Key points
- Main sectors. Data from the Dominican Export and Investment Center Republics (ProDominicana) show that tourism and energy are the main magnets for FDI.
- FDI in tourism. Increased from $1.05 billion in 2022 to $1.18 billion in 2023.
- FDI in energy . Increased significantly from $749 million in 2022 to $1.07 billion in 2023.
- Other attractive sectors. Trade, real estate, free trade zones, mining and finance also attract foreign investment.
- Major investors. The USA, Spain, Mexico and Canada are the main sources of FDI in the Dominican Republic.
- Foreign Investment Law. Law 16-95 encourages foreign investment.
For comparison
The Dominican Republic surpassed Costa Rica in FDI in 2023, receiving $4.39 billion compared to $3.92 billion for its regional neighbor.
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