Friday, November 12, 2010
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- Cuthbert Warner
- 5 years ago
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1 November 2010
2 November 2010
3
4 But before, a brief outline and a li0le of our history
5
6 Star6ng point of the New World 1492 The 1 st Cathedral The 1 st Hospital The 1 st Customs House &
7 Star6ng point of the New World 1492 The 1 st Cathedral The 1 st Hospital The 1 st Customs House & The 1 st University of the New World!
8 DR at a Glance (2009)
9 bright people Trainable & Appetent to Learn!
10 bright people Trainable & Appetent to Learn!
11 bright people Trainable & Appetent to Learn!
12 bright people Trainable & Appetent to Learn!
13
14
15 The transforma-on of our economy
16 The transforma-on of our economy In the course of last decades, the Dominican Republic has transformed deeply, going from an economy of only some agricultural basic products (Commodities) to quite a diversified, vibrant and modern society
17 The transforma-on of our economy In the course of last decades, the Dominican Republic has transformed deeply, going from an economy of only some agricultural basic products (Commodities) to quite a diversified, vibrant and modern society
18
19 First Tourism and Golf Destination in the Hemisphere 32 Golf courses (another 12 planned and under construc1on) 65 thousand hotel rooms 9 Interna6onal Airports 2 in Santo Domingo, San1ago, 2 Samaná, La Romana, Puerto Plata, Punta Cana, Barahona 4 Cruise Ports 2 in Santo Domingo, La Romana, Samaná
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21
22 The Best Business & Logistics Location
23 Transport Transportation
24 Transport 12 Seaports with distribution to Atlantic and Pacific Oceans, including a US$300 Million recent DP World Ports, with the most advanced infrastructure of the Caribbean and CSI Certified. Excellent highway system connecting all major cities. 9 International Airports. Transportation More than 60 daily flights to United States and Europe.
25 By 2020 the Dominican Republic will be fully integrated into the global economy with a development platform that is just, competitive and sustainable.! Dr. Leonel Fernandez Reyna!!!! President
26 We look forward to building an economy that is based on our societyʼs values and goals. We seek to fulfill our peopleʼs aspirations of higher welfare and better quality of life.! Therefore, we must create opportunities for our population to get decent jobs, enjoy a better economic infrastructure and to have access to better education, housing and health.
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28 Top Reformer in 2009 The World Bank s Doing Business Report ranks the Dominican Republic among the TOP TEN reformers in the whole world. According to this study, the country achieved significant reforms in four areas: business start- ups, property registranon, payment of taxes and trans- border trade. Why Enter or Expand into the DR? 7th Largest Trading Partner in the Western Hemisphere to U.S. Market Free Trade Agreement with the U.S., DR- CAFTA, strengthens protecnons for U.S. patents, trademarks, and trade secrets Increasing Economic LiberalizaNon including privanzing most state- owned enterprises and improving intellectual property rights protecnon
29 The most reliable and sustained economic performance in LaNn America. Source: CEPAL
30 The most reliable and sustained economic performance in LaNn America. Source: CEPAL
31 INFLATION RATE President Fernández Export 8,000 President Fernández 6,000 5,737 5,276 5,165 5,471 5,936 6,145 6,610 7,160 6,782 4,000 4,096 2, * Source: Central Bank of the Dom. Rep. 2009*: Ene- Sep
32 42.7 INFLATION RATE 28.7 President Fernández (%) * Export 8,000 President Fernández 6,000 5,737 5,276 5,165 5,471 5,936 6,145 6,610 7,160 6,782 4,000 4,096 2, * Source: Central Bank of the Dom. Rep. 2009*: Ene- Sep
33 Foreign Direct Investment * US$ Millions Source: Central Bank of the Dom. Rep. (*) Jan-March 2010
34 Foreign Direct Investment * US$ Millions 2,884.7 $ 3, $ 2, , , ,158.0 Millions of US$ $ 1, , $ $ , * Source: Central Bank of the Dom. Rep. (*) Jan-March 2010
35 Market Confidence: Improving our investment grade Dominican Republic Debt in Foreign Currency Risk Analysis Agency Outlook STANDARD & CC B Moody's B3 Ba3 Fitch CCC+ B Source: Standard & Poor's, Moody's, Fitch
36
37 Why DR?
38 Stable economic and political environment Why DR?
39 Why Stable economic and political environment FDI Friendly environment Open Market DR?
40 Why Stable economic and political environment FDI Friendly environment Open Market Sound legal framework for foreign investment DR?
