FTZs get renovated

Dr1.com, Santo Domingo , April 29 th 2008

A total of RD$20 billion was invested in new free trade zone industrial parks during the Fernandez administration. These parks have generated US$366 million in revenue for the DR. According to Luisa Fernandez, executive director of the National Free Trade Zones for Exports Association, these FTZs have generated 47,388 new jobs for Dominicans. The breakdown is 116 new businesses in the North (17,550 jobs), 37 in the east (4,597 jobs), 77 new companies in the National District and province of Santo Domingo (6,000 jobs) and 36 new companies were started in the south of the DR (2,500 jobs).