SANTO DOMINGO.- The industrial sector, including free zones have lost 100,000 jobs in the last 10 years on restrictions affecting competitiveness, said Industries Association (AIRD) president Ligia Bonetti Thursday.
The business leader said however that the government should be smaller and its role isn’t to create jobs, a task which should be left to the private sector instead.
Bonetti, who spoke during the presentation of AIR’s January-March 2012 Industrial Situation Survey which found an increase of 1.4 percent improvement in confidence for the second quarter, said in previous opinion polls the expectations were negative.
The business leader said for the AIRD, the promotion of formal jobs is one of its key goals since it implies not only stability and industrial development, but also the potential to provide a permanent and sustainable social development.
Bonetti said when the industrial sector creates formal jobs it provides currency, pays taxes and leads to individual and family wellbeing.
Another positive aspect the survey found increased investment in production capacity, especially in machinery, plants and equipment, and in technology and transport equipment, especially the medium and large companies.
The AIRD survey also found that for the next quarter 59.7% of companies plan to make productive investments.