From: United States
About time... The ever increasing number of cars should benefit the country in providing something thats basic by todays standards.
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
Dominican Republic wants to make auto parts .....and people in hell want ice water and cold beers......BUT THEY DONT GET ANY....and we wont get any auto parts factories
From: United States
gouletcolonial: Why is it beyond the realm of possibility????
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
it is not beyond.....But I am very skeptical...Sorry
From: United States
If done, I will like to know which car manufacturer fell's for, so I don't buy that "Car Brand !!!
Written by: tejada, 18 Mar 2008 10:36 AM
From: United States
Didn't we attempt to make cars before? I think it was a pickup truck called Roka (or Rocka, not sure what the spelling was) using Datsun engines. I remember seeing a few going around. They were uggly as heck, but proved to be efficient. I think it went nowhere because the government did not cooperate with them (I'm sure auto importers had something to do with it too).
Written by: MrDom, 18 Mar 2008 10:44 AM
From: Dominican Republic, Santo Domingo, DN
Our economy it’s getting diversified: technology, tourism, manufacturing, mining, telecommunications, real estate… Without a doubt I can say that we are doing really well, attracting foreign investments, what we have to work now is on making poor people get benefits from it.
From: Dominican Republic
This couldwell be the first step for the DR to become self-sufficient in the realm of manufacturing, thereby reducing its dependence on imports if the expansion into other areas of manufacturing takes place. There is no reason such couldn't be done. All it takes is the will by investors to make the moves toward that end.
Another area of investment is in the realm of re-manufactured (overhauled) mechanical and electrical items such as alternators, generators, engines and thelike for local consumption. Replacement body parts of fiberglass construction is another possibility.
I see plenty of opportunity for manufacturing in this country of high unemployment.
TB
Written by: Jander, 18 Mar 2008 11:33 AM
From: Dominican Republic
CEI-RD director Eddy Martinez and Jose M. Torres, of the Dominican Free Zones Association, headed the event.
If this a Zona Franca operation then it won't benefit the local market. As the materials will be shipped in and the product shipped back out. (we all know how that works)
However it should open some jobs so thats a good thing.
From: United States
A little update for the ignorants poster.
Already researching, "Reverse Globalization" due Fossil fuel, and weak US economy. LOL
Written by: MrDom, 18 Mar 2008 12:28 PM
From: Dominican Republic, Santo Domingo, DN
That is completely true Jander, for instance: I work for a manufacturing company (medical devices), and all our products are sold in Europe, USA, and Japan and other small markets in Latin America. None in DR. But as you said it is still beneficial because of jobs. In our plant work 1,600 people, and the company is planning to expand its business so it will create more jobs.
Besides we buy raw material to local manufacturing companies, such as carton (cartones del caribe, servicios industrials rierba etc)
So at the end we get benefits.
Written by: JCjua, 18 Mar 2008 12:44 PM
From: United States, New York
What is the status of the Zona Franca in DR?
Is the clothing being produced generating good jobs for the population or just for the DR army?
Perception, watch out what kind of clothing you wear. If it is a good quality Jeans it could've been made in the DR, the same about dress shirts and slacks. Although, I don't think the general DR public can afford them.
I hope ASG Renaissance can find the investors to make this a success story and create jobs for Dominicans.
Written by: Edward, 18 Mar 2008 1:44 PM
From: United States, Leominster, Massachusetts
This is great news. DR can't just rely on tourism and tabaco. The country needs to show the world that it has the capabilities to be a technologically advanced country. By 2020 DR might be even making their own train cars for the metro!
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
and our own space program also......but we will not go to the moon .......we will go to the sun....How you ask without burning up?
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
we will go in the night time
From: United States
PERCEPTION:
Ranting, Voodooing, Hating at all things Dominican, can't stop what's inevitable. We are moving, slowly but surely into the 21 century
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
the perceptive one has a kufu
Written by: Jander, 18 Mar 2008 5:30 PM
From: Dominican Republic
Mr Dom.
Thanks for the update on your business, sadly it has been years since I have been involved in the Zona Franca's. However if the DR keeps up it's part of the deal surely more will catch wind of this and you will see several companies bringing their business here.
It has taken this many years for the current governent to fix what the past one destroyed.
Written by: caonabo1, 18 Mar 2008 6:24 PM
From: Dominican Republic, Miami,FL
For those who think that this can't be done, let me tell you something If you want to do somthintg all you need is the training(knowledge) of the job you want to perform and the right tools to perform the job. This is not the ice age this is the technology era and anything can be done these days with the right training.
