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Santo Domingo. - Direct foreign investment fell US$1.24 billion from 2008-2010, during the current international financial crisis, according to the Dominican Republic Export and Investment Center (CEI-RD) figures.

A CEI-RD graph that analyzes foreign investment’s inflow during the last 10 years shows that the country received US$2.87 billion in 2008, lowered to 2.16 billion in 2009 and then fell to US$1.62 billion in 2010, or similar to the 2007 level, when it closed at US$1.66 billion.

All told, between 2000 and 2010 Dominican Republic received more than US$15.0 billion in direct foreign investment, of which the United States contributed 25.9%, Spain with 15.2%, Canada was 15% and Mexico 11.8%.

The funds were mostly in real estate, tourism, commerce or industries, and telecommunications, with a total attraction of US$9.5 billion. The mining and electricity sector received US$3.01 billion; free zones had US$844.5 million and financial sector US$819.7 million.

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COMMENTS
5 comment(s)
Written by: JimHarrington This user is banned, 29 Aug 2011 10:13 AM
From: United States
Editor,
What is the matter you don't like the truth either?
Written by: Ricardolito, 29 Aug 2011 10:50 AM
From: Dominican Republic, vieja Santo Domingo
Jim you have moved up a gear from being boring to being offensive . All of us have had a comment removed if it does not meet the guidelines and you certainly have had much latitude .
In this article everyone living here can see the prolifreation oof SE VENDE signs ..real estate is moving slowly .
Written by: RobertoJose, 29 Aug 2011 10:54 AM
From: United States, FREEPORT, Long Island.... (Look, beyond the words)
Sure, blame it on the global financial crisis, look at where the monies have been going to. These WHAM BAM THANK YOU MAM type of deals only work for one group in particular and benefits no one else but the elite. If you ask me, I think it was the cause of poor management and the misguiding of investors on leonel's part and not the global crisis as they say.

BTW, what else is expected from a CON JOB, leo goes around telling everyone and their mothers that DR is not affected and its believed because it comes from a president not just any government official.

Audit leo, he is a CON ARTIST. Then , charge him with TREASON for his non-responsive behavior towards government corruption.
Written by: JimHarrington This user is banned, 29 Aug 2011 11:02 AM
From: United States
screw your self ricardolito, because sooner or later the government will screw you.
Written by: anthonyC, 29 Aug 2011 1:51 PM
From: United States
Ever notice how in the D.R. whenever there is GOOD economic news it is because of Dominican Government Policy but when it is bad news it is the Fault of the Global Economy?

No surprise really.

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