Against the backdrop of the recently convened XXX Ibero-American Summit of Heads of State and Government in Madrid, Dominican Republic President Luis Abinader engaged in a high-stakes closed-door bilateral discussion with Nadia Calviño, President of the European Investment Bank (EIB), to map out expanded collaborative pathways for inclusive national development. The high-level dialogue zeroed in on unlocking scaled, targeted investment streams and untapped growth opportunities tailored to the Dominican Republic’s long-term strategic priorities, building on the EIB’s already established local footprint. The European Union’s official lending institution has anchored its entire Caribbean regional operational hub in the Dominican capital of Santo Domingo, positioning it to deliver on-the-ground, context-aware support for local projects spanning three core priority domains: ambitious climate action and clean energy transition initiatives, modernization of national transportation infrastructure to reduce connectivity gaps, and accessible, low-cost financing schemes for micro, small and medium-sized enterprises that form the backbone of the Dominican domestic economy. Both leaders used the summit sidelines to align on next-step coordination to accelerate disbursement of planned funds and remove administrative bottlenecks that could delay the rollout of high-impact public and private sector projects across the nation.
Abinader meets EIB president Nadia Calviño to strengthen investment in Dominican Republic
