Dominican Republic targets French investment in semiconductor manufacturing

PARIS – During the six-day Dominican Week in France, held from October 17 to 22, the Dominican Republic has formally pitched itself as a strategic hub for semiconductor assembly, testing, and packaging (ATP) operations, as the Caribbean nation works to draw global high-tech investment and carve out a stronger foothold in worldwide technology supply chains.

The proposal was introduced during a high-level meeting between Dominican trade officials and leaders of France’s leading electronics industry association. Daniel Peña, Vice Minister of Foreign Trade for the Dominican Ministry of Industry, Commerce and MSMEs (MICM), and David Puig, the Dominican Ambassador to France, presented the initiative to Laurence Dassas, Executive Director of the Fédération de l’Électronique Française (FdEF).

During discussions, Dominican officials emphasized the country’s key competitive advantages for high-tech manufacturing, including its robust logistics infrastructure, consistent macroeconomic stability, and cost-effective operational benefits that make it an attractive location for semiconductor industry players. The outreach effort is a core component of the Dominican Republic’s National Semiconductor Strategy, which is being spearheaded by MICM under the leadership of Minister Yayo Sanz Lovatón.

For the Dominican government, the primary goals of this strategy extend beyond attracting foreign capital. Officials are also targeting meaningful technology transfer that can strengthen the country’s domestic industrial ecosystem, while generating high-skill, well-paying jobs for the Dominican workforce.

The FdEF, France’s primary industry group for the electronics sector, represents 230 companies across the country. Combined, its member companies support roughly 80,000 direct jobs and an additional 170,000 indirect positions across Europe, making it a key partner for the Dominican Republic’s investment outreach.

Dominican Week in France was designed to bring together government and business leaders from both nations to showcase Dominican export opportunities, highlight the country’s investment potential, and deepen longstanding economic and commercial ties between France and the Dominican Republic.