The Dominican Republic has launched a comprehensive ten-year strategy designed to transform the nation into a premier destination for high-value digital investments in the Caribbean region. With technical support from the United Nations Development Programme (UNDP), the Ministry of Industry, Commerce and MSMEs (MICM) formally introduced the Foreign Direct Investment Attraction Plan for ICT Companies 2026–2036 during a high-level presentation in Santo Domingo.
This strategic blueprint outlines a detailed roadmap for integrating the Dominican Republic into global technology supply chains, specifically targeting four high-growth sectors: semiconductor manufacturing, specialized software development, Healthtech innovations, and advanced Business Process Outsourcing (BPO) services. Industry and Commerce Minister Yayo Sanz Lovatón emphasized the country’s unique competitive advantages during the unveiling, highlighting its strategic geographical location, robust digital infrastructure, and growing pool of technically skilled professionals as key factors for attracting international technology corporations.
The initiative represents a coordinated effort among multiple national institutions including ProDominicana, the National Council of Export Free Zones, and the Association of Foreign Investment Companies. Beyond immediate investment attraction, the plan aims to stimulate technological innovation, generate high-quality employment opportunities in STEM fields, and foster sustainable economic diversification. By aligning with international best practices in investment promotion, the Dominican government seeks to establish the country as a central node in the global digital economy landscape for the coming decade.