Brewery president highlights over RD$17 billion invested since 2021

Santo Domingo – Fabián Suárez, President of the Dominican National Brewery (CND), revealed that the company has invested over RD$17.64 billion since 2021, a strategic move driven by the Dominican Republic’s economic stability and its attractiveness to foreign investors. Suárez emphasized that the cornerstone of AB InBev’s sustained investment in the country is the exceptional talent of the Dominican workforce, which has positioned the nation as a leading market in the Caribbean and beyond. His comments were made during the inauguration of the company’s new Logistics Transformation Hub, an event graced by President Luis Abinader. The state-of-the-art logistics center, a key component of CND’s 2021–2026 investment plan, spans 145,000 square meters on the Santo Domingo Beltway and represents an investment exceeding RD$2.9 billion. Designed for maximum operational efficiency, the facility can store 115 million beers, equivalent to 25 days of national demand, and is expected to create over 500 direct and indirect jobs. This project complements the 44,000 jobs already supported by the beer industry nationwide, aiming to enhance production capacity, streamline distribution, and advance sustainability efforts to bolster national development. Víctor “Ito” Bisonó, Minister of Industry and Commerce, hailed the new hub as a testament to investor confidence in the Dominican economy, citing the country’s stable economic climate and record-breaking foreign direct investment, which reached US$4.523 billion in 2024 and is projected to hit US$5 billion by year-end. He also commended CND’s achievements in operating entirely on renewable energy, producing its own glass bottles, and maintaining a fully integrated supply chain.