Agricultural tradition and industrial strength

INVESTING IN DOMINICAN REPUBLIC

Agricultural tradition and industrial strength

This is the most dynamic and active region, combining great natural attractions and modern sites for industrial and productive development.
El Cibao, as the Northern Region of the Dominican Republic is known, possesses a varied geography which is characterized by broad and fertile valleys ready for agricultural, livestock and industrial production. It is crossed by the Central mountain range, where you can discover a string of villages like Jarabacoa and Constanza which are known for their cool climate and great vocation for tourist adventure activities, their fertile land and working men.
 
The Northeast part of El Cibao, borders with the Republic of Haiti and has dry climate, suitable for growing bananas (in the case of organic banana it is good to note that the Dominican Republic is the world’s leading exporter), aloe vera (tenth exporter worldwide) a variety of grains, avocados and other fruits.
 
Southern Cibao is characterized by the fertility of its soil. There extensive plantations of fruits like oranges, lemon, banana; as well as rice, mixed vegetables, flowers and more are located.
 
It is also in this province where the main cities of El Cibao, La Vega and Santiago de los Caballeros are located. These are dynamic points of trade and investment, with several sites designed to accommodate industries under the heading of Export Free Zones. The most important guide their production area toward textile, footwear, technology and health products.
 
One of the sectors that standout in this region is the production of tobacco; which makes Dominican Republic the world’s leading exporter of handmade Premium Cigars.
 
In the Northern Cibao region, we have Puerto Plata, the Bride of the Atlantic which is the most important city. This is a tourist port with great cultural, natural attractions and infrastructure to ensure the delight of visitors. For example, it has the largest cruise terminal in the country, Amber Cove, a cable car, a modern road infrastructure; and additional prime attractions as Ocean Word and the entire hotel infrastructure along the “Amber Coast” where you also find the towns of Sosua and Cabarete, which are must tour stops.
 
Northeastern Cibao also has its many charms, as well as growing cities and hardworking people. San Francisco de Macoris is a fertile land where rice, vegetables and especially cocoa productions are unmatched. The coastal area in this part of the country has developed rapidly thanks to modern paths and opening of the Samana International Airport, El Catey, which has positively stimulated tourists coming from North America and Europe.

Cibao, destination of great and varied opportunities

El Cibao is famous for its tobacco plantations and craftsmanship to produce selected cigars well-known worldwide.
 
Numerous tobacco factories as Aurora, Tabadom, Quesada, Arturo Fuente and more are mainly located in Tamboril.
 
Cibao’s rum production is very prominent; here are found corporations of worldwide fame as Bermudez and Brugal.
 
In the Northern Region there are large industrial emporiums among them are those oriented to the construction industry as Grupo Estrella, textile production with Grupo M, or as Grupo Linda which is a business reference that has been successfully diversifying its investments in new areas such as sport, or energy.
 
The development of Dominican tourism originated in Puerto Plata in the 70s, irradiating the whole island. This is why tourism investment did not stop in this city and spread to new destinations such as Las Terrenas, Samana, Sosua and Cabarete.
 
An awakening for adventure tourism has been happening for a few years, finding its nest in the intermountain towns of the Cordillera Central, where Jarabacoa and Constanza, are undoubtedly the most visited towns.

Oportunidades de Inversión

AGRIBUSINESS

Agriculture, livestock and agribusiness have great representatives grouped into different clusters such as the Banana, the Cocoa, among others, and factories as Baldom food products, and meat processing plants in the case of INCARNA.

Investment in tourism projects is varied in this region, from the opening of hotels, revamping of resorts, to building holiday villas either by the sea or in the mountainous region. The most important is Amber Cove cruise port, in Puerto Plata with an investment of more than US $ 90 million.

INDUSTRIRD AND FREE ZONES

The most dynamic and productive free zone industries are in El Cibao, here manufactures incessantly produce: textiles, footwear, technology products, medical equipment, electrical parts; and finished tobacco products either machine made or hand crafted, with the seal of quality Dominican.

EXPORT

El Cibao’s export vocation is unquestionable. It counts with major seaports and airports that enhance this work. Through these doors, finished product of the domestic industry and the best of the Dominican countryside’s harvest are destined for the world market every day.

ENERGY AND MINES

The largest investment in mining is Barrick Gold, whose investment for this operation exceeded US$ 4 billion. Regarding the energy issue, an investment of great importance is the recent acquisition of AES Dominicana by Grupo Estrella and Grupo Linda, with an investment of US$ 1.200 million.