The approach prioritizes talent, infrastructure, and innovation. However, challenges persist in connectivity, financing, and developing the technological ecosystem
The Dominican Republic has positioned itself as a destination with socio-political stability, economic growth, legal security and a legal framework that favors foreign investment.
However, a good business climate is not enough to compete in the market linked to information and communications technologies (ICT).
A study entitled “Foreign Investment Attraction Plan for ICT Companies in the Dominican Republic 2026-2036” identifies the limitations affecting the country’s ability to attract this type of investment.
These include the limited availability of ICT talent to meet the demand of the productive sector, aggravated by the flight of professionals to internation markets.
Gender gaps also persist in training and participation in science, technology, engineering and mathematics (STEM) careers, as well as territorial inequalities in access to digital infrastructure and connectivity.
Added to this are gaps in fiber optic coverage, “still incipient innovation and startup ecosystem, and restrictions on access to financing for technological development.”
Likewise, there is evidence of a weak integration between foreign investment in ICT and the local business fabric, together with the absence of specific incentives for relocation and attracting companies in the sector.
The document also points out the dependence on foreign technologies, the still emerging development of the regulatory framework, and institutional capacities in cybersecurity and data protection.
Against this backdrop, the plan of action is organized in three parts:
Phase One:
- The focus is on state work, in the short term.
- Priority is given to institutional strengthening, regulatory adjustments, and designing training programs to build basic capacities.
- It must be executed between 2026 and 2028.
Phase Two:
- Designed for the medium term.
- The plan must be addressed once the first phase is over.
- It foresees talent scaling, infrastructure consolidation, and ecosystem innovation.
- Scheduled period 2029-2032.
Phase Three:
- Long-term vision.
- Set for 2033-2036.
- The strategy aims to consolidate the country’s position as a regional platform for ICT services.
The report published by the Ministry of Trade, Industry and SME’s details that, by 2036, the country will have strengthened the productive chains and will guarantee the sustainability of the results.
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