Paris, France. – President Luis Abinader held a strategic meeting this Wednesday with French business leaders with the purpose of strengthening trade ties between the Dominican Republic and France and attracting new investments that also allow diversifying the national productive matrix.
The president presented the country as an open, safe economy with democratic and legal stability that guarantees a favorable business climate in the region.
From their side, French investors who already have a presence in the country highlighted the constant economic growth and categorize the Dominican Republic as their main investment destination in the Caribbean region, appreciating the facilities for project development, assuming long-term commitments and keeping an eye on future investments due to the excellent results obtained.
Meanwhile, new firms showed a direct interest in participating in future tenders and projects.
The dialogue took place within the framework of an official agenda in Paris and was organized by MEDEF International, the main private investment network in France.
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During the meeting, which takes place after the successful meeting held last Tuesday, the 24th, with French President Emmanuel Macron, Abinader reaffirmed mutual trust and strong bilateral relations.
He also emphasized that the growth of the private sector is essential for the development of nations and reiterated his commitment to continue creating attractive conditions that generate mutual benefits.
“We are a country that provides real security to investors. Our goal is to open more doors and diversify opportunities so that French capital has a reliable partner in the Caribbean,” said the president.
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In this regard, Abinader highlighted that the Dominican Republic has positioned itself as a regional benchmark by surpassing 5,000 million dollars in Foreign Direct Investment (FDI) by the year 2025, a record figure that consolidates the country as an investment destination.
Strategic sectors for collaboration
Among the strategic areas presented by the Dominican Government for attracting new investments are mass transportation (which already has financing from French companies), renewable energies, infrastructure, the Dominican Republic as a logistics hub, ship assembly, digital solutions to optimize the operations of the public sector, semiconductors, and defense.
The president also highlighted the fundamental role of the French ambassador in the country, Sonia Barney, as a key channel for these investments, ensuring that there is a historical precedent of collaboration between both countries that serves as a basis for continuing on a prosperous path.
