President Danilo Medina, during his State to the country indicated that the free zone sector is the third largest generator of foreign currency in the Dominican Republic, after tourism and remittances from Dominicans living abroad. According to the President Medina, in 2017 the National Free Zone Council (CNZFE) approved 58 projects in diverse manufacturing...Continue Reading
The Dominican Republic has over 20 years of experience exporting products and components for the electrical, aeronautics, automotive, security, and industrial automation industries. Contributing over US$70,000 in exports, this industry has experienced a constant growth, turning to the second-largest exporter worldwide of electrical switches to the United States. World-class electrical products are designed and...Continue Reading
President Danilo Medina attended the launching of the Medical Devices Cluster, which encompasses more than 25 worldwide companies that have manufacturing facilities in the Dominican Republic. The Medical Devices Cluster represents the interests of the free zone medical sector, including a wide variety of medical components products and 23,000 employees, whom manufacture with high...Continue Reading
During April, ADOZONA and AIRD met to celebrate the inauguration of the 3rd Industrial Congress, whose objective is to update the proposals for the creation of a Dominican Industrial Development Strategy, with the consensus of the main actors and political forces around this plan. A group of eight institutions from both the public and...Continue Reading
The global healthcare company that specializes in lifesaving medicines and technologies for infusion, transfusion and clinical nutrition, Fresenius Kabi has begun the construction of its third manufacturing plant with PIISA Industrial Park. The investment of around € 20 million will add approximately 80,000 sq. ft. to the existing buildings and will also bring 500 new jobs to...Continue Reading
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