President Luis Abinader reiterated yesterday that the government is working every day to create the best investment climate and generate opportunities and jobs for the Dominican Republic.
The president assured that this effort is achieving results such as the investment of Goldman Sachs of US$275 million in Diesco, allowing the promotion of the ALYON company.
He said that trust is something that can rarely be materialized in concrete terms because it is a value that has an intangible value that is difficult to see, but which is vital for any development, whether personal or business. “But there are always exceptions, and today here we can see, measure and celebrate what we have been building in this country for more than a year: trust,” he said.
Expansion
The head of state spoke during the event where the DIESCO industry, led by businessman Manuel Diez Cabral, announced a financial operation that will accelerate its expansion in Latin America and which consists of a US$275 million contribution to the company from the leading international investment bank Goldman Sachs.
Abinader emphasized that it is this confidence that has led to the birth of this multi-Latin and multi-sector platform driven by a significant investment made by Goldman Sachs, the leading international investment bank, in Diesco Industries to launch ALYON.
He said this new multi-sector platform is a new packaging and beverage business ecosystem with operations in the Dominican Republic, Puerto Rico and Colombia serving more than 25 countries. He noted that Goldman Sachs, through its investment fund, is betting on this project for which he expressed his gratitude for the trust and commitment to the country.
President Abinader considered that the contribution of Goldman Sachs marks a milestone for a Dominican-owned company and the entire country with a view to continuing its regional expansion.
He added that the investment of this global finance giant, opens the door to Latin America for its flagship fund called West Street Strategic Solutions Fund, with more than $14 billion in capital to invest worldwide. “This is the first investment of the WSSS I Fund in Latin America. And it’s doing it here, in the Dominican Republic. But Goldman Sachs already foresees other investments in conjunction with this new platform throughout the region and we celebrate and support it with the utmost energy,” he said.
Expansion seeks to build opportunities
The president and CEO of DIESCO and ALYON, Manuel Diez Cabral, expressed that the birth of ALYON accelerates its vision of business expansion, with a commitment to continue supporting social, economic and environmental development in the countries where it has a presence, inspired by its noble purpose of building opportunities and transforming lives. “This transformational transaction is an endorsement of an optimistic future,” assured Diez Cabral.
Source:
El Caribe
