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ProDominicana promotes Dominican Republic as strategic hub for Japanese companies

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The Dominican Republic strengthened economic and commercial ties with Japan through an official mission organized by the Dominican Embassy in Japan, Jetro, and ProDominicana. The forum highlighted the country as a strategic destination for Japanese investment, citing its location, macroeconomic stability, skilled workforce, and incentives in sectors such as free trade zones, tourism, renewable energy, real estate, automotive, aeronautical, technology, biomedical, semiconductor, and mining industries.

Trade between the two countries reached US$2.71 billion from 2019 to 2024, with Dominican exports to Japan rising 90.5% in 2024 alone. Significant growth was seen in medical instruments (135.5%), cocoa beans (121.7%), optical instruments, cocoa products, and pharmaceuticals. Minister of the Presidency José Ignacio Paliza emphasized the Dominican Republic as a reliable and strategic partner with a favorable investment climate.

The delegation, including Minister of Culture Roberto Ángel Salcedo, Vice Minister Hugo Rivera, and Ambassador Edward Pérez Reyes, visited key Japanese companies such as Yazaki, JOIN, and ShinMaywa, and participated in Keindaren, Japan’s main business council. They also promoted tourism to the Asian market, reinforcing the Dominican Republic’s strategy to diversify international partnerships and position itself as an attractive destination for investment and