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Thursday, October 21, 2021

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Canadian company announces investment expansion in the Dominican Republic

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The Canadian firm Hillsdale Asset S.A expressed its decision to expand in the country in the current situation, based on the confidence that the business climate in the Dominican Republic inspires.

Hillsdale Asset, with investments in the Dominican Republic since 2008, is dedicated to the manufacture and production of textile products, which is currently established as a free zone in Moca, Espaillat province, where it provides 400 direct jobs.

According to a statement, Robert Saad, CEO of the company, was received by the Dominican ambassador to Canada, Michelle Cohén, to whom he expressed his interest in establishing a new industrial warehouse in the province of Santiago, where they plan to generate 600 more jobs.

During the conversation with the diplomat, the investor “said he was motivated by the large number of resources that the Dominican Republic has, the trust and the favorable investment climate generated by the current government management, headed by President Luis Abinader,” he says. the press release.

On behalf of the Dominican Government, Cohén thanked Saad for trusting the Dominican Republic as an investment destination.

Hillsdale Asset S.A, in addition to being recognized for the manufacture and elaboration of high-quality textile products, bases its operations on green energy and stands out for offering a favorable organizational climate for its collaborators.

Saad stated that his company has focused on adopting as strategic pillars within its business model the component of sustainability, social responsibility, innovation, the use of state-of-the-art technology, as well as quality control, and compliance with high industrial standards to be at the forefront aligned with the requirements and demands of the current context.

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