From: United States
the language of this release perplexes me. who is this principal ASG Renaissance? is this the company that wants to manufacture auto parts? my bewilderment is in the area of the 65,000 dollar requirement. is this a franchise operation? are they inviting shareholders, with a 65,000 buy-in? or is this yet another ill conceived election hoax, similar to the innumerable ethanol manufacturers who are on their merry way to these shores? i confess that i am mystified. can anyone clarify? also, we have it on authority of Ms Beth Ardesana that several auto manufacturers are interested in coming here. it would have been nice if she had enumerated some of these companies. are we talking Ford, GM, or Daimler-Chrysler, or manufacturers from other parts of the world. are they interested in assembling cars here, and, if so, what makes them consider the country as an advantageous location. have they considered the energy problems? it's all so sketchy, from where i sit!
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
like I said cold beer in hell forget about it ,...this will not happen......as for caonaba1....maybe we can import all those unemployed trained people from the rust belt who have been layed off by the millions over the last ten years......the clay pots sold along side the road on the way to santiago are made in china...you are correct dredy this has scam written alll over it
From: United States
jeez, Goulet, maybe we have a chance of enjoying a cold beer together in hell! you actually agree with me!!. but seriously, looks like a scam, walks like a scam, quacks like a scam: it's a scam.
From: United States
on the subject of caonabo's enthusiasm: why in God's green earth would a car manufacturer choose to set up shop here when there is a massive pool of highly technologically trained folks in india and china? do you realistically believe they want to introduce an enterprise to a country in which they will have to undertake rigorous training of the workforce, when they can find numerous unemployed workers in the far east?
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
you got that right
From: United States
these guys keep spouting off lofty ideas, while ignoring the obvious. value -added agricultural products. people have to eat, plain and simple. i must have said this a million times, but why is the United Kingdom the most prolific source of citrus marmalade to the USA, when they cant even grow oranges there? that is just one of many examples.( keep it simple, stupid.) we keep blubbering on about things which are futuristic ideas, and keep missing the existing opportunities. Lord help us!
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
dredy an interesting but not good example of products .....marmalades are an English invention....thus English marmelades are considered the standard....similar to brie cheese from California it probably exists but nobody would buy it......also another English favorite we probably could do very well Major Grey Chutney....from mangos.....yummmeee
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
but yes our future lies in fruit and veggies of super high quality....but our quality control has to be moved up a few notches...also Organic products are a growing speciality
From: Dominican Republic
News for you:
A major Dominican/Canadian/American group has come together to start a new car company in the DR. The aim is to build a plant in close proximity to Santiago so that a flow of workers can be kept for the plant.
They have hired retired engineers that span from US automakers Ford, Chevrolet, Chrysler and Europeans from Volvo, Daimler, Jaguar, Saab and Fiat.
The name of the new company is Tecnologias de Transportacion Dominicana "TTD".
Already some prototypes of the models to be built have been made along some mock-ups for impact. The first models will be code named:
"Areito" A compact fun, very inexpensive like Kia's entry level.
"Taino" A basic platform like a Corolla or Sentra.
"Cacique" A mid size sedan like Honda accord.
"Gran Cacique" A luxury mid size sedan like Acura.
"Unnamed" A full size entry sedan like E-class Benz.
"Unnamed" A full size Luxury sedan like top.
From: Dominican Republic
The company is waiting for the full implementation of the Free Trade Agreement with the US, so that the company could benefit from day 1 of the accords instead of having to apply after the implementations of the rules.
A lot is riding behind Fernandez run for a continuity seat at the presidency this year...
The raw materials for the car manufacturing plant will be almost 90% local Dominican sources...
Microchips and concerning electronic materials will be provided from Taiwan and Korea.
2009 will be a great year for all Dominicans in the country and abroad as well...
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
Take another hit.....and tell me when we go to the moon
From: Dominican Republic
gouletcolonial: I'm involve in this company and will be glad to have you as a first row seat's invitee to the opening gala come late 2009...
It won't matter if you're Haitian! After all, you're our brothers on the island and will benefit as well!
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
Bill Gates could pour his whole fortune into this and it still will not be competitive.....soon you will see someone looking for investors....then hold onto your wallet
From: Dominican Republic
We won't compete with the overseas market since we'll have the major advantage of producing the cars at home free of many charges and transportation of the other car manufacturers.
We aim to provide for the local market as well as to the region of the Caribbean and LA.