41 Why Stable economic and political environment FDI Friendly environment Open Market Sound legal framework for foreign investment One (1) of Six (6) to hold Trade Treaty with EC and USA DR?
42 Why DR? Stable economic and political environment FDI Friendly environment Open Market Sound legal framework for foreign investment One (1) of Six (6) to hold Trade Treaty with EC and USA Five (5) Trade Treaties (*DR-CAFTA,*EPA, ALC RD CARICOM, ALC RD Central America, AAP RD PANAMA)
43 Why DR? Stable economic and political environment FDI Friendly environment Open Market Sound legal framework for foreign investment One (1) of Six (6) to hold Trade Treaty with EC and USA Five (5) Trade Treaties (*DR-CAFTA,*EPA, ALC RD CARICOM, ALC RD Central America, AAP RD PANAMA) Competitive, qualified/trainable labor force
44 Why DR? Stable economic and political environment FDI Friendly environment Open Market Sound legal framework for foreign investment One (1) of Six (6) to hold Trade Treaty with EC and USA Five (5) Trade Treaties (*DR-CAFTA,*EPA, ALC RD CARICOM, ALC RD Central America, AAP RD PANAMA) Competitive, qualified/trainable labor force Modern transportation infrastructure
45 Why DR? Stable economic and political environment FDI Friendly environment Open Market Sound legal framework for foreign investment One (1) of Six (6) to hold Trade Treaty with EC and USA Five (5) Trade Treaties (*DR-CAFTA,*EPA, ALC RD CARICOM, ALC RD Central America, AAP RD PANAMA) Competitive, qualified/trainable labor force Modern transportation infrastructure Advanced and reliable telecommunication infrastructure
46 Why DR? Stable economic and political environment FDI Friendly environment Open Market Sound legal framework for foreign investment One (1) of Six (6) to hold Trade Treaty with EC and USA Five (5) Trade Treaties (*DR-CAFTA,*EPA, ALC RD CARICOM, ALC RD Central America, AAP RD PANAMA) Competitive, qualified/trainable labor force Modern transportation infrastructure Advanced and reliable telecommunication infrastructure Supporting Industries & services, Competitive costs for doing business
47 Why DR? Stable economic and political environment FDI Friendly environment Open Market Sound legal framework for foreign investment One (1) of Six (6) to hold Trade Treaty with EC and USA Five (5) Trade Treaties (*DR-CAFTA,*EPA, ALC RD CARICOM, ALC RD Central America, AAP RD PANAMA) Competitive, qualified/trainable labor force Modern transportation infrastructure Advanced and reliable telecommunication infrastructure Supporting Industries & services, Competitive costs for doing business Near Shore location
48 Why DR? Stable economic and political environment FDI Friendly environment Open Market Sound legal framework for foreign investment One (1) of Six (6) to hold Trade Treaty with EC and USA Five (5) Trade Treaties (*DR-CAFTA,*EPA, ALC RD CARICOM, ALC RD Central America, AAP RD PANAMA) Competitive, qualified/trainable labor force Modern transportation infrastructure Advanced and reliable telecommunication infrastructure Supporting Industries & services, Competitive costs for doing business Near Shore location Quality Life Standards * Flexible Rules of Origin!
