SANTO DOMINGO.- During the next five years the industrial sector aims to boost exports from US$8.5 billion in 2011 to US$20.0 billion in 2017; create 300,000 jobs and 2,200 new industries, and to grow from the 209 companies which export more than US$1.0 million, to 500 which would exceed that figure.
The target figures were announced yesterday as part of the conclusions of the 2nd Dominican Industrial Congress, headed by president Leonel Fernandez, where industry leaders set their sights on a new era of development within the next five years.
The industrial sector is currently 26% of the GDP, the biggest taxpayer and which provides the most jobs. It also generates the most currency and guarantees a sustainable macroeconomic stability.
“A broadband relation between the industrial sector and public sector is fundamental," said Congress coordinator Yandra Portela, who read the event’s conclusions.
the presidential candidates Danilo Medina, Hipólito Mejía, Max Puig, Eduardo Estrella and Guillermo also attended the Congress.
Written by: josean, 19 Apr 2012 8:27 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
What are they going to export Overpasses, METROS and ILLITERATE people?
From: Dominican Republic
Can I ask why is this country trying to expand and focus on the two industries that are the most volatile to global economic down turns, Exports and tourism.. ???
Yes they make money but with the EU under so much pressure and the US trying to rebuild it's own productions, DR is looking to place all of it eggs into the tourism and exports basket...??
From: Dominican Republic
Be worried Josie, be very worried!
You'll be the first to go if you don't get on that second line of the metro to the book fair!
I don't think that they'll OVERPASS you for that illeteracy problem of yours ,and your Hipoloco
From: Dominican Republic
@Stillhere
Best cigars to export., soon a great beer, there is room for many other things. I agree that they need to diversify, but.... Tourism is one of the best long-term opportunity for the DR as long as we clean corruption and the environment along with that. You need to find your niche and tourism is a great investment for the future of the DR. You can't sell enough sun, rum, and "coco locos"!
From: Falkland Islands (Islas Malvinas), The Dentist will see you now
Industrial sized agriculture is the great future of the DR ........Selling fruit and veggies to the other islands that cant produce the bounty we have and the Northerners cant get enough fruit and veggies in winter ......Remember Hippo the Farmer .he did nothing for Agriculture in his 4 years
Written by: RoyStone, 19 Apr 2012 12:07 PM
From: Australia
It seems this country's most valuable export is smart guys and beautiful women.
Written by: josean, 19 Apr 2012 12:08 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
dreamkiller,
Here are current customers that are being ignored by the Purple Plague!
“The British want to purchase fruits of RD"
“They say, however, there is difficulty to buy”
SANTO DOMINGO. British sellers of avocados, mangos, pineapples and citrus products in Bristol and Spitafields asked why is "so difficult" buy in the Dominican Republic."
“One year they sell to us the following year the wouln’t even pick up the phne," lamented one of the interviewees, who has operated for years in the most important wholesale market of the United Kingdom in Spitafields, directly opposite the London Olympic Park.”
Source Diario Libre
From: United States
says concatchero
Tourism is one of the best long-term opportunity for the DR as long as we clean corruption and the environment along with that. You need to find your niche and tourism is a great investment for the future of the DR. You can't sell enough sun, rum, and "coco locos
really? says who? do you have any idea of how international tourism is operated? do you think the DR has any control over tourism fortunes? you need to read some realities about the tourist business. go google ¨Tour operators, the gatekeepers of international tourism¨, and get some insights.
From: Falkland Islands (Islas Malvinas), The Dentist will see you now
Josi it has always been very difficult to export produce from the DR quality control SUCKS ......the potential is there but standards and infrastructure have to be upgraded .....I know this form my personal experience
Written by: RoyStone, 19 Apr 2012 12:18 PM
From: Australia
josean,
Perhaps its the same attitude the tourism industry has to repeat business ad customer relations?
From: United States
look at the reports of the tourist boom in Samana. going great, they say. sadly, the data shows that Samana has an 18% return rate. compare that to the 52% of Barbados, and look for reasons why.
From: Dominican Republic
Point taken dread but..
Says who....
Do I have to always prove a personal opinion? One day natural resources such as gold, Iron, and copper, and the space for large plantations will run out. Tourism slows and grows, but it never stops moving. So my opinion is not one simple solution but "all of the above". I also said that "I agree that they need to diversify". Btw, have a look at Costa Rica, where they put aside all resource intensive projects to protect the environment and promote eco-tourism instead. They are not in a slump. It can work where it is well managed!