The US market is needed to drop inventory little by little while introducing the new makes into the market there.
We'll have zero competition for a long while in the DR... And! That end will have an open mind about merging with a bigger international automaker when the time comes...
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
stop saying producing thats ......IMPOSSIBLE..... even dreaming ......assembling is the best you can dream about
From: United States
actually, Goulet, i tried some marmalades from the british caribbean islands, and they are spectacular. i guess you are correct in associating good marmalade with britain, hence the fact that good marmalades come from british islands. but we can always purloin a few recipes! as to the car thing by RPichardo: i wish it was true, but for now, my advice to prospective investors is this: hold on to your wallets!!! 90% component from the DR? DID I READ THAT RIGHT? you mean we are going to build cars from locally mined metals by 2009? when are we going to build the smelters? how about the glass? dominican tires and rubber? no competition in the beginning?i have to side with goulet on this one: the author is hallucinating!! by the way, when are we going to train the workforce? fixing scooters and building cars are not one and the same thing.
From: United States
sorry, i missed the critical sentence: a lot depends on the continuity of the Fernandez presidency. i knew there was a catch somewhere! as i said before, guys, hold on to that money!!
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
dredy the british tradition colonial and imperial follows us in many things......in my former business....the wine trade...the english taste is still what is considered the norm..... they controlled the bordeaux trade....vino oporto and sherry etc. and their roots are firmly planted.....I am guessing at your English Island roots....the products would have been similar to my early youth in Canada
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
dredy what a great product the the grapefruit drink Ting......from de islands mon
From: United States, Long island, NY
Gouletcolonial: "You need to understand and learn about common sense"
"Feel sorry for Your tiny, little brain cells"
From: United States
actually, Goulet, i have had the pleasure of trying the grapefruit drink Ting in new york. it is magical. which makes me ask why we cannot produce such internationally acclaimed products here for export.after all, the fruits and veggies from the cibao valley have got to be among the best on earth. why are we importing mango nectar from the east, when we have some of the best mangoes right here? because established importer families make big bank on these ventures? we cannot get such simple things in place, but we have guys telling us that we are well on the way to producing a car to compete with an e-class mercedes. what's wrong with this picture?
Written by: DaniDr, 19 Mar 2008 9:38 AM
From: Dominican Republic, Santo Domingo
I hope this stunt can be pulled off. My main concern would be reliability and quality control. This is the biggest issue right now in the manufacturing process even in the big auto makers. Even Toyota is having trouble keeping the standards up to level.
Save 5% in producing costs and quality control, and the day a recall comes the money this auto parts would loose would be inmense, not to mention lost contracts to supply the parts.
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
perish this thought from your mind ...there will be no auto manufacturing on this island in our lifetime...Pick another dream.....stunt is the right word .....
From: United States
yes Goulet, but the idea could have had a realistic ring if the poster had not made such insane statements. i mean, he insults the intelligence of the readers by stating that 90% of the componentry will be dominican. heck, we don't even manufacture a water pump to this point, yet we will be manufacturing cars in 2009? i believe that optimism is a good thing: insanity is not so good. as i said before, guys, if you receive solicitations for startup investment capital, nail your wallets down!!
From: Dominican Republic
I think everybody is missing the point; both supporters and critics. You have to read the article. “ASG will firstly attract investments by interested companies, at a cost of US$65,000”. This is not an auto parts manufacturer investing in the country….this is a consultant hired to do the CEI-RD’s job for them. (hopefully with more success)
By the way, the consultant’s name is Lizabeth (not Beth) and her last name is spelled with an “I” not an “e”.
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
it was the great comedian Red Foxx who said the word consultant was a" white folks word for unemployed" .
From: United States
okay, MalditoGringo, thanks for clearing things up for us. i get it. the consultant is charging 65,000 to lure prospective investors here. i notice where the term AGREEMENT is used . the sad thing is that they did not use the term GUARANTEE. what if nobody shows any positive interest? do they give back the 65 large?heck, if they get to keep the coin, what is to stop all kinds of guys AGREEING to bring submarine and space shuttle manufacturers here? i read the release in another news outlet, and reference was made to the use of the DR as a distribution point for car parts. seems fuzzy to me, with very little detail. can you further elucidate, Mr Gringo?
Written by: Perez, 19 Mar 2008 6:12 PM
From: Dominican Republic
To tejada: Really? In DR, they built a pick-up b4? I'm very curious now. Was the brand name Roka was in bold letters like toyota? fill me in bro!
