A new horizon for development and investment

INVESTING IN DOMINICAN REPUBLIC

A new horizon for development and investment

Varied, diverse and charming the Southern Region is the least explored by foreign investment; for this reason it is a virgin territory with great undertaking potential.
The Southern Region of the Dominican Republic has been identified by both national institutions and by international bodies responsible for recognizing the levels of national development, as the most socially dejected part of the country and as a priority region requiring social and economic assistance.
 
Many of the southern communities are located within areas where resources for food production are predominantly poor and limited mainly due to a lack of investment rather than for a lack of farming or labor force, which is abundant and willing to work.
 
The Southern region is comprised of the following provinces: San Cristobal, Baní, San José de Ocoa, Azua, San Juan de la Maguana, Elías Piñas, Independencia, Barahona, Bahoruco and Pedernales. Many of these provinces have experienced a process of economic, political, demographic, social and cultural unproductivity.
 
The economy is broadly diversified but focuses mainly on various types of agriculture, moreover, numerous sugarcane mills (2 currently active) are located here, as well as free zones, great tourist and real estate activity. The Dominican South possesses great cultural diversity due mainly to important migrations from Haiti, Spain and Japan, which have blended with the inhabitants of this warm land.
 
The main city of the Dominican South is Barahona, town that mainly bases its economy on agriculture, fishing, livestock and mining.
 
It is a major producer of coffee, banana, and other minor items; with considerable areas of pasture for livestock. There are large deposits of salt, gypsum, marble and Larimar, only place in the world where you can find this beautiful gemstone of various shades of blue. Barahona has impressive vegetation and unique natural resources.
 
It possesses the most beautiful coastal areas across the country; a special place that combines untouched beaches. It also has green mountains and rivers of great beauty, forming the perfect combination that makes this an experience impossible to overcome.

Prosperous villages and working people

The Southern Gate, San Cristobal, is a rich and diverse province with important mining sites, as well as an important commercial and service infrastructure; added to the industrial free zone park that positively contribute to the province. However, it also possesses agricultural activities and a budding tourism industry.
 
Another town that characterizes the South Zone is Bani, a city that combines several riches, from its desert geography to its agriculture and folklore.
 
One of its agricultural productions that make it famous is the cultivation of mango, both for domestic consumption and for export. For four years the Mango Fair has been taking place, always during the month of June. Here, the various producers exhibit and sell the great varieties of the product.
 
Important tourism investments as the Puntarena project and the development of Los Corbanitos beach are emerging in the Peravia province. Thanks to them 2,400 hotel rooms are expected to be built in the region, encouraging the development of this important sector.
 
Located in the “Deep South”, is the province of Pedernales, a destination for investment, where Los Cocos, the largest wind power generation project in the country is located; with an installed capacity of 77MW and an investment of US$ 100 million. Cementos Andino is located in this coastal province, next to Cabo Rojo Port which is only enabled for the loading and unloading of dry bulk material.
 
Pedernales’ tourism development is one of the current goals because of the great advantages that this province has for the operation of enterprises and the construction of modern resorts and hotels.

Oportunidades de Inversión

FARMING

The province of San Juan de la Maguana is known as “El Granero del Sur” where agricultural production is nonstop; Clusters support agricultural and industrial production. Among the most prominent products of this region are: legumes, various fruit, coffee, banana, papaya and more.

TOURISM

History, culture and tradition are constantly staged in the towns of the Dominican south, but the natural attractions are especially stunning acting as large magnets to attract investment in the development of high level hotel complexes in the coastal line as Puntarena and Los Corbanitos.

RENEWABLE ENERGY

In 2011, EGE Haina inaugurated and started operating Los Cocos Wind Park, with a total of 40 wind turbines with an installed capacity of 77 MW. It is the pioneer park in wind power generation and a tourist reference in the Southern region. It extends from Juancho, Pedernales, up to Enriquillo, and Barahona.

Mining is varied with exploitation of various materials such as marble and limestone. Larimar, a semiprecious rock, which has not been found anywhere else on the planet, is extracted in the South. A curious fact is that oil wells have been discovered in Azua but not in amounts that are worth exploiting.

One hundred free zone companies are mainly located in San Cristobal, Barahona, Bani, Pedernales and Nigua; all private investments and with export oriented production. The main activities are: Services and the main Products are Agribusiness, Chemicals, Medical and Electric; Garments and Textiles; and more.