The study also found that trade represents 30% of loans to business, up 5% compared to 2013. The subsector employs on average 15% of the total labor force, with 291,369 employees with an average hourly wage of RD$80.91 or around RD$3,500 a week.[October 2015]
Asologi president Salvador Figueroa Sanchez and directors Teddy Heinsen, Gustavo Tavares and Hector Tamburini say that if the legislation is correctly implemented, the DR will become a world-class logistics center.
The Caucedo Logistics Centre is a joint venture between DP World and Caucedo Development Corporation. It provides regional distribution facilities for foreign and Dominican businesses connecting them to a comprehensive, efficient, logistics multimodal network provided by the Port of Caucedo that is operated by DP World.
Phase 1 will see the development of warehousing over 4.3 million sq/ft (40 hectares) and a further 8.61 million sq/ft (80 hectares) developed in Phase 2. The timing is in line with market demand.
“We have been committed to the development of the Logistics Center since its inception and are witnessing the beginnings of an exciting opportunity to develop the Dominican Republic as a trade and logistics hub.”
The Center provides Dominican Republic importers and exporters with the opportunity to improve the efficiency of their supply chains with modern facilities close to both the port and the airport. Shipping lines will also benefit as more volumes are generated through the CLC.[October 2015]
The measure, as agreed by the Central Electoral Board (JCE) establishes that wherever Dominicans live they can also obtain birth, marriage, divorce and death certificates as well as a National Identity Card (Cedula). The announcement states that that Dominicans who live overseas have the same rights as those who live in the country.
Dominican documents will be issued by JCE offices or consulates.[October 2015]