From: United States
RPICHARDO,
Would you aloud me to laugh please, Thanks
LOL
Written by: caonabo1, 19 Mar 2008 8:34 PM
From: Dominican Republic, Miami,FL
How sad for those people who dont have a dream ,who think that working in MC.Donalds is a carrear, if you want to be sucessful you have to get youre bud off that seat and stop complaning about life. If you want to be at the peak of the mountain you have to clim the mountain because the mountain wont laydown for you.
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
that is the right attitude ...you must work hard if you want to realize your dreams....and be careful not to invest your money in any auto manufacturing scams
From: United States
caonabo1, do i take it to mean that you believe we can manufacture automobiles here with 90% dominican component content? optimism is one thing: folly is a horse of a different color. if we want to get into the transportation business, maybe we can start by assembling lesser creatures like scooters. if that goes according to plan, then we can graduate to bigger things, like mercedes e-class look-alikes. to say that skeptics are people who think working at mcdonalds is a career is a low blow: reality trumps dreams, anytime!
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
dred ... you are being kind by suggesting building of scooters here ...you could not get me to even go for wheelbarrows...Only assembly of some product to beat the US import tax is feasible probably electronics from somewhere else.....high quality agriculture is the way to go....Peru exports millions in asparagus....Colombia flowers........ the list goes on...we have to get the quality control segment in order and we can be a primary source of these products
From: United States
actually, Goulet, i don't think that by assembling electronic equipment here we can beat the import tax. it is not based on country of manufacture but country of componentry. to be considered a dominican product, 30% or more of the components will have to be of dominican origin. but wheelbarrows are ok for starters!!
From: United States
I have been to the Dominican Republic twice in the last six months. I am in the auto industry. The first trip was a vacation and the second trip was a vacation/ opportunity scouting trip. I don't see. I have set up and worked with auto parts suppliers in several countries and see the same type of opportunities in the Dominican Republic. I don't see vehicle assembly as the key to immediate success, but parts small parts assembly is a logical first step.
Written by: JCjua, 20 Mar 2008 11:39 AM
From: United States, New York
Don't be mistaken Michaeltravels, most of the comments in this particular issue are of cynical and sarcastic nature and don’t really represent the opinion of a sound human being and his/her common sense.
From: United States
maybe JCjua would like to isolate the comments that he characterises as cynical and sarcastic relative to the issue at hand, which, in his opinion run afoul of common sense. what runs afoul of common sense is the idea that we can manufacture cars here by 2009! i express disbelief that this can be done, not because i am a cynic, but because i have been trained as a project analyst by a foremost international lending institution, and i see no hope for such an idea in the short to medium run. clearly, we can begin assembling auto parts here, and we can establish foundries to cast parts like water pumps etc. but do not be carried away by enthusiasm and optimism: we have obstacles such as reliable energy, trained workforce and government meddling and bungling to overcome. we have no evident comparative advantage in this area that i can think of. people keep saying that we have a distance advantage relative to china: really? since when is santo domingo closer to seattle than taiwan is?
From: United States
whether you ship to miami and truck overland to the west coast, or ship to san francisco, then ship east to baltimore, the transport costs are diminimus in difference. do you realistically believe that we can enter into the automobile manufacturing fray at this juncture in history with any meaningful effect? cars manufacturers that have survived the markets have done so on price point and reliability, which is why toyota and honda are at the head of the list. american cars died on the vine because of poor manufacture, in large part. i am not denegrating the dominican skillsets, but do you think we are ready to produce a reliable, cost effective car at this point, given energy costs, etc? please reply with your insights and disabuse me of my cynicism!
From: United States
I never mentioned 2009. I don't forsee a foray into auto assembly in the near future. However, I have been part of developing, improving tier 1 and tier 2 parts plants in areas very similar to the Dominican Republic. You are not as far away as you think.
From: United States
There are any number of plants in the north east, mid west south and south east US that could benefit from parts supplied from that region.
From: United States
to Michaeltravels: maybe you want to keep your info close to the vest, but kindly advise us on some type of automobile component manufacture which you think could work here. i realise you may not wish to divulge your insights, but indulge me if you can thank you.
Written by: JCjua, 20 Mar 2008 1:32 PM
From: United States, New York
Japanese car manufactures were able to produce a car at a cheaper price because of the treaty after the war with USA; Hence the popular Toyota and Honda. That alone allowed them to have a greater learning curve and an edge on other manufacturers; mainly the course of history.
