A destination for tourism and investment

INVESTING IN DOMINICAN REPUBLIC

A destination for tourism and investment

The eastern region of the Dominican Republic is considered the main magnet for capital investment focused on industries such as Tourism, Film and Real Estate.
The Eastern Region covers an area of 14,740 square kilometers. It is divided into three sub-regions: La Altagracia, San Pedro de Macoris and Santo Domingo (described above). In total, the Southeast region includes the provinces of El Seibo, La Romana, La Altagracia, Hato Mayor, Monte Plata, San Pedro de Macoris and the Great Santo Domingo.
 
The features of economic activity in this demarcation include agriculture, especially the production of sugarcane with emphasis on the provinces of La Romana, Santo Domingo and San Pedro de Macoris, where almost all the production of sugar is concentrated. The main sugar emporium, Central Romana Corporation, is obviously an example in the sector, not only in the country but also in the Caribbean.
 
In this region the livestock industry is an important economic activity. There are large cattle ranches mainly focused on raising beef cattle.
 
In the area there is an important mining exploitation of clay in Ingenio Consuelo and limestone and marble on the plains and in the section of Soco. It also owns cement plants, chemical fertilizers and varied and important industrial free zones that maintain significant growth, which reflects in its increasing staff.
 
Production in free zone industries in this region focuses mainly in the textile industry, followed by the production of footwear, jewelry and electronics.

A destination for investment and tourism

The tourism industry has positioned itself as the largest generator of foreign currency in the country. Thanks to its capacity of more than 68,500 rooms and 32 world-class golf courses, with greatly wellknown hotel chains, which have stimulated the arrival of 6 million 151 thousand visitors during 2015.
 
The Eastern Region is the most visited by 60% of foreign tourists, because the main hotels and all-inclusive resorts, as well as exclusive and luxury; marinas, amusement parks and more, are located in the east.
 
Construction of Coral Highway and Uvero Alto-Miches Highway, with an investment of US$ 700 million, have enhanced the integration effect of the whole area.
 
According to ASONAHORES, the construction of 4,500 rooms additional to the 38,000 existing in this region has been announced in the last 18 months. These will be located in different projects that will open, or are being renewed or expanded.
 
Among the hotel developments is Casa de Campo, a resort from the 80s whose overall ambience was product of Dominican designer Oscar de La Renta. This project, which has a unique and welcoming atmosphere, became an international symbol of luxury and recreation.
 
Also available in Casa de Campo is the beauty of its golf courses, its marina, its polo tracks and more. Alongside Casa de Campo is the famous design school Altos de Chavon.
 
Another hotel development that stands out in the Eastern Region is PUNTACANA Group, an icon in the hotel market, not only in the Dominican Republic but also in the world. Its founder, Frank R. Ranieri, is the visionary who recognized how to capitalize and accomplish the dream to conquer a rugged territory, beside the sea, and build an empire destined to please the most demanding vacationers seeking exclusivity, luxury, quality service and respect for the environment. This company is spearheading the development of this area thanks among other reasons to its ownership of Punta Cana Airport, one of the most dynamic in the country.
 
The Dominican East, is an open zone for investment, as demonstrated by the operations of Causedo Multimodal Port, the construction of Natural Gas Terminal in San Pedro de Macoris, and Atillean Gas, one of the largest in the Caribbean. This region is also the site of power generation companies as the Punta Cana-Macao Energy Consortium, CEPM, and more .

Oportunidades de Inversión

SUN AND BEACH TOURISM
The strongest pillar in the East Zone is the hotel industry, because here is where 60% of the international visitors arrive seeking rest on our shores. Here is where the major hotel chains of international prestige with solid investments are located. New investments have been announced for 2016.

FREE ZONES
Industrial production is widely encouraged in the East Zone. There are several free zone parks that have emerged as examples of production for their dynamism. The main production items are textiles, footwear, parts and electronic parts and world-class handmade cigars.

MINING
Dominican Republic has hosted America’s oldest mining industry; and today this sector is characterized by large international investments that have a positive impact on the GDP. In the East the extraction focuses on clay soils, limestone, marble and concrete.

AGRIBUSINESSES
The Eastern countryside is recognized by its large livestock production and vocation for agricultural production. In this area, sugarcane cultivation and sugar production stands out. The main sugar mill of the Caribbean is Central Romana, and thanks to the sugar cane industry, the rum industry has also flourished with large investments.

FUEL AND ENERGY
CEPM is an important electricity generation plant which has invested more than US$ 47 million for the generation of more than 37 MW; and more than US$ 30 million in thermal energy. Additionally, Antillean Gas made substantial investment of more than US$ 13 billion for the construction of the Liquefied Natural Gas Terminal.