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2 DOMINICAN REPUBLIC AT A GLANCE Capital: Santo Domingo Population: ~ 9.9 Million Area: 48,700 Km2 Climate: Tropical(Avg. 25.4˚C / 77.7˚ C) Government:

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Presentation on theme: "2 DOMINICAN REPUBLIC AT A GLANCE Capital: Santo Domingo Population: ~ 9.9 Million Area: 48,700 Km2 Climate: Tropical(Avg. 25.4˚C / 77.7˚ C) Government:"— Presentation transcript:

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2 2 DOMINICAN REPUBLIC AT A GLANCE Capital: Santo Domingo Population: ~ 9.9 Million Area: 48,700 Km2 Climate: Tropical(Avg. 25.4˚C / 77.7˚ C) Government: Presidential Republic President: Lic. Danilo Medina (2012-2016) Internet TLD:.do Labor Force : 5.0 Million GDP: US$ 64 Million GDP per cápita: US$6,480.9 FDI 2015: US$2,208.5

3 WHY DO BUSINESS WITH THE DOMINICAN REPUBLIC?

4 DOMINICAN PRODUCTS IN THE WORLD RANKING #1 Exporter of Sugar Cane to Spain #1 Exporter of Cigars to the USA #1 Exporter of Rum to Chile #2 Exporter of Cocoa to LAC #3 Exporter of Rum to The Netherlands #5 Exporter of Cocoa Beans to Japan #4 Exporter of Pepper to the USA #4 Exporter of Avocados to the USA #5 Exporter of Rum worldwide 9

5 AGRIBUSINESS The Dominican Republic, a nation of many gifts, is ideal for farming and exporting its produce 365 days a year. To name a few, we can mention, its excellent geographic location, its temperate climate, which is ideal for the production of a great variety of agricultural products; the continued improvement in expediting commercial flow through local customs; our advanced sea and air transport infrastructure; a favorable legal framework of incentives for exports and preferential access through our free trade accords; creating over 58,000 direct jobs and market opportunity for over 150,000 agricultural producers. Several Dominican products are currently world market leaders in regards to their production and exports; we are the number one cigar exporter in the world, the main exporter of rum to Spain, and the second largest cocoa exporter in Latin America. This data confirms that when dealing with agribusiness products, DR Exports is the right place to be. Pineapple Banana Mango Coffee Tobacco (in all its variations) Cocoa and its derivatives Green and bell peppers Rum Beer Avocadoes Cassava bread …and many more!

6 HEALTH & BEAUTY The Dominican Republic is one of the principal suppliers of dental floss, pacemakers, and various disposable items, as well as I.V. solutions, among others used by hospitals in the United States. This is possible due to a skilled work force at competitive costs and an efficient logistics infrastructure which allows for fast and reliable shipment of cargo to the American, European, Central American, and Caribbean markets, generating US$1.281 Billion in exports of medical and pharmaceutical products during 2014. Medical devices Blood transfusion kits Hair products Toothpaste

7 CONSTRUCTION The construction sector is one of the most dynamic in the Dominican Economy. We are regional leaders with the least time and cost for exports, thanks to our advanced transport services which facilitate foreign trade. A complete range of construction products, from White Cement, Coral Stones, Steel Wire, Portland cement, to Iron and Steel bars, contributed US$247 million out of the total Free Zones exports in 2014. Our products predominate in the Caribbean and Latin American markets; it is in countries like Colombia, Haiti, Venezuela, and Jamaica, where the Dominican Republic is the preferred construction materials supplier. Steel reinforcing rods Portland cement PVC pipes Coralline stone

8 MANUFACTURING The Dominican Republic offers this sector many advantages for its development and manufacturing activities, such as, skilled labor at competitive costs, a modern infrastructure and preferential access to the markets of the United States, Europe, Central America and the Caribbean. The Textile, Apparel, and Shoe markets, contributed US$1.7 Billion of the total Free Zone exports in 2014. This was due to the fact that the country relies on internationally recognized companies which have chosen us as their manufacturing and sales base for a whole range of products. Textiles (shirts, underwear) Footwear Plastic (disposable cutlery, disposable bottles, disposable tableware, plastic caps, plastic waste) Corrugated cardboard Industrial labels

9 TECHNOLOGY The Dominican Republic is considered one of the primary destinations for the contact center industry in the Caribbean region, since it has a well developed telecommunications infrastructure, a strategic geographic location, and the availability of human resources for the industry who aremotivated, flexible and committed to excellence and quality. Additionally, there are abundant human resources with experience in platforms and internationally known programming languages, among which we can mention, Java,.NET, XML, C#, C++, PHP, HTML, Centura, Delfis, Open System, AS/400, ILE/RPG 400 and Delphos. According to the most recent publication of the 2015 English proficiency Index (EPI), created by Education First, UK, we placed 2ndamong Latin American countries in relation to proficiencyin English as a second language. Software development Call centers

10 ARTISANAL PRODUCTS Thanks to the country’s geology, and having been host to the oldest mining industry in America, the Dominican Republic relies upon mining resources such as Larimar and Amber. The uniqueness of our Larimar gives it a singular personality, since this particular variety of the mineral, colored with its hues of blue, can be found nowhere else on the planet. Both Larimar as well as Amber have become a part of our Dominican identity. Their beauty makes them an ideal material for the creation of jewelry. The artisanal history of the Dominican Republic dates back to the Taino Indians. Today’s, artisanal products, are the result of the marriage between popular creativity, the utilitarian and the beautiful, they are decorative objects that contribute to divulge popular art and to reinforce the National Identity. Craftworks Larimar and ambar jewlery

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