The Dominican Association of Free Zones (ADOZONA) highlighted the data presented by the Central Bank of the Dominican Republic, which show a 5.1% growth in the country’s economic activity between January and October. In this context, the free zones stood out with an average growth of 6.5% during the first ten months of the year and a 5.8% increase in October, demonstrating their importance as an economic engine.
According to Luis José Bonilla Bojos, president of ADOZONA, this performance reflects the sector's ability to adapt to global changes, driving the diversification of the economy, the creation of quality jobs, and the attraction of foreign investment, all of which strengthen the country's competitiveness.
ADOZONA also pointed out that the free zones are a key pillar for the Gross Domestic Product (GDP) and the trade balance, thanks to their focus on innovation and advanced technology. To ensure their continued growth, the association urged strengthening the investment environment and maintaining public policies that promote legal stability, modern infrastructure, and a favorable tax regime.
In a global context of economic transformation, the Dominican Republic has a unique opportunity to establish itself as a hub for manufacturing and export, taking advantage of trends such as the reshoring of supply chains, market diversification, and the rise of sectors like technology, medicine, and advanced manufacturing.