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Investment Policy Review - Dominican Republic

image of Investment Policy Review - Dominican Republic

Foreign Direct Investment (FDI) has had a presence in the Dominican Republic since as early as 1890 and has played a prominent role in its economic development. A new ambitious development goal has now been set that focuses on making the country a regional leader in high-value-added manufacturing and services. In light of this objective, United Nations Conference on Trade and Development (UNCTAD) carried out this Investment Policy Review. It provides an overview of FDI trends and impact, examines the investment framework and proposes a new investment promotion framework.

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The investment framework

The Government of the Dominican Republic has stated that attracting world-class foreign investment is one key ingredient that will allow it to renovate its economic development model and diversify its economy to focus on higher value-added manufacturing and services. To achieve this objective, the authorities aim at making the country an ideal investment location. It is therefore against this very ambitious goal that this chapter reviews the Dominican Republic’s policy framework and recommends improvements to the investment climate.

English

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