Cheers,
C
From: Dominican Republic
Right now, tourists are basically stuck on all inclusive resorts because the tour operators are too ashamed to take them on the outside.... Lets face it, do you want to swim in the rivers full of plastic and styrofoam and eat fish caught using chemicals?
If there ever was a good Govt, they would look at a niche market, develop it from specialized education, eco-projects, and natural area development around the national parks.... To name one amongst many, the natural beauty of Jarabacoa could be shared with more than just brave backpackers.
Written by: josean, 19 Apr 2012 1:20 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
dread ,
Do you know or where can I find out:
How much of the tourism dollar/pesos stays in DR?
And of those that leave how many times does it circulate in the local economy before it leaves?
From: Dominican Republic
Dread...
The development of Samana is just getting serious. They just opened the airport. They reported a surge in tourists, not a surge in the return rate. Give it time and if they manage it properly and clean it all up, in less than 5 years the tourists will come once, and they wil return. I also found Barbados much cleaner and the people much more hospitable because the govt and the people promote that image to attract tourism. As far as I am concerned, you are comparing apples and oranges.
C.
From: United States
says Concatchero
Do I have to always prove a personal opinion? One day natural resources such as gold, Iron, and copper, and the space for large plantations will run out. Tourism slows and grows, but it never stops moving.
never stops moving? please go and read about the tourism destination life cycle, by Butler. not only does it stop moving, it dies.
Written by: Atabey, 20 Apr 2012 3:50 AM
From: United States, NYC
Written by: dreadlocks, 19 Apr 2012 2:01 PM
From: United States
"edit"
Your most astute comment so far. LOL
The product needs to improve but the potential is there and good money is on the table.The naysayers will gasp in ten years time when their nonsense will be exposed for its irrationality.
Arriba Dominicana!
Saludos desde Wien, Austria
Written by: anthonyC, 20 Apr 2012 8:22 AM
From: United States
Written by: stillhere,
"Can I ask why is this country trying to expand and focus on the two industries that are the most volatile to global economic down turns, Exports and tourism.. ???"
Tourism I agree with but Exports?
How is "exports" the most volatile to global economic downturns? What kind of exports? What Industry?
Written by: RoyStone, 20 Apr 2012 8:44 AM
From: Australia
dreadlocks, advises
"Samana has an 18% return rate. compare that to the 52% of Barbados, and look for reasons why."
This country's biggest earner is tourism. Why are the alarm-bells not deafening!
Concatchero believes
"One day natural resources such as gold, Iron, and copper, and the space for large plantations will run out."
Mankind has mined since pre-history, but so far the planet has not run out of a single mineral. However we will soon run out of tourists that have never been here before, or who don't know someone who has. During economic downturns, an overseas vacation is the first thing crossed off the list.
Certainly land suitable for agriculture will run out if the population explosion and land mismanagement continues.
I suspect Samana's return rate is not as bad as other places here. I will certainly go there again. I will not be returning to Boca Chica or the Colonial Zone.
Written by: RoyStone, 20 Apr 2012 8:52 AM
From: Australia
Certainly exports are subject to global competition, so maybe we should look at import replacement first?
From: United States
pontificates Professor anthonyc
Tourism I agree with but Exports?
tourism IS an export.
From: Dominican Republic
Tourism I agree with but Exports?
How is "exports" the most volatile to global economic downturns? What kind of exports? What Industry?
Are you really asking this?? Ok .. I'll play... What kind of exports? ALL... What Industry? ALL..
If China's growth fell from 13% to 6.8% at the same time as the US housing crisis in 08 and here is "IMF holds Dominican Republic growth forecast steady at 4.5%" and this happened again what would happen to this smaller number???
As unemployment in the advanced countries increases and the end of commodity export boom in some of the labour developing countries reduces the demand.
The impact of the global recession on countries, namely, the agricultural commodity exporting, is more immediate as fluctuations in these activities directly effects the livelihood of numerous farmers and traders working in these activities. a very basic sum up
Basically if a country has a down turn it reduced demand. As export is demand driven they are the first effected
From: Dominican Republic
So Dread,
Thanks for the suggested read from Butler; interesting but I do not totally agree with him.