As for the production of a car by 2009 I agree with you it sounds unrealistic.
But the article is not talking about building a car, the company ASG Renaissance is just a marketing tool to which DR will pay $65,000 in fees for the sole purpose of finding investors and not to build cars, is just to make auto parts.
As for the resources needed to make auto parts you should lookup Falconbridge (Falcondo) and its Nickel extracrions. If I'm not mistaken one of the side products is Iron. Given the product is already in the country we should be able to acquire it at a lower prize.
From: United States
actually, JC, it is not iron , it is iron ore. in order to utilise it, we will have to build smelters and blast furnaces and all that good stuff. lots of energy input, in a country wherein each kilowatt hour of electricity is higher than most other countries. besides, the amount of ore is not enough to take advantage of the economies of scale. in order to make the venture reliable, you would have to import ore, competing for sources with india, china ,etc. sounds good in theory: crunch some numbers and it aint so hot!!
From: United States
michaeltravels, are you implying that these parts could be sourced more inexpensively and reliably from the dr than from ,say,india and china?
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
dred these people are high on something.....this has scam written all over it...or the 65 Gs was a pay off to someones girl friend.....this is dumb to even consider .........,yes I am a cynic very very
From: United States
let these guys alone, Goulet. in 3 months all this blather will be forgotten and the consultants will have paid off the note on the bimmer!
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
excellent
Written by: JCjua, 20 Mar 2008 4:12 PM
From: United States, New York
Dreadlocks:"it is iron ore. in order to utilise it, we will have to build smelters and blast furnaces "
"Falcondo Nickel Refinery is an operating smelter/refinery in Dominican Republ. " (c) Copyright 2007 Raw Materials Group
I cannot tell you Specifically what kind of mineral will be needed for auto parts.
I'll leave the number crunching to the consultants and the investors. US$65,000 is not that much for a reliable study and possible investors. Or you prefer someone in the government to get a 4X4 with the money?
BTW, Falcondo does sell electricity to the Dominican Republic.
Plus as I read in another Dominican Today article, DR is getting ready for the Monte Grande dam. Do you think they want to provide electricity to the public or some possible investor who might want to use the electricity?
I believe China owns Falcondo right now. I wonder if they have access to nuclear energy...
From: United States
Dred and Goulet, I have no ties to ASG Renaissance or any consultants currently doing business or seeking to do business in the DR. I no nothing other then what the article states about the 65k asked to participate.
What I do know is the potential I see in the Island based on over twenty years in the automotive industry, specifically, tier 1 suppliers of interior components.
I came on vacation and saw similarities to certain offshore work forces and advantages that the DR holds as well. I have dealt with plants and sourcing from China, Korea, India as well as Mexico, Brazil and Honduras. I can tell you that those locations offer as many challenges as the DR does in some areas and they are not all they are cracked up to be simply because they have a surplus of cheap labor.
I just entered this conversation after seeing the headline and was surprised that someone saw the same opportunity in this Island that I did aside from the fact that I literally fell in love with the place.
From: United States
forget nuclear, JCjua. i hardly think that the USA is going to allow a nuclear reactor so close to Puerto Rico. besides, given our history of failure with conventional technology, would you really want to inhabit this island with a nuclear reactor on it? hell, dude, look at what happened in santiago: if guys can't operate a dam, would you entrust them with plutonium? can you imagine what would happen if there was a meltdown like chernobyl? do you think the response would be adequate? lets stick to more benign technologies such as hydro and solar for now!!
From: United States
Michaeltravels, i notice where you say that you came here on vacation and saw all kinds of potential. here is my suggestion to you: before you set up anything, spend a little more than a vacation. get to know how things are done the costs of operations, etc. i do not want to sound condescending, but have you investigated the costs of essential inputs such as electricity, and the reliability thereof? i realise that the other areas are not paradise ,either, but familiarity of the business ecology here is a very essential prerequisite to embarking on any kind of venture. nuff said!!
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
mikey you could be enjoying the thrill of the tropics.....this is usually when people end up with that second home in Antigua....yes it is like catnip....or some illegal substance.....but grab a hold of yourself and put away your checkbook....or you will find yourself trapped here......the tender trap...where the tradewinds blow.....read "dont stop the carnaval" by Wouk....35 years I am never going back....it will get in your blood.....but always remember "how do you make a small fortune in the Caribbean "?......answer .....Start with a big one
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
dredy stop abusing that poor soul ... and get him started on those wheel barrows
From: United States
tell him loudly, Goulet, in case he missed it the first time!!
