The Caribbean Export Development Agency (Caribbean Export) has commenced their expansion of the Angel investment footprint within the Dominican Republic and Haiti following the hosting of the first Bi-National Angel Investment workshop in collaboration with several partners, including the Centre for Innovation for Business Development and Entrep
Canada ambassador Steve Coté affirmed Monday that his country is increasingly interested in expanding investment, especially in coordination with Dominican Republic’s Export and Investment Center (CEI-RD).
AES Corp. on Monday inaugurated the Los Mina Vll power plant with a capacity of 114 megawatts of clean energy, and whose total 324 megawatts makes the Dominican Power Partner the country’s largest natural gas-powered energy complex.
An adviser and board member of Kairos Flex Fuels, a leading distribution company for the Caribbean of E85, a hybrid fuel, a gasoline and ethanol mix (85% ethanol), considers that Dominican Republic has a high potential to produce ethanol for the entire Caribbean.
The Money Laundering Law approved by the Senate on Tuesday limits cash movements and penalizes certified public accountants (CPAs) who, without receiving a record of the means of payment, legalize or implement cash transactions, which are punishable in the proposed legislation.
Dominican Republic’s National Petroleum and Mining Chamber, in its pan to develop the mining and hydrocarbons industry (2012-2030), aims to attract investments as high as US$10.0 billion to the sector, an objective which has already managed to capture US$6.02 billion, said its president on Tuesday.