Thursday, April 17, 2008

ITALIAN INVESTMENT IN DOMINICAN REPUBLIC

http://www3.diariolibre.com/noticias_det.php?id=12549



April 16, 2008.

The Italian investment in the country in excess of US$ 1000 million dollars. The Cámara de Comercio (Chamber of Commerce) is available to investors.

Tourism is an attraction.

Santo Domingo. The president of the Cámara de Comercio Domínico-Italiana (CCDI) (Dominican-Italian Chamber of Commerce) Enrico Citati, said that because of the increasing promotion conducted by the organization that he presides, to the country has entered around one billion dollars.

He noted the good climate for foreign investment in the country, and at the same time he favors that other countries invest in the Dominican Republic.

Also, Citati said that he encourages other countries to invest in this country.

He said that the CCDI is the only organization that it is officially recognized by the Italian state in the Caribbean basin.

"Not only the current business climate, which the facts define as extremely favorable, but also the same statistics offered in the history of relations between the two countries," he said.

He indicated that the process of strengthening of the tools that will be available provides a strong push toward computerization, through an interactive website dedicated to providing and to gathering business and commercial information.

In that sense, it was announced the implementation of the tools of business services such as legal domiciliation of companies, the extra judiciary settlement of disputes through arbitration procedures, and the optimization for the partners of their business relationships through a reference information tool.


By Adonis Santiago Diaz

FREDDY MIRANDA
Translated by
Orlando Alcántara

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