Abinader states the Dominican Republic is an ideal business and investment destination
Dominican President Luis Abinader stated that the Dominican Republic is an ideal business and investment destination because it provides confidence for many economic players.
His remarks came at the inauguration of the new corporate headquarters of the Cibao Savings and Loans Association (ACAP), with an investment of 1,600 million pesos, where he added that all the plans that the government has launched are aimed at a single objective: to create jobs and make the Dominican Republic a country of opportunities.
“The year 2020 was very hard, but 2021 is already the beginning of a rapid and deep recovery that will allow us to advance in all fields with an acceleration never seen before”, said the president.
He insisted that the government has been pushing for months to create a positive business and investment climate.
Abinader said that the new Cibao Savings headquarters reaffirm that they are on the right track and that they share the same goal with Dominican society.
He argued that the foundations they are laying now will be the best pillars to sustain a better future.
“And this is what you, the Cibao Savings and Loans Association, have done, with a headquarters like this that we visit today, they have planted the best conditions to continue developing successfully”, said Abinader.
He stressed that ACAP was created in 1962 within the Association for the Development of Santiago and for almost 59 years it has stood out for supporting, through credit, the urban development of one of the most important cities in the country.
The head of State also appreciated that housing finance has been at the center of ACAP’s credit policy, helping many Dominican families to achieve the dream of a roof of their own.
Confidence in the future of the national economy
The president of the ACAP board of directors, Rafael Genao, thanked President Abinader for his presence and stressed that the construction of this work is an expression of confidence in the future of the national economy.
Genao reported that the work was carried out with an investment of 1,600 million pesos and although the incidence of the pandemic caused some delays, thanks to the effort and determination of the work team they were able to continue and conclude successfully.