nigua with the Industrial Zone

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The Itabo Industrial Park congratulated the Government on the construction of the new two-way highway linking the community of Nigua with the Haina industrial zone. “PIISA Industrial Park is pleased to extend its heartiest congratulations to the Ministry of Public Works and Communications (MOPC) in the person of its Minister, Mr. Gonzalo Castillo, for the inauguration of the Haina-Nigua variant/alternate lane, a work which was requested of President Danilo Medina,” according to a press release by the business group. The…

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Shingo Institute Presents Award to Hospira

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The Shingo Institute, part of the Jon M. Huntsman Business School of the University of Utah, has recognized the company Hospira Limited, which will be honored in the Gala Awards Ceremony as part of the 29th International Shing Conference held from April 24th to 29th, 2017, in Atlanta, Georgia, United States. The Shingo Prize is awarded to organizations with exceptional cultures that promote continuous improvement and organized thinking. The awards gala is the highlight of this five-day event, with a…

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Adozona Points Out that New Incentives to Free Zones in Mexico are a Wake-Up Call to the DR

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The president of the Dominican Association of Free Zones (ADOZONA) declared that the decision by the Government of Mexico to offer new incentives that exceed those existing in the People´s Republic of China, with the objective of retaining and attracting foreign investment in that country, is a wake-up call that should generate appropriate and prompt attention in the Dominican Republic. Engineer José Tomás Contreras made this observation when reacting to the announcement by the Mexican government that it will offer…

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INTEC Obtains First Place Nationally in Web Ranking of Universities

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The Santo Domingo Technological Institute (INTEC) occupies the first place nationwide University Web Ranking system of Webometrics of the Superior Council on Scientific Research, of Spain, which describes how the institutional gateways of universities reflect their academic activities on the Internet. The international report also ranks researchers, and in the case of the Dominican Republic, the professors from this academy Yolanda León, María Margarita Villegas, and María Penkova Vassileva, occupy the second, third, and fifth places out of nine positions….

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A Project of hope

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In order to seek job opportunities for young people who live in vulnerable surroundings, the following institutions: SUR FUTURO, ALERTA JOVEN, INFOTEP, and PIISA Industrial Park, gathered together and trained a group of 52 young candidates for the jewelry sector. Afterwards, they were recruited by a Jewelry Company in our Park. According to the company, it defines them as “the most committed group, with great performance and dedication.” As a result, other companies are motivated to continue supporting this project…

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Visit to the ITSC

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Representatives from companies located in PIISA Industrial Park visited the Community Superior Technological Institute (ITSC), an institution which trains students with degrees of high-level technical and academic certification in different areas. The purpose of the visit was to learn about the ITSC programs, installations, and laboratories, and strengthen the bonds between the companies and the institution. The laboratories visited included the mechanical, electrical, and electronic laboratories and the injection molding lab. The directors of the companies in PIISA were received…

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