Optimistic on exports and investments

The director of the Center for Exports and Investment (CEI-RD) Eddy Martinez forecasts a 15-20% increase in exports this year, as reported in El Caribe. He also expressed optimism that the country will attract upwards of US$2.4 million this year, or about 15-20% more than last year. He said that despite the global financial difficulties, the DR received US$2 billion in investment in 2009, down from US$2.8 billion in 2008. Martinez stressed that the government has designated 2010 as the “Year of Economic Reactivation.” He said he makes his predictions because growth is already 9%in the first trimester. He expects the growth sectors for investment to be telecommunications (US$500 million), mining (US$600 million), free zones and construction, taking into account exports to Haiti.
Martinez said that the DR has begun to take leadership in innovation. “We don’t have another option. As a small nation, innovation is key,” he said.

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