- Energy and mining attracted over US$3.5 billion in foreign investment
Between January and March 2025, the energy and mining sectors jointly attracted US$516 million in foreign direct investment (FDI), accounting for 39% of the total received during this period, which amounted to US$1,329.3 million.
Out of this total, US$341.5 million went to the energy sector, representing 25.69% of the national total, while US$174.9 million were directed to the mining sector.
This last figure was key to the mining sector achieving a year-on-year growth of 389.92%, positioning it as one of the most promising sectors for development.
“The sustained dynamism of these sectors confirms the confidence of international investors in the country’s strategic vision, which supports a responsible energy transition and a modern, sustainable mining industry,” said Minister of Energy and Mines, Joel Santos.
He noted that in the past three years, both sectors have attracted more than US$3.5 billion in foreign investment, including record annual inflows to the energy sector in 2023 (US$1.071 billion) and 2024 (US$1.14 billion), making it the second-highest foreign capital attracting sector, behind only tourism.
Strategic projects for energy expansion
Santos indicated that, driven by this investment, major projects are underway that will add 2,179 megawatts (MW) to the country’s installed thermal capacity between 2025 and 2028—an increase of 54% during that period.
He highlighted key developments for this year, including the launch of CESPM 4 (Energas) in San Pedro de Macorís, which will add 130 MW; the SIBA cycle closure in Boca Chica, adding 68 MW; and Manzanillo Power Land (Energía 2000) in Manzanillo, Montecristi, expected to contribute 414 MW when it comes online by the end of 2025.
Ongoing renewable energy projects
The minister also emphasized the country’s progress in renewable energy, with a growing and diversified portfolio.
Currently, there are 33 projects in commercial operation, totaling 1,418.47 MW; 20 under construction that will add 1,006.25 MW; 22 at the start of construction (1,551.37 MW); 26 in final permitting stages (1,712.48 MW); and 25 with provisional concessions (1,280.37 MW).
Among the most significant projects set to inject power into the grid this year are the solar parks:
- Mirasol in Guerra (100 MW)
- Cotoperí, in La Romana (146 MW)
- Sajoma, in San José de las Matas (76 MW)
- Coastal, in San Pedro de Macorís (110 MW)
- Payita I, in María Trinidad Sánchez (50 MW)
“These developments are building a more resilient, sustainable, and diversified power system,” the minister concluded.
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