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Business Climate Index (ICE) rise 44 points in DR

Confidence and investment climate improve in Dominican Republic.

This is a headline that we are proud of and hope it will continue to improve even more. From Caribbean Villa Retreats we are always on the lookout for positive news about our beloved Dominican Republic, therefore, despite the fact that we are experiencing difficult times worldwide, we are happy to inform you about the great opportunities arrising for our little piece of heaven.

Acording to publications at Dominican Today online newspaper, “despite the crisis due to the coronavirus, the Business Climate Index (ICE) rose from 38.1 in the January-March 2020 quarter to 44.0 in the April-June quarter of this year. This is a consequence of the balance of opinion of Dominican business people on the national economy, the international economy, the branch of activity, the investment climate, and the company.”

dominican republic investments opportunities

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As you may know we’ve recently elected a new president.  In his inaugural speech, the President set out his vision for his administration, stating: “We will create a favorable investment climate by guaranteeing legal security, transparency and speed in the hiring process. Furthermore, as of tomorrow, I am ordering all public institutions to accelerate their understanding and to make decisions for any investment that is paralyzed, and that involves job creation.” (translation as per the DR1 news agency, click to read more).

However, there are still many challenges to face and we Dominicans are willing to give everything to build a climate of security, economic prosperity and functionally optimized services. Driving in this direction will strengthen the country’s natural attractiveness, which already makes it, without a doubt, one of the most desirable tourist destinations in Latin America.

Improve the development of human capital, local suppliers, attract international suppliers, optimize digitization services, promotion and positioning of the nation; improving competitiveness, technological development, job creation, land use planning, and channeling of traffic will be the keys to success and the Dominican Republic will work together to achieve it without delay.

At Caribbean Villa Retreats we have been committed for more than 10 years to offer the best and most authentic of the country to our clients. Find your ideal luxury villa on our website and let us surprise you.

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