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
dredy stop abusing that poor soul ... and get him started on those wheel barrows
From: Dominican Republic
I would not use the word "scam". I don't think they are trying to scam anyone....they just don't know what they are doing.
What probably happened is that some keener (we'll call him Frank) got to talking over beers with some recent contact who happened to mention that he knows some Taiwanese guy that works for an auto parts manufacturing firm. The keener got a bright idea and said "Hey I know Eddie Martinez" and suggested that the have a meeting...they meet and the conclusion from the Taiwanese guys was that they could investigate the idea; what Frank heard, "YES!". Then Frank gets the Secretary of State to call the Twnes Embassy and the next thing you know you have a "MOU" and a photo op... the press (bless their illiterate souls) who don't know the difference between a fart and a fact share the good news with the world that Taiwan is going to donate 1 billion dollars to LF to build a nuclear power plant out of auto parts to sell electricity to power the Metro...no scam...just dum
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
scam ...is such an ugly word
From: Dominican Republic
Hey Pichardo...that's how it happened didn't it !?!
You know who "Frank" is don't you, Pichardo!?!
"A" for effort buddy, but NYU night school business degree will never replace a feasibility study, business plan, and a few years of actual experience in the sector that you plan on doing something "genius" that didn't occur to anyone else that has decades of experience in the industry.
Caonobo1, DaniDR, and JCjua...stick with us, what looks like cynicism to some looks like unpolished pearls of wisdom to others.
Michaeltravels...agreed, there are tremendous opportunities in the DR for a wide variety of things that never have even occurred to LF or any of his brilliantly mediocre. You sound like someone with a head on their shoulders. You have experience in the auto parts industry? Maybe you would like to talk some more about what CAN be done??
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
you mean like a diamond in the rough .........they dont come that rough
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
we will have to return to the ugly word
From: Dominican Republic
Ok, ok; there is that little issue regarding the commission that they expect, are already calculating, and likely already spending in anticipation but again....not "scam".
From: United States
Gringo, that was an interesting, but entirely feasible scenario. i have been expressing the same sentiments throughout my postings regarding some of these scatterbrained ideas, but you are more articulate than i am, and your article should make things clear for all who can read. i just have a sneaky feeling that some political hacks are being paid to spend sleepless nights dreaming up silly projects to be unleashed in the media: you know the kind which will cause the people to think that Leonel and the boys are forward thinkers. nuclear plants from auto parts...hmmm... we might yet see that idea floated in the press by some attache of Diandino Pena!
From: United States
Hello, don't get confuse with dominicans doing good front fences with car body frames and parts, molds runs in the millions and skilled work force not available for the task, this is another scam for foreign investors and countries diplomatic donations, like always.
lol
From: Dominican Republic
It is a little bit of a hustle though...they do make consciously misleading forward leading statements and overly optimistic projections intended to over inflate confidence and draw the investor into a premature commitment from which they are conscious that there will be opportunities for personal profit for themselves even in the event of an unsuccessful venture and the efforts to implement it and not not just from a success...hmm ...how about "racket" ? Can we settle on "racket "?
From: Dominican Republic
I've heard crazier than that ! (remember nuclear to auto...you heard it here first folks!)
From: United States
i just have a sneaky feeling that some political hacks are being paid to spend sleepless nights dreaming up silly projects to be unleashed in the media: you know the kind which will cause the people to think that Leonel and the boys are forward thinkers. nuclear plants from auto parts...hmmm... we might yet see that idea floated in the press by some attache of Diandino Pena!
0000
Nailed !!!
From: United States
Its like building a structure upside down, without a foundation !!!!
Thats the best way to become rich with government resources, lying!!!
From: United States
If Balaguer wasn't dead, and regain power, How many will be in Jail;?
lots!!
From: Dominican Republic
Again, why is everyone so quick to use such harsh language..."lying"...it's not really lying...it's... statistics....yeah, that's it! That's the ticket! Statistics!
From: United States
In political science, Dominican State would be considered a "Prostitute State"
From: United States
statistics, Gringo? where? here?
From: United States
People at DR measure the economy base on their checking accounts !!!
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
From: United States
Goulet, this just seems to be an outfit that attempts to bring some order to the procurement process. however, it will be all for nought once the parts arrive. then the local modalities kick in and the stuff is still tied up interminably at the wharf until the appropriate comision is paid to the relevant botella!
