{"id":11333,"date":"2025-03-30T16:23:27","date_gmt":"2025-03-30T16:23:27","guid":{"rendered":"https:\/\/dmklawyers.com\/?p=11333"},"modified":"2025-03-30T16:23:30","modified_gmt":"2025-03-30T16:23:30","slug":"president-mentions-semiconductor-strategy-in-dominican-republic","status":"publish","type":"post","link":"https:\/\/dmklawyers.com\/en\/president-mentions-semiconductor-strategy-in-dominican-republic\/","title":{"rendered":"President mentions semiconductor strategy in Dominican Republic\u00a0"},"content":{"rendered":"\n<p>Participating at the closing of the Council of the Americas,&nbsp;President Luis Abinader said&nbsp;that the Government is promoting the National Semiconductor Strategy (Enfis), which will be the foundation of an economy that aspires to be an important part of the Fourth Industrial Revolution.&nbsp;<\/p>\n\n\n\n<p>&#8220;This strategy means we will be promoting the development of the semiconductor industry in the region, to complement the reindustrialization process&nbsp;of that sector in the United States,&#8221; he said.&nbsp;<\/p>\n\n\n\n<p>&#8220;This effort highlights the positive synergy that we are experiencing today, the Government and you, businessmen, with whom we have established a relationship that goes beyond just trade,&#8221; he said.&nbsp;<\/p>\n\n\n\n<p>He stressed that the impact of this relationship of trust is reflected in the development of strategic sectors that have made the Dominican Republic a key destination for advanced manufacturing.&nbsp;<\/p>\n\n\n\n<p>He also said that prestigious global companies such as Medtronic, Jabil, Baxter, B. Braun, Accumed, Cardinal Health, Eaton and Rockwell, have bet on the country, choosing it as a safe destination for investment.&nbsp;<\/p>\n\n\n\n<p>&#8220;The results we can show as a country are due, to a large extent, to the strategy we have encouraged in response to the demands of an ever-changing global economy,&#8221; he said.&nbsp;<\/p>\n\n\n\n<p>He said that strategic alliances have been forged with prestigious international academic institutions, such as Purdue University, &#8220;which has allowed us to draw a roadmap to develop a highly trained workforce in the semiconductor industry.\u201d&nbsp;<\/p>\n\n\n\n<p>In his presentation entitled &#8220;Dominican Republic: building the future through stability and investment&#8221;, the President said that nearshoring emerges as a competitive option in contributing&nbsp;to fortifying the supply chain of strategic sectors, by approaching their target markets with greater security, efficiency and reducing dependence on distant regions.&nbsp;<\/p>\n\n\n\n<p>President Abinader, accompanied by Vice President Raquel Pe\u00f1a and First Lady Raquel Arbaje, indicated that it is not only a place to do business, but also an excellent industrial and logistics platform&nbsp;and a strategic partner willing to accompany North American companies interested in expanding and growing.&nbsp;<\/p>\n\n\n\n<p>&#8220;The Dominican Republic is a safe and reliable destination, which is ready to receive investments from the companies here today, to be the home of new productive operations and to offer an environment conducive to&nbsp;forming&nbsp;new businesses, as we have been doing.&#8221;&nbsp;<\/p>\n\n\n\n<p>He highlighted the words spoken by the Dominican hero Juan Pablo Duarte in the nineteenth century: &#8220;Progress is not magic, it is the fruit of bold decisions and unbreakable alliances,&#8221; and said that those words resonate today with renewed strength and are a reminder that the greatness of a nation is not built alone.&nbsp; but, with the sum of wills, in the union of efforts and in the clarity of a shared purpose.&#8221;&nbsp;<\/p>\n\n\n\n<p>&#8220;I assure you that we will continue to work tirelessly&nbsp;here in&nbsp;Government, taking firm steps to materialize our country&#8217;s vision of development and consolidate ourselves as a world-class industrial and logistics platform.&#8221;&nbsp; In attendance were the ministers of the Presidency, Jos\u00e9 Ignacio Paliza; of Industry, Commerce and MSMEs, V\u00edctor Bison\u00f3 and the governor of the Central Bank, H\u00e9ctor Valdez Albizu, among others.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Participating at the closing of the Council of the Americas,&nbsp;President Luis Abinader said&nbsp;that the Government is promoting the National Semiconductor Strategy (Enfis), which will be the foundation of an economy that aspires to be an important part of the Fourth&#8230;<\/p>\n","protected":false},"author":9,"featured_media":11331,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[149],"tags":[],"class_list":["post-11333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-in-dr"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>President mentions semiconductor strategy in 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