At a recent bilateral business forum hosted in Madrid, top Spanish industry executives and senior Dominican Republic government officials converged to outline the rapidly expanding investment partnership between the two nations, underscoring the Caribbean nation’s growing reputation as a high-priority destination for international capital. A cohort of leading Spanish business representatives emphasized that the Dominican Republic’s track record of sustained political stability, robust legal frameworks that protect foreign assets, and consistent above-regional-average economic expansion form the three core pillars that set it apart from competing investment markets across Latin America and the Caribbean. Víctor Moro, a senior executive at Spanish food conglomerate Vima Food who oversees the firm’s Dominican operations, spoke to his company’s on-the-ground experience operating in the country, noting that the entire local workforce across Vima Food’s Dominican facilities is made up of highly skilled local hires. He went on to praise the Abinader administration’s targeted policy incentives designed to cut red tape for new market entrants, support small and medium enterprise growth, and expand formal job opportunities for local residents. Núria Vilanova, another prominent Spanish industry leader, pointed to the multi-sector growth trajectory that has powered the Dominican Republic’s recent economic momentum, highlighting consistent expansion in the tourism, manufacturing, and free trade zone segments that she credited directly to the proactive, business-friendly governance of President Luis Abinader’s administration. For his part, President Abinader reaffirmed the deep, longstanding economic ties between the two nations, noting that Spain ranks as the Dominican Republic’s third largest source of foreign direct investment, with cumulative inflows from Spanish investors set to hit $5.328 billion by the end of 2025. The president laid out a wide array of untapped high-growth sectors ripe for new Spanish investment, including sustainable tourism, cross-border logistics infrastructure, utility-scale renewable energy, emerging digital technology, advanced manufacturing, and high-value professional services. Dominican Foreign Minister Víctor Ito Bisonó backed up the administration’s case for investment by releasing updated preliminary economic data, showing that the national economy expanded by 4.6% year-over-year in the first nine months of 2026, driven by strong performance in the construction sector, export-focused free trade zones, rebounding international tourism, and expanding consumer and business services. He added that years of deliberate macroeconomic policy reforms have locked in low inflation, stable currency valuation, and expanded national productive capacity to insulate the economy from global market volatility. Additional Spanish business leaders in attendance echoed these positive assessments, framing the Dominican Republic as a uniquely dynamic, low-risk emerging market with the structural conditions in place to deliver consistent returns for foreign investors for decades to come. For further on-the-ground coverage of Dominican economic and business developments, readers can access DominicanScope’s full archive of local reporting.
Spanish business leaders highlight Dominican Republic’s investment potential
