More companies in industrial free zones

The Ministry of Industry and Commerce has announced that the National Export Free Zones Council (CNZFE) has approved 12 new companies in the free zones and the establishment of another free zone park.

According to a press release, in order to set up a free zone company these new companies have made an investment of an estimated RD$2,261.9 million and will generate 1,845 new direct jobs and will make around US$12.1 million in foreign currency for the country. They will be located in several parts of the country.

The new free zone is estimated to invest around RD$172.9 million and create 1,212 new jobs.

[September 2015]