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Customs Director highlights that the country is “on the verge” of becoming a logistics hub for the Caribbean.
Manufacturing in the Dominican Republic has grown exponentially in recent years, with nearly 20% of foreign investment being channeled into the sector, according to Eduardo Yayo Sanz Lovatón.
The Director General of Customs, Eduardo Sanz Lovatón, stated that the moment when the Dominican Republic will become the most critical logistics epicenter in the entire region is getting closer every day.
Sanz Lovatón highlighted the advantages offered by the country’s strategic location, its stable government, and a highly competitive free trade zone ecosystem, along with key strategies that the government has been promoting through institutions like the one he leads.
He also indicated that thanks to these efforts, manufacturing in the Dominican Republic has grown exponentially in recent years, with nearly 20% of foreign investment being channeled into the sector. Foreign direct investment (FDI) in the country increased by 7.1% last year compared to the previous year, capturing 41% of all FDI in Central America, according to the United Nations Conference on Trade and Development.
Lovatón stated that the DGA has played a fundamental role in this growth, optimizing customs processes, reducing clearance times, strengthening security in international trade, and implementing policies and measures to protect trademark rights. These initiatives have allowed more companies to consider the Dominican Republic as a strategic partner for manufacturing and distribution on the continent.
The official stated that the Dominican Republic is becoming the preferred manufacturing destination in the region thanks to its skilled workforce, proximity to the United States, and the country’s free trade zones, where 60% of the manufacturing industry is concentrated. These zones operate relatively tax-free, allowing companies to save millions of dollars.
He said it’s reason enough for foreign companies, such as clothing manufacturer Hanes, footwear brand Timberland, aerospace companies like Eaton Corporation, IT companies like Rockwell Automation, and medical device companies like Cardinal Health, to establish manufacturing facilities in the Dominican Republic.
Furthermore, World Emblem, the world’s largest producer of clothing patches, which counts the Department of Homeland Security, UPS, the NHL, and Levi’s among its clients, claims it will save millions of dollars annually by relocating to the country.
He emphasized that the construction of a 9,300-square-meter plant is planned to begin this month, with the facility opening next year. The company plans to eventually relocate between 30% and 35% of its manufacturing capacity to Mexico.
The Dominican Republic has become a magnet for foreign investment. With a clear vision for the future, the DGA reaffirms its commitment to continue driving the country’s manufacturing development, consolidating its position as the industrial epicenter of the Americas.
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