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
if it walks and talks like a scam.....sorry I meant somebodys trying to make a buck......when are we gonna get started on those wheelbarrows?
From: United States
actually, Goulet, wheelbarrows and similarly uncomplicated devices will be a good place to start light assembly. this is a realistic proposal. stuff like office furniture, upright fans, etc.maybe we already have that : i don't know.
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
what no nuclear power? i am so disappointed
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
what about those Mercedes type cars?
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
that is garden hoes?
From: Dominican Republic
no comment
From: Dominican Republic
Here is something for you guys to think about: both India and China are in the process of making, small, brand new cars for less than us$5,000. The DR could become a place where these cars are assembled and then sold to the locals and to the rest of Latin America. Will anyone care enough to start this ball rolling?
From: United States
first we have to figure out electricity! these manufacturing plants do not like regular stoppages in their supply of current. actually, india is about to unleash a car for 2,500. then they are going to give us a compressed air machine. yes, this is the same india which Edward from massachussets claims is developmentally behind us!!!
From: United States
Goulet, are you speaking of garden hose ,or common and garden hoes?
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
garden implements picks shovels rakes and hoes....spelled hoe and the thing to distribute water is a hose...all of these things will fit in the ubiquitous wheel barrow
From: United States
is that the type of hoe which is used as a horticultural implement, or some other genus?
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
not to be confused with the santa claus variety......ho ho ho
From: Dominican Republic
I don't know what you two are talking about!?! I'm talking about HOES!
I can't believe no one latched onto that ho comment; just you two jokers and your garden implements of mass destruction. :-(
I was looking forward to some do-gooder chastising me so that I could pull out some classic Hipólito economic pearls to throw back at them.
From: United States
hey Gringo, don't chastise me so roundly just because i am a bit confused by what you meant! now i know you mean HOES! is that what you meant? (sorry) and just because no do-gooder attacked you precludes you from regaling us with some pearls of wit. i await a good laugh: this posting thing is wearying! give us hippo, for chrissake!
From: Canada, Toronto ,Cabbagetown,Parliament and Gerrard
4 more years of hippo ...4 more years of hippo....o goody
From: United States
Like the Car industry its so stupid to fell for it !!
LOL
gouletcolonial: Why is it beyond the realm of possibility????
Another area of investment is in the realm of re-manufactured (overhauled) mechanical and electrical items such as alternators, generators, engines and thelike for local consumption. Replacement body parts of fiberglass construction is another possibility.
I see plenty of opportunity for manufacturing in this country of high unemployment.
TB
If this a Zona Franca operation then it won't benefit the local market. As the materials will be shipped in and the product shipped back out. (we all know how that works)
However it should open some jobs so thats a good thing.
Already researching, "Reverse Globalization" due Fossil fuel, and weak US economy. LOL
Besides we buy raw material to local manufacturing companies, such as carton (cartones del caribe, servicios industrials rierba etc)
So at the end we get benefits.
Is the clothing being produced generating good jobs for the population or just for the DR army?
Perception, watch out what kind of clothing you wear. If it is a good quality Jeans it could've been made in the DR, the same about dress shirts and slacks. Although, I don't think the general DR public can afford them.
I hope ASG Renaissance can find the investors to make this a success story and create jobs for Dominicans.
PERCEPTION:
Ranting, Voodooing, Hating at all things Dominican, can't stop what's inevitable. We are moving, slowly but surely into the 21 century
Thanks for the update on your business, sadly it has been years since I have been involved in the Zona Franca's. However if the DR keeps up it's part of the deal surely more will catch wind of this and you will see several companies bringing their business here.
It has taken this many years for the current governent to fix what the past one destroyed.
A major Dominican/Canadian/American group has come together to start a new car company in the DR. The aim is to build a plant in close proximity to Santiago so that a flow of workers can be kept for the plant.
They have hired retired engineers that span from US automakers Ford, Chevrolet, Chrysler and Europeans from Volvo, Daimler, Jaguar, Saab and Fiat.
The name of the new company is Tecnologias de Transportacion Dominicana "TTD".
Already some prototypes of the models to be built have been made along some mock-ups for impact. The first models will be code named:
"Areito" A compact fun, very inexpensive like Kia's entry level.
"Taino" A basic platform like a Corolla or Sentra.
"Cacique" A mid size sedan like Honda accord.
"Gran Cacique" A luxury mid size sedan like Acura.
"Unnamed" A full size entry sedan like E-class Benz.
"Unnamed" A full size Luxury sedan like top.
