The Dominican authorities project that during 2021 the country will register Direct Foreign Investments (FDI) over US$2,700.0 MM.
Between January-March, the ProDominicana portal registers an investment of US$851.1 MM.
From 2010 to 2020, the Dominican Republic registers Foreign Direct Investments (FDI) amounting to 27,934.7 million dollars, being businessmen from the United States who invested the most with 6,412.4 million dollars.
In that same period, Canadian businessmen invested 4,674.7 million dollars, followed by Brazil, 2,423 million dollars; from Spain 1,850.2 million dollars, Mexico 1,700.2 million dollars, among other countries.
The Foreign Direct Investments were directed to sectors such as commerce and industry, tourism, real estate, mining, electricity, free zones, and the financial sector, among others.
In the case of the industrial sector, it registered between 2010 and 2020, Foreign Direct Investments (FDI) of 6,667.9 million dollars. This sector is followed by the tourism sector with an upward investment of 5,963.6 million in 10 years.
Other sectors that have received the most Foreign Direct Investment since 2010 in the Dominican Republic are real estate with 4,156.4 million dollars in 10 years, mining 3,855.1 million dollars, electricity 2,318.2, the free zone sector with investments of 2,172.6 million dollars, the financial sector received 1,520.9 million dollars between 2010 and 2020, among other sectors.
The data is recorded on the ProDominicana portal, where it is explained that FDI in the Dominican Republic, during 2019, reached US $ 3,012.8 million, representing a percentage increase of 18.8% and becoming the third year in which FDI reaches US$3,000 million throughout the history of the Dominican economy. The previous years, with more than three billion, were 2012 with US$3,124.4 million and 2017 with US$3,570.7 million.
Data from ProDominicana explain that during 2019, before the pandemic, many countries increased their participation in Direct Foreign Investment from the Dominican Republic, thanks to new investments and expansions of projects already established in the country.
The data showed that during 2019 the United States was positioned as the main investor country with an amount of US$948.30 million, followed by Mexico with US$640.20 million, Spain in turn with US$294.30 million, and Canada with US$258.3. These four countries dominate investment in the Dominican Republic, representing almost 75% of total foreign capital.
A fifth country, France, stands out in 2019, with outstanding participation in the tourism sector, according to ProDominicana.
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