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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.

English

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Investment promotion

The Dominican Republic has achieved a major boost in FDI since reforms were undertaken in the 1990s. As chapter I notes, FDI has been a significant force in economic diversification. The Dominican Republic has now adopted a more ambitious development objective that emphasizes a shift to higher-value added and more technology-intensive goods and services. Again, FDI can play a leadership role in achieving this objective.

English

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