Colombian Investment in the Dominican Republic Reaches US$1.533 Billion in Two Years

• Colombian Foreign Direct Investment (FDI) in the Dominican Republic Reaches US$1.533 Billion in Two Years

Colombian foreign direct investment (FDI) is playing a crucial role in the economic development of the Dominican Republic. Over the past two years, several Colombian companies have established operations in the country, totaling over US$1.533 billion in investment. Projections suggest even more investments in 2025 across various sectors, significantly impacting the local economy.

This was confirmed by the Dominican Ambassador to Colombia, Félix Aracena Vargas, who highlighted that the real estate and tourism sectors have been among the primary recipients of Colombian investment.

He noted that the outlook for more Colombian investment in the Dominican Republic is promising, as Colombian companies are in the process of establishing operations and seeking local partners. He cited the case of Comestibles Integrales S.A.S., a producer of cookies and snacks, which is in talks with Dominican entrepreneurs to form alliances and establish a company in the Dominican Republic.

Also, Aeromat, an aerosol products packaging company, plans to develop production plants with an investment of US$4 million, creating 70 direct jobs. Rokasfalto S.A.S., a manufacturer of cold asphalt materials, plans to operate from the Dominican Republic with an investment of US$2.6 million, generating 65 direct jobs.

GLR Consorcio Comercial S.A.S. (MaxiSports), a manufacturer of bicycles and sportswear, is in the process of establishing a business with a projected investment of US$600,000 and the creation of 20 jobs.

Heavy Mogul, a company that manufactures flexible pipes and parts for motor vehicles, established itself in the Dominican Republic in 2024 with an initial investment of US$1.6 million and expects to generate 35 direct jobs.

The theme park and entertainment sector has also attracted Colombian investment. Grupo Panaca, specialized in the development of theme parks, educational projects, hotels, and residential projects, has established operations in the province of La Altagracia with a US$350 million investment. This project is expected to generate 160 direct jobs during the construction phase, 230 direct jobs in operations, and 690 indirect jobs, with a total projected investment of US$1.025 billion.

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