{"id":7290,"date":"2021-10-14T16:17:00","date_gmt":"2021-10-14T16:17:00","guid":{"rendered":"https:\/\/dmklawyers.com\/?p=7290"},"modified":"2022-05-17T17:58:07","modified_gmt":"2022-05-17T17:58:07","slug":"sector-grew-by-more-than-25-at-the-end-of-the-third-quarter-of-the-year","status":"publish","type":"post","link":"https:\/\/dmklawyers.com\/en\/sector-grew-by-more-than-25-at-the-end-of-the-third-quarter-of-the-year\/","title":{"rendered":"Sector grew by more than 25% at the end of the third quarter of the year"},"content":{"rendered":"\n<p>The Dominican Association of Free Zones (Adozona) reported that according to preliminary data they have obtained from the Dominican authorities, that sector grew by more than 25% at the close of the third quarter of the year, comprised between January and September 2021, compared to the same period of 2020, and more than 17% if compared to 2019.<\/p>\n\n\n\n<p>He explains that according to preliminary data, free zone exports as of September 30, 2021 exceeded US$5.25 billion, which represents an unprecedented figure in the country.<\/p>\n\n\n\n<p>The president of Adozona, Luis Jos\u00e9 Bonilla, described the results as extraordinary and a demonstration that this sector has been vital for the recovery of the economy and jobs in the Dominican Republic.<br>He highlighted that at the end of September, these companies employed more than 180,000 people directly, when in February 2020, before the pandemic, there were only 170,000.<\/p>\n\n\n\n<p>&#8220;The recovery has been total and that is thanks to two things mainly: The first is the legal framework that exists in our country, so we must continue to preserve it without variations as a fundamental basis of confidence and the opportunities we have to attract more investment and generate more jobs; and the second is the successful strategy of public-private work that we have carried out together with the Ministry of Industry and Commerce taking advantage of nearshoring and the opportunities brought by the readjustments of value chains worldwide.&#8221;<\/p>\n\n\n\n<p>He endorsed the statements of the Minister of Industry, Commerce and Mipymes, V\u00edctor Bison\u00f3, who defended the legal framework of the free zone regime in the country.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dominican Association of Free Zones (Adozona) reported that according to preliminary data they have obtained from the Dominican authorities, that sector grew by more than 25% at the close of the third quarter of the year, comprised between January&#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":[],"class_list":["post-7290","post","type-post","status-publish","format-standard","hentry","category-investment-in-dr"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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