Disneyland or Disneywold resorts...... Do they die? No, and why not?
People still go there in good and bad times. Same for popular areas of the world for vacationers.
This country is know for the affordable vacations it offers compared to all the other hot spots, so when the economy is going down, people do not necessarily stay home, they may chose a cheaper vacation in a little Samana Hotel instead of the Ritz Carlton.
I'm not saying that we need to turn the DR into a Mickey Parade....
(Now that this crossed my mind.... The election here looks more like the Mickey Parade, than not)
But, find a market niche and protect that market. Diversify between afordable and high end resorts and sell this market to the world while cleaning the place and giving the tourist what they want above all An unforgetable experience for them and their families.
Cheers,
C
From: Dominican Republic
In bigger countries with lots of land, the resources will still be there when we are all but dust, but the DR's resources are more limited. Once these run out what will there be? Open pits and desolation everywhere. Diversify the economy, and hold on to natural resources as long as possible, while developping, promoting, and protecting tourism.
From: United States
Concatchero asks
Disneyland or Disneywold resorts...... Do they die? No, and why not?
i do not have enough time to go into an explanation, but Disneyworld, and other such resorts, are not the same as an area that builds its reputation on the attractiveness of the surroundings. Disneyworld , and such, are more in the nature of amusement parks, and the clientele is different than those who go to a place like Samana. i will post you some further reading suggestions, maybe tomorrow.
From: Dominican Republic
@Dread
Agreed, but I still believe that if ou make it "special" people will come and return. Not quite like mining.
Thanks Bud!
C.
From: Dominican Republic
Hey,
Why not have a DisneyIsland in Samana???
We could have Hipoloco parades, Danilo Discos, and Josie purple pansie metro races to the book fair!
LOL
C.
From: United States
We have a great news coming out of the industry association, not any political party.
It show our expectation of growing.
Only possible through a hard working goverment..
Thank Mr President! PLD for 200 more years!
From: Falkland Islands (Islas Malvinas), The Dentist will see you now
I have not googled the numbers but my guess is the DR has at least 20 times the number of hotel rooms as Barbados
From: United States
Written by: Concatchero, 20 Apr 2012 12:52 PM
From: Dominican Republic
@Dread
Agreed, but I still believe that if ou make it "special" people will come and return. Not quite like mining.
Thanks Bud!
Concatchero, a country can do its part to make tourism work. in the long run, it is the tour operators who decide where the airline seats go. if Thomas Cook decides that their planes will go to Dubai, and not Puerto Plata, guess what happens? that´s right. hotels end up closing their doors.
From: United States
Concatchero, check this one
Touroperators and destination sustainability
Sandra Carey, Y Gountas.
it is a working paper on the role of tour operators in determining the outcomes of the destination . only problem is that it costs 4 bucks to rent it for a day, but there are many other such articles, for free.
Written by: josean, 20 Apr 2012 8:18 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
Redux:
What are they going to export Overpasses, METROS and ILLITERATE people?
From: United States
When they export illiterate eople , you were talking about yourself..right J.Anne?
From: United States
Acording to FMI, Dominican Republic, Surinam, Panama and Trinidad, are the countries with less debt level in central america and the Caribbean..
listin.com.do/economia-y-negocios/2012/4/15/228927/Nivel-de-deuda-de-Republica-Dominicana-esta-entre-mas-bajos
Thanks PLD !
:)
From: United States
yes, victor. it also ranks just about last in education, at least among countries tested. thanks, PLD. it is better to have a high debt level, and people who can count past ten, than the other way around.
From: United States
by the way, victor, i have no dog in the election fight. the way i see it, whoever wins, you lose.
From: United States
No dread locks..
1.-There is a certain lose -lose situation.Something that we could certanly avoid.
2.-On the other hand , we can live like cubans..better educated, and with a misery to the bones.Education not necessarily goes along with prosperity. Acording to some stats 1/5 of Americans can not identify themself in a map..And they are the richest people in the world..
Do you rather live in Cuba or USA?
From: United States
says victor
2.-On the other hand , we can live like cubans..better educated, and with a misery to the bones
i see misery to the bones, right here, every day. besides, those experiencing the misery have very little opportunity to alleviate it, since they cannot spell their names.
