Between 2018 and 2022, the current Foreign direct investment from great Britain to Dominican Republic The amount reached 82.3 million dollars, of which 66.8 million occurred in 2022 alone.

This was conveyed by the Director of ProDominicana, Biviana Riveiro, and Deputy Director of the Directorate General of Customs (DGA), Daniel Peña during the Tenth celebration. Dominican Week in Englandwhere it is revealed that global exchange between the two nation It also grew by 15% in the last year.

“That direct investment They continue to flow, and in 2023 we have more than 25 million dollars,” explained Riveiro, who added that the country grew from 294 million dollars in 2021 to 540 million in 2022, according to a press release.

• According to the document, last year the country recorded the arrival of 200,000 people British tourists.

The officials participated in the panel where Dominican Republic as a goal for logistics center and to investment From the American continent. Dominica Week is organized by the British Chamber of Commerce Dominican Republic (Britcham) collaborates with the embassies of both countries.

RD is on its way to achieving the goal logistics center

Deputy Minister DGA underlined that this result was achieved thanks to that fact Dominican Republic continues to take steps to position itself as “Logistics Center“regional advantage.

Quoted various factors who leads the country to achieve its goals, including:

• Delivery of goods within 24 hours.
• New customs law.
• Modernization of X-ray machines.
• Simplification of bureaucratic processes.
• Implementation of a new risk management system.

In that order, he demonstrated that facility so that the country becomes a competitive logistics center provides opportunities for British companies to not only easily export to that country Dominican Republicbut the country is the basis export throughout the American continent.

In a panel held at Canning House in London, entrepreneurs Jaak Ranick, Dirk Hoffman and Ian Jenkings also explained logistical advantages who offers that Dominican port compared to other countries in the region.

Amauris Vásquez, president of Britcham, and Elnio Durán, Dominica ambassador to the UK, highlighted that one of the aims of Dominica week is for British entrepreneurs meeting on the panel to understand the advantages it offers. Dominican Republic and from there we can continue to provide encouragement commercial exchange.

Meanwhile the British Ambassador, Mockbul Ali, reiterated that relations between the two countries have quadrupled in the last 10 years and highlighted that Dominican Republic offers “extraordinary” opportunities for UK companies, in addition to its strategic location providing a competitive advantage.