Francisco “Paco” Pérez, President of the Official Chamber of Commerce of Spain in the Dominican Republic (CAMACOESRD), highlighted on Wednesday that the Dominican Republic has become a focal point for global attention. Pérez attributed this growing interest to the nation’s remarkable economic, social, and political stability, which stands out in an era of global polarization. He emphasized that these attributes provide investors with a sense of security, ensuring that their investments are well-protected. Additionally, the country’s robust legal framework and attractive profitability further distinguish it as a prime destination for foreign investment. Pérez remarked, “These are the greatest attributes this country has for investment.”
Despite its strengths, Pérez acknowledged areas for improvement, particularly in infrastructure development. He stressed the importance of enhancing road networks, water supply systems, and transportation to sustain the country’s growth trajectory. “The government shares this vision, and progress is underway,” he added.
Iban Campo Urriza, Secretary of the Official Spanish Chamber of Commerce in the Dominican Republic and Director of Llorente y Cuenca (LLYC), emphasized the critical role of education in fostering innovation and entrepreneurship. Campo Urriza highlighted the need for skills development in STEM (science, technology, engineering, and mathematics) and closer alignment with technological advancements. He noted that while the Dominican Republic has made strides, there is still work to be done in equipping its workforce with the necessary technical expertise. “Innovation and entrepreneurship demand specific skills and technological proficiency, which the country must continue to address,” he said.
Campo Urriza also pointed to initiatives aimed at training local talent, including collaborations with international experts. He expressed confidence that strengthening these efforts would solidify the Dominican Republic’s position as a regional leader in Central America and the Caribbean. “Investing in talent development and specialized qualifications will make a significant difference in maintaining our competitive edge,” he concluded.