Santo Domingo.- Dominican Republic Export and Investment Center’s (CEI-RD) new director yesterday pledged to work to double the entry of foreign investment and exports, during a ceremony where the newly designated Industry and Commerce minister José del Castillo was also present.
Jean Alain Rodriguez said the Dominican economy’s main drive is foreign investment. “We’ve set an aggressive strategy to attract more investment to the country showing our qualities of geographic location, economic stability, natural resources and, above all, institutional and legal security."
"Likewise, we’ll promote Dominican products abroad showing their quality and competitiveness in international markets," said the new head of the CEI-RD, who holds the rank of minister.
"We’re committed to real change and show that if we can organize an agency to become a management model in which public officials are true civil servants with expediency and efficiency, and above all with the highest respect for law and the citizens, who are its reason for existence,” said Rodriguez, a specialist in international law, foreign trade and regulation in both the private and public sectors.
Written by: juanb, 21 Aug 2012 12:42 PM
From: Dominican Republic
At the very least, in typical government fashion, the will report double the previous numbers, even if they actually went down.
From: Dominican Republic
Jean Alain Rodriguez said the Dominican economy’s main drive is foreign investment.
In other words we want more money laundering and are happy if the drug cartels buy our luxury apartment buildings so that we can buy our wives and girl friends and mistresses more Cartier watches.
From: United States, Brooklyn
here's a future president!
Written by: Trujillo, 21 Aug 2012 4:04 PM
From: Dominican Republic
Nobody is talking about money laundering, dumbass.
From: United States
seems like someone needs to do some reading , and studying, about the effects of foreign domestic investment in developing economies. i am not encouraged by the focus of this new government. plans for 10 million tourists, and more cruise ships, are putting dependency in the areas that have proven to be unsustainable, and anachronistic ideas.
Written by: RonEvane 
, 21 Aug 2012 5:37 PM
From: United States, Gaithersburg, Maryland
Mr. Dread.
I must be a total dumb-a because I can't understand your read as to how an increased in tourism can possibly be bad for DR!
I think we discussed this matter previously but never got to dissect the exact causes of this tourist influx affliction.
I'd like to know why (in short order), you think an increased in commerce can equate to a step closer to financial ruin?
I plan on establishing souvenir shops in the north coast, so your answer is very important to my future endeavors. Thank you in advance.
From: United States
an crease in tourism would be beneficial, if locals benefitted. however, the trend in modern tourism is moving towards further exclusion of local people from the benefits. in early times, tourism was a business in which wealthier, more educated people, vacationed abroad, to see new cultures, and meet new people, and learn about new places. tourism has changed. with globalization and its discontents, people have had a chance to see each other, and many do not like what they see. some matron from Iowa does not want to be bothered by some hustler, trying to sell her a black coral earring, under pressure. the all inclusive is the only workable solution, in that case. the problem, of course, is that all inclusives shut out the locals. in the cruise ship business, the direction is towards total exclusion of locals, to the point that some cruise lines are buying their own islands, or leasing the port facilities for 99 years, and fencing them off.
From: United States
the cruise lines operate, and own ,virtually everything. they sell the tours on board the ship. they tell the passengers where to shop. they buy their fresh fruits and veggies in containers, from Miami. if you believe that the coastal and marine degradation that they cause is worth a few dollars, more power to you.
Written by: RonEvane , 21 Aug 2012 6:02 PM
From: United States, Gaithersburg, Maryland
I see. Thanks for your explanation. It does make sense. (no sarcasm).....still.
From: United States
Ron, i mean this, in all sincerity. get yourself a book called LAST RESORTS, by Polly Patullo. it will open your eyes, in a way that will amaze you. after you read it, you will understand what we caribbean people are up against, in the matter of tourism.
Written by: synapse, 22 Aug 2012 11:04 AM
From: United States
Hey RonEvane, If you are dumb enough to invest in souvenir shops in the north coast Can I sell you a really nice bridge too?
Written by: RonEvane , 22 Aug 2012 3:19 PM
From: United States, Gaithersburg, Maryland
A bridge? Well, I dunno! Is it in good condition?
Written by: RonEvane , 22 Aug 2012 3:21 PM
From: United States, Gaithersburg, Maryland
Dread. I will buy this book and read every word of it! Thanks for the reference!
From: United States
my pleasure, Ron. if you were in the DR, i would have sent you my copy, which i should get done reading , by tomorrow. if is fascinating. you will not be able to put it down, i assure you.
From: United States
for starters, Ron, do you know that cruise lines own five private islands in the caribbean, and so have no contact, whatsoever, with the outside society? do you know that Richard Branson, of Virgin, also has his own island, and so his airline passengers are insulated from the " natives"? i kid you not!! do you know that the name Haiti does not appear on the travel brochure for the cruise ship port on that island? yes, it is called Labadee, and the brochure describes it as " a private island off the coast of Haiti". the move is towards more and more isolation, not integration. the benefits are declining, day by day.
Written by: Escott, 22 Aug 2012 7:48 PM
From: Dominican Republic, Cabrera and Sosua a 2 days a month for payday
Dreadlocks, the self appointed expert in everything. If he cant impress them with his mind he baffles them with his BS! Go back to Puerto Plata with your ho's!
From: United States
Escott, the guy whose IQ is less than his shoe size, pipes in with his episodic idiocies, to remind us that he is still alive. Escott, nobody cares. by the way, Escott, when you pluralise a noun, you do not use an apostrophe. see what happens when you drop out of school in the third grade?
From: United States
I'm not a rocket scientist, but given the current exchange rate for the Peso and all other currencies why not allow foreign investments? I plan on investing in the Dominican Republic not to get rich but to help teach others there how to become prosperous and then go to other countries to invest. There is no such thing as a poor Christian, only those that don't have money. We are rich in many ways according to our faith. And, money is not the end all.
From: United States
who says that the DR does not allow foreign investment?
From: United States
La Sirena being bought out by Walmart, tourism needed from other countries to sustain the industry, exporting of goods, all of this is foreign investments. Yet, some thing that it should be limited. I hate to say it, but many of the American dollars in the US are by foreign investors. Money is money as long as it's clean. And, money in by itself is amoral. The use of it is what causes ethical and moral dilemas.
From: United States
says the Prodigal
exporting of goods, all of this is foreign investments.
maybe i was absent on the day when they taught that one in economics class.
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At the very least, in typical government fashion, the will report double the previous numbers, even if they actually went down.
In other words we want more money laundering and are happy if the drug cartels buy our luxury apartment buildings so that we can buy our wives and girl friends and mistresses more Cartier watches.
here's a future president!
Mr. Dread.
I must be a total dumb-a because I can't understand your read as to how an increased in tourism can possibly be bad for DR!
I think we discussed this matter previously but never got to dissect the exact causes of this tourist influx affliction.
I'd like to know why (in short order), you think an increased in commerce can equate to a step closer to financial ruin?
I plan on establishing souvenir shops in the north coast, so your answer is very important to my future endeavors. Thank you in advance.
I see. Thanks for your explanation. It does make sense. (no sarcasm).....still.
Hey RonEvane, If you are dumb enough to invest in souvenir shops in the north coast Can I sell you a really nice bridge too?
A bridge? Well, I dunno! Is it in good condition?
Dread. I will buy this book and read every word of it! Thanks for the reference!
exporting of goods, all of this is foreign investments.
maybe i was absent on the day when they taught that one in economics class.