Santo Domingo.- Entrepreneurs will invest more than US$9 billion in tourist projects in Dominican Republic’s major resorts, said Tourism minister Francisco Javier Garcia Wednesday.
The works will begin in the coming weeks in Bavaro, Punta Cana, Miches, Sabana de la Mar and Juan Dolio, in the east; Puerto Plata in the north, and San Juan River and Samana in the northeast, investments he said will strengthen the Dominican destination in the world’s major markets, especially Europe.
Garcia said the investments are also to build golf courses, international tennis courts and a convention center in Santo Domingo, among others. “Tourism is emerging as a market of high quality and it’s booming. Domestic and foreign investment is at its best, even better than in the past 20 years.”
The official noted that there’s currently no Latin American or Caribbean tourist destination with better profitability that Dominican Republic’s, “where reuests to develop new investment projects arrive daily. This compels us to develop a plan of vital infrastructure.”
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