49
50 13 Reciprocal investment protec6on & investment agreements On the table New trade agreements with Mexico & Canada Sound legal framework in compliance with the World Trade Organiza1on (WTO); Founding member of WTO 5 mayor commercial Trade Trea6es (DR- CAFTA, EPA, ALC RD CARICOM, ALC RD - Central America, AAP RD Panama
51 Preferential Market Access DR-CAFTA North America 306M FTA with Central America 40M Commercial Treaty DR-Panama 3M CARICOM: Caribbean 30M Million Consumers Worldwide Economic Assoc. Agreement: European Union 495.5M
52 Trade between Germany and Dominican Republic ($USD - Millions) Source: DGA, BCRD, CEI-RD
53 Trade between Germany and Dominican Republic ($USD - Millions) Source: DGA, BCRD, CEI-RD
54 Dominican Exports to Germany ($USD - Millions) Source: DGA, BCRD, CEI-RD
55 Dominican Exports to Germany ($USD - Millions) Source: DGA, BCRD, CEI-RD 0
56 Source: Deutsch-Dominikanische Chamber of Commerce
57 German Companies doing business in the DR CANDY FACTORY Source: Deutsch-Dominikanische Chamber of Commerce
58 Incentive Laws
59 Incentive Laws Foreign Investment Law No Decree No , Residence permit for Investment Industrial & Services Free Zones IncenNve Law No IncenNves for the PromoNon of Export Law No Border Development IncenNve Law No Renewable sources of Energy and of its Special Regiments Law No PromoNon of Tourism Development Law No Tex6le industry na6onal priority Law No Special IncenNves for the pensioned financiers of Foreign Source Law No
60
61
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63 No. 1 Producer of Fine Cigars No. 1 Exporter of High Quality Organic Cocoa No. 1 Producer of Organic Bananas Top Regional Exporter of Apparel to USA Market
64 No. 1 Producer of Fine Cigars No. 1 Exporter of High Quality Organic Cocoa No. 1 Producer of Organic Bananas Top Regional Exporter of Apparel to USA Market No. 1 Producer of Baseball players!!
65 Priority Export Sectors Food & Beverages Processed Products Agricultural Products Organic Products Industrial Leather Products Furniture Construction Cultural Crafts Audiovisuals Paintings and Sculptures
66
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68 SERVICES TOURISM CALL\CONTACT CENTERS BPO\KPO SOFTWARE DEVELOPMENT
69 SERVICES TOURISM CALL\CONTACT CENTERS BPO\KPO SOFTWARE DEVELOPMENT MANU- FACTURING MEDICAL DEVICES APPAREL & TEXTILES AUTO PARTS ELECTRONIC & ELECTRIC COMPONENTS COMPUTER ELECTRONICS
70 SERVICES TOURISM CALL\CONTACT CENTERS BPO\KPO SOFTWARE DEVELOPMENT MANU- FACTURING MEDICAL DEVICES APPAREL & TEXTILES AUTO PARTS ELECTRONIC & ELECTRIC COMPONENTS COMPUTER ELECTRONICS BIO- TECNOLOGIES RESEARCH & DEVELOPMENT HEALTH PRODUCTS MEDICATION
71 SERVICES MANU- FACTURING BIO- TECNOLOGIES AGRI- BUSINESS TOURISM CALL\CONTACT CENTERS BPO\KPO SOFTWARE DEVELOPMENT MEDICAL DEVICES APPAREL & TEXTILES AUTO PARTS ELECTRONIC & ELECTRIC COMPONENTS COMPUTER ELECTRONICS RESEARCH & DEVELOPMENT HEALTH PRODUCTS MEDICATION NEW TECHNOLOGIES AGROINDUSTRIA L PRODUCTS CONTROLLED ENVIRONMENT PRODUCTION SYSTEMS
72 SERVICES MANU- FACTURING BIO- TECNOLOGIES AGRI- BUSINESS MINING AND INFRASTRUCTURE TOURISM CALL\CONTACT CENTERS BPO\KPO SOFTWARE DEVELOPMENT MEDICAL DEVICES APPAREL & TEXTILES AUTO PARTS ELECTRONIC & ELECTRIC COMPONENTS COMPUTER ELECTRONICS RESEARCH & DEVELOPMENT HEALTH PRODUCTS MEDICATION NEW TECHNOLOGIES AGROINDUSTRIA L PRODUCTS CONTROLLED ENVIRONMENT PRODUCTION SYSTEMS MINING ELECTRICITY TELECOMMUNICATIONS RENEWABLE ENERGY PORTS & AIRPORTS HIGHWAYS, ROADS
73 MANUFACTURING MEDICAL DEVICES APPAREL AND TEXTILE AUTO PARTS ELECTRONICS COMPUTER ELECTRONICS INDUSTRIAL FREE TRADE ZONES: (A 40 YEAR OLD PROVEN BUSINESS MODEL) NO TAX, NO DUTIES ON IMPORT OF RAW MATERIALS (FTZ)
74 MANUFACTURING MEDICAL DEVICES APPAREL AND TEXTILE AUTO PARTS ELECTRONICS COMPUTER ELECTRONICS INDUSTRIAL FREE TRADE ZONES: (A 40 YEAR OLD PROVEN BUSINESS MODEL) NO TAX, NO DUTIES ON IMPORT OF RAW MATERIALS (FTZ)