A lot is riding behind Fernandez run for a continuity seat at the presidency this year...
The raw materials for the car manufacturing plant will be almost 90% local Dominican sources...
Microchips and concerning electronic materials will be provided from Taiwan and Korea.
2009 will be a great year for all Dominicans in the country and abroad as well...
It won't matter if you're Haitian! After all, you're our brothers on the island and will benefit as well!
We aim to provide for the local market as well as to the region of the Caribbean and LA.
The US market is needed to drop inventory little by little while introducing the new makes into the market there.
We'll have zero competition for a long while in the DR... And! That end will have an open mind about merging with a bigger international automaker when the time comes...
"Feel sorry for Your tiny, little brain cells"
Save 5% in producing costs and quality control, and the day a recall comes the money this auto parts would loose would be inmense, not to mention lost contracts to supply the parts.
By the way, the consultant’s name is Lizabeth (not Beth) and her last name is spelled with an “I” not an “e”.
Would you aloud me to laugh please, Thanks
LOL
As for the production of a car by 2009 I agree with you it sounds unrealistic.
But the article is not talking about building a car, the company ASG Renaissance is just a marketing tool to which DR will pay $65,000 in fees for the sole purpose of finding investors and not to build cars, is just to make auto parts.
As for the resources needed to make auto parts you should lookup Falconbridge (Falcondo) and its Nickel extracrions. If I'm not mistaken one of the side products is Iron. Given the product is already in the country we should be able to acquire it at a lower prize.
"Falcondo Nickel Refinery is an operating smelter/refinery in Dominican Republ. " (c) Copyright 2007 Raw Materials Group
I cannot tell you Specifically what kind of mineral will be needed for auto parts.
I'll leave the number crunching to the consultants and the investors. US$65,000 is not that much for a reliable study and possible investors. Or you prefer someone in the government to get a 4X4 with the money?
BTW, Falcondo does sell electricity to the Dominican Republic.
Plus as I read in another Dominican Today article, DR is getting ready for the Monte Grande dam. Do you think they want to provide electricity to the public or some possible investor who might want to use the electricity?
I believe China owns Falcondo right now. I wonder if they have access to nuclear energy...
What I do know is the potential I see in the Island based on over twenty years in the automotive industry, specifically, tier 1 suppliers of interior components.
I came on vacation and saw similarities to certain offshore work forces and advantages that the DR holds as well. I have dealt with plants and sourcing from China, Korea, India as well as Mexico, Brazil and Honduras. I can tell you that those locations offer as many challenges as the DR does in some areas and they are not all they are cracked up to be simply because they have a surplus of cheap labor.
I just entered this conversation after seeing the headline and was surprised that someone saw the same opportunity in this Island that I did aside from the fact that I literally fell in love with the place.
What probably happened is that some keener (we'll call him Frank) got to talking over beers with some recent contact who happened to mention that he knows some Taiwanese guy that works for an auto parts manufacturing firm. The keener got a bright idea and said "Hey I know Eddie Martinez" and suggested that the have a meeting...they meet and the conclusion from the Taiwanese guys was that they could investigate the idea; what Frank heard, "YES!". Then Frank gets the Secretary of State to call the Twnes Embassy and the next thing you know you have a "MOU" and a photo op... the press (bless their illiterate souls) who don't know the difference between a fart and a fact share the good news with the world that Taiwan is going to donate 1 billion dollars to LF to build a nuclear power plant out of auto parts to sell electricity to power the Metro...no scam...just dum
You know who "Frank" is don't you, Pichardo!?!
"A" for effort buddy, but NYU night school business degree will never replace a feasibility study, business plan, and a few years of actual experience in the sector that you plan on doing something "genius" that didn't occur to anyone else that has decades of experience in the industry.
Caonobo1, DaniDR, and JCjua...stick with us, what looks like cynicism to some looks like unpolished pearls of wisdom to others.
Michaeltravels...agreed, there are tremendous opportunities in the DR for a wide variety of things that never have even occurred to LF or any of his brilliantly mediocre. You sound like someone with a head on their shoulders. You have experience in the auto parts industry? Maybe you would like to talk some more about what CAN be done??
lol
0000
Nailed !!!
Thats the best way to become rich with government resources, lying!!!
lots!!
I can't believe no one latched onto that ho comment; just you two jokers and your garden implements of mass destruction. :-(
I was looking forward to some do-gooder chastising me so that I could pull out some classic Hipólito economic pearls to throw back at them.
LOL