Santo Domingo has emerged as a powerhouse for energy sector investment, with the Dominican Republic securing an impressive $3.5 billion in foreign direct investment for power generation between 2020 and 2025. This remarkable financial influx, announced by Alfonso Rodríguez Tejada, Executive Director of the Dominican Electricity Transmission Company (ETED), underscores the nation’s growing appeal to international investors.
The investment surge, averaging $1 billion annually, stems from unprecedented private-sector confidence in the country’s economic direction. Rodríguez Tejada emphasized that President Luis Abinader’s administration has created ideal conditions for energy development through political stability, transparent governance, and a coherent national development strategy.
Critical to this success has been the comprehensive modernization of the nation’s transmission infrastructure. The ETED has successfully integrated over 1,300 megawatts of new capacity into the National Interconnected Electric System (SENI), establishing technical foundations that support continued expansion. This infrastructure advancement has transformed the Dominican Republic’s energy profile, presenting investors with a reliable and robust grid capable of accommodating substantial new generation projects.
The tangible outcomes of this investment boom are reflected in dramatically improved electricity coverage rates. National access has surged from 85% in 2020 to exceeding 98% currently, representing one of the most rapid electrification expansions in the region.
Rodríguez Tejada concluded that the current administration has presided over the most significant private investment period in the nation’s energy history, attributing this achievement to institutional stability, legal certainty, and a business climate optimally configured for sustainable development.