75 Cyberpark of Santo Domingo Ecosystem High Tech Hub in the Caribbean Investment opportunities Academic Centers of Excellence Business Incubator Network Access Point of the Caribbean A Research & Development Facilities
76 Cyberpark of Santo Domingo Ecosystem High Tech Hub in the Caribbean Investment opportunities Academic Centers of Excellence Business Incubator Network Access Point of the Caribbean A Research & Development Facilities Santo Domingo IT & So^ware Park Biopharma ceuncal Lab Flagship Building & Auditorium CYBERPARK Film Studios
77 INFRASTRUCTURE OPPORTUNITIES ELECTRICITY TELECOM RENEWABLE ENERGY SEAPORTS MASS TRANSIT SYSTEMS, ROADS & HIGHWAYS
78 INFRASTRUCTURE OPPORTUNITIES ELECTRICITY TELECOM RENEWABLE ENERGY SEAPORTS MASS TRANSIT SYSTEMS, ROADS & HIGHWAYS
79 Domestic and International Transportation The Government is seeking to rehabilitate the Seaports of Puerto Plata, San Pedro de Macoris and Manzanillo under concessionary agreements. Concessions may include: Pier Management Cruise and Tourist Facilities Development Free Zone Development Mass Transit & Transportation
80 Metro Of Santo Domingo Line 2 Corredor Kennedy Length: Kms, 16 Est. Time of Construction: 3 years Investment: US$ 581,000,000
81 Metro Of Santo Domingo Line 2 Corredor Kennedy Length: Kms, 16 Est. Time of Construction: 3 years Investment: US$ 581,000,000
82 Boulevard Turístico del Atlántico (BTA)
83 Viadom 2007
84 La Autopista del Coral (Coral Highway) La Autopista del Coral representa el eslabón fundamental y estratégico para el desarrollo de la economía y turismo de la Región Este(La Romana, Bayahibe, Punta Cana, Cap Cana, Bavaro, Macao, Uvero Alto). Autovia del Este y SPM La Romana Autopista del Coral Boulevard del Este
85 Communications Infrastructure
86 9,847,932 Million lines 1,011,603 LAN 8,836,329 Wireless 564,274 Internet accounts 3,496,809 Users 332,334 DSL Internet 196,601 Mobile Internet Source: Indotel September 2010 Communications Infrastructure
87 9,847,932 Million lines 1,011,603 LAN 8,836,329 Wireless 564,274 Internet accounts 3,496,809 Users 332,334 DSL Internet 196,601 Mobile Internet Source: Indotel September 2010 Submarine Optical Fiber Cable Main cities connected through optical fiber rings. Industry growth (June 2010): 17.6% Communications Infrastructure This is Doing Business in DR
88 9,847,932 Million lines 1,011,603 LAN 8,836,329 Wireless 564,274 Internet accounts 3,496,809 Users 332,334 DSL Internet 196,601 Mobile Internet Source: Indotel September 2010 Submarine Optical Fiber Cable Main cities connected through optical fiber rings. Industry growth (June 2010): 17.6% Communications Infrastructure This is Doing Business in DR
89 Law provides fiscal and customs incentives under the National Commission of Energy for Alternative Energy projects: Solar Energy Wind Power Bio Diesel and Bio Gas Waste-to-Energy The Dominican Government is Highly interested in attracting projects using Natural Gas, Clean Coal and Renewable sources of energy
90 Dominican Republic CALL CONTACT CENTERS 12,000 SEATS 22,000 AGENTS BILINGUAL WORKFORCE SERVICES
91 Opportunities in Tourism No. 1 Destination in the Caribbean Over 65,000 rooms and 15,000 under construction 4.5 Million visitors per year Emerging Opportunities: Adventure and Sports Ecological Health and Medical Historical Film and Media
92 Whether your Mo6va6on is Access to Natural Resources Improved Cost CompeNNveness Access to Important Markets Profitable and Socially ImpacNng Investment Then, the DOMINICAN REPUBLIC is
93 Whether your Mo6va6on is Access to Natural Resources Improved Cost CompeNNveness Access to Important Markets Profitable and Socially ImpacNng Investment Then, the DOMINICAN REPUBLIC is Simple the Place To Be!
94
95 Thank you!!
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