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What are they going to export Overpasses, METROS and ILLITERATE people?
Can I ask why is this country trying to expand and focus on the two industries that are the most volatile to global economic down turns, Exports and tourism.. ???
Yes they make money but with the EU under so much pressure and the US trying to rebuild it's own productions, DR is looking to place all of it eggs into the tourism and exports basket...??
You'll be the first to go if you don't get on that second line of the metro to the book fair!
I don't think that they'll OVERPASS you for that illeteracy problem of yours ,and your Hipoloco
Best cigars to export., soon a great beer, there is room for many other things. I agree that they need to diversify, but.... Tourism is one of the best long-term opportunity for the DR as long as we clean corruption and the environment along with that. You need to find your niche and tourism is a great investment for the future of the DR. You can't sell enough sun, rum, and "coco locos"!
dreamkiller,
Here are current customers that are being ignored by the Purple Plague!
“The British want to purchase fruits of RD"
“They say, however, there is difficulty to buy”
SANTO DOMINGO. British sellers of avocados, mangos, pineapples and citrus products in Bristol and Spitafields asked why is "so difficult" buy in the Dominican Republic."
“One year they sell to us the following year the wouln’t even pick up the phne," lamented one of the interviewees, who has operated for years in the most important wholesale market of the United Kingdom in Spitafields, directly opposite the London Olympic Park.”
Source Diario Libre
Tourism is one of the best long-term opportunity for the DR as long as we clean corruption and the environment along with that. You need to find your niche and tourism is a great investment for the future of the DR. You can't sell enough sun, rum, and "coco locos
really? says who? do you have any idea of how international tourism is operated? do you think the DR has any control over tourism fortunes? you need to read some realities about the tourist business. go google ¨Tour operators, the gatekeepers of international tourism¨, and get some insights.
Perhaps its the same attitude the tourism industry has to repeat business ad customer relations?
Says who....
Do I have to always prove a personal opinion? One day natural resources such as gold, Iron, and copper, and the space for large plantations will run out. Tourism slows and grows, but it never stops moving. So my opinion is not one simple solution but "all of the above". I also said that "I agree that they need to diversify". Btw, have a look at Costa Rica, where they put aside all resource intensive projects to protect the environment and promote eco-tourism instead. They are not in a slump. It can work where it is well managed!
Cheers,
C
If there ever was a good Govt, they would look at a niche market, develop it from specialized education, eco-projects, and natural area development around the national parks.... To name one amongst many, the natural beauty of Jarabacoa could be shared with more than just brave backpackers.
dread ,
Do you know or where can I find out:
How much of the tourism dollar/pesos stays in DR?
And of those that leave how many times does it circulate in the local economy before it leaves?
The development of Samana is just getting serious. They just opened the airport. They reported a surge in tourists, not a surge in the return rate. Give it time and if they manage it properly and clean it all up, in less than 5 years the tourists will come once, and they wil return. I also found Barbados much cleaner and the people much more hospitable because the govt and the people promote that image to attract tourism. As far as I am concerned, you are comparing apples and oranges.
C.
Do I have to always prove a personal opinion? One day natural resources such as gold, Iron, and copper, and the space for large plantations will run out. Tourism slows and grows, but it never stops moving.
never stops moving? please go and read about the tourism destination life cycle, by Butler. not only does it stop moving, it dies.
Written by: dreadlocks, 19 Apr 2012 2:01 PM
From: United States
"edit"
Your most astute comment so far. LOL
The product needs to improve but the potential is there and good money is on the table.The naysayers will gasp in ten years time when their nonsense will be exposed for its irrationality.
Arriba Dominicana!
Saludos desde Wien, Austria
"Can I ask why is this country trying to expand and focus on the two industries that are the most volatile to global economic down turns, Exports and tourism.. ???"
Tourism I agree with but Exports?
How is "exports" the most volatile to global economic downturns? What kind of exports? What Industry?
"Samana has an 18% return rate. compare that to the 52% of Barbados, and look for reasons why."
This country's biggest earner is tourism. Why are the alarm-bells not deafening!
Concatchero believes
"One day natural resources such as gold, Iron, and copper, and the space for large plantations will run out."
Mankind has mined since pre-history, but so far the planet has not run out of a single mineral. However we will soon run out of tourists that have never been here before, or who don't know someone who has. During economic downturns, an overseas vacation is the first thing crossed off the list.
Certainly land suitable for agriculture will run out if the population explosion and land mismanagement continues.
I suspect Samana's return rate is not as bad as other places here. I will certainly go there again. I will not be returning to Boca Chica or the Colonial Zone.
Tourism I agree with but Exports?
tourism IS an export.
How is "exports" the most volatile to global economic downturns? What kind of exports? What Industry?
Are you really asking this?? Ok .. I'll play... What kind of exports? ALL... What Industry? ALL..
If China's growth fell from 13% to 6.8% at the same time as the US housing crisis in 08 and here is "IMF holds Dominican Republic growth forecast steady at 4.5%" and this happened again what would happen to this smaller number???
As unemployment in the advanced countries increases and the end of commodity export boom in some of the labour developing countries reduces the demand.
The impact of the global recession on countries, namely, the agricultural commodity exporting, is more immediate as fluctuations in these activities directly effects the livelihood of numerous farmers and traders working in these activities. a very basic sum up
Basically if a country has a down turn it reduced demand. As export is demand driven they are the first effected
Thanks for the suggested read from Butler; interesting but I do not totally agree with him.
Disneyland or Disneywold resorts...... Do they die? No, and why not?
People still go there in good and bad times. Same for popular areas of the world for vacationers.
This country is know for the affordable vacations it offers compared to all the other hot spots, so when the economy is going down, people do not necessarily stay home, they may chose a cheaper vacation in a little Samana Hotel instead of the Ritz Carlton.
I'm not saying that we need to turn the DR into a Mickey Parade....
(Now that this crossed my mind.... The election here looks more like the Mickey Parade, than not)
But, find a market niche and protect that market. Diversify between afordable and high end resorts and sell this market to the world while cleaning the place and giving the tourist what they want above all An unforgetable experience for them and their families.
Cheers,
C
Disneyland or Disneywold resorts...... Do they die? No, and why not?
i do not have enough time to go into an explanation, but Disneyworld, and other such resorts, are not the same as an area that builds its reputation on the attractiveness of the surroundings. Disneyworld , and such, are more in the nature of amusement parks, and the clientele is different than those who go to a place like Samana. i will post you some further reading suggestions, maybe tomorrow.
Agreed, but I still believe that if ou make it "special" people will come and return. Not quite like mining.
Thanks Bud!
C.
Why not have a DisneyIsland in Samana???
We could have Hipoloco parades, Danilo Discos, and Josie purple pansie metro races to the book fair!
LOL
C.
We have a great news coming out of the industry association, not any political party.
It show our expectation of growing.
Only possible through a hard working goverment..
Thank Mr President! PLD for 200 more years!
From: Dominican Republic
@Dread
Agreed, but I still believe that if ou make it "special" people will come and return. Not quite like mining.
Thanks Bud!
Concatchero, a country can do its part to make tourism work. in the long run, it is the tour operators who decide where the airline seats go. if Thomas Cook decides that their planes will go to Dubai, and not Puerto Plata, guess what happens? that´s right. hotels end up closing their doors.
Touroperators and destination sustainability
Sandra Carey, Y Gountas.
it is a working paper on the role of tour operators in determining the outcomes of the destination . only problem is that it costs 4 bucks to rent it for a day, but there are many other such articles, for free.
Redux:
What are they going to export Overpasses, METROS and ILLITERATE people?
Acording to FMI, Dominican Republic, Surinam, Panama and Trinidad, are the countries with less debt level in central america and the Caribbean..
listin.com.do/economia-y-negocios/2012/4/15/228927/Nivel-de-deuda-de-Republica-Dominicana-esta-entre-mas-bajos
Thanks PLD !
:)
1.-There is a certain lose -lose situation.Something that we could certanly avoid.
2.-On the other hand , we can live like cubans..better educated, and with a misery to the bones.Education not necessarily goes along with prosperity. Acording to some stats 1/5 of Americans can not identify themself in a map..And they are the richest people in the world..
Do you rather live in Cuba or USA?
2.-On the other hand , we can live like cubans..better educated, and with a misery to the bones
i see misery to the bones, right here, every day. besides, those experiencing the misery have very little opportunity to alleviate it, since they cannot spell their names.