Investment Policy Review - Dominican Republic

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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.



FDI trends and impact

Over the last 30 years, the Dominican Republic has developed from an economy relying largely on commodity exports (principally sugar) to one that is more diversified in tourism and manufactured exports. FDI has had a long presence in the country and a prominent role in this transition. The Government is now seeking to move the economy towards manufacturing and services that are more technology-intensive and this suggests a continued role for FDI as a leading agent of change.


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