{"id":6974,"date":"2021-12-29T15:37:31","date_gmt":"2021-12-29T15:37:31","guid":{"rendered":"https:\/\/dmklawyers.com\/?p=6974"},"modified":"2022-05-10T12:44:02","modified_gmt":"2022-05-10T12:44:02","slug":"government-approved-100-new-companies-in-free-zones-with-an-investment-of-us231-5-million","status":"publish","type":"post","link":"https:\/\/dmklawyers.com\/en\/government-approved-100-new-companies-in-free-zones-with-an-investment-of-us231-5-million\/","title":{"rendered":"Government approved 100 new companies in free zones with an investment of US$231.5 million"},"content":{"rendered":"\n<p>Between January and December 2021, the National Council of Export Free Zones approved 100 new free zone companies with an approximate investment of US$231.5 million and forecasts of 12,575 new direct jobs, according to the Minister of Industry, Commerce and MSMEs, V\u00edctor Ito Bison\u00f3.<\/p>\n\n\n\n<p>Bison\u00f3 described it as a historic year for the Dominican Republic &#8220;for its surprising economic recovery&#8221; and reiterated that procedures are being made more efficient so that investments continue to arrive in the country and generate jobs for all Dominicans.<\/p>\n\n\n\n<p>&#8220;I am delighted to report that this sector has generated US$ 6,500 million for the country.&nbsp;We closed the year with 734 companies operating in 79 industrial parks and more than 182,000 direct jobs,&#8221; he added.<\/p>\n\n\n\n<p>During the meeting, Bison\u00f3 announced the approval of a new free zone park and 24 new companies, entailing an overall investment of more than US$ 78.7 million and 3,918 new jobs.<\/p>\n\n\n\n<p>In addition, statistics presented by the National Council of Export Free Zones show that the 3,918 jobs constitute a record figure in the last 17 years, because this sector has not exceeded 180,000 direct jobs since 2004.<\/p>\n\n\n\n<p>The Central Bank highlighted the free zones performance in economic activity for the period January-October 2021, as one of the sectors that registered the most significant year-on-year variations compared to 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Between January and December 2021, the National Council of Export Free Zones approved 100 new free zone companies with an approximate investment of US$231.5 million and forecasts of 12,575 new direct jobs, according to the Minister of Industry, Commerce and&#8230;<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","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":[151,132],"class_list":["post-6974","post","type-post","status-publish","format-standard","hentry","category-investment-in-dr","tag-free-zone","tag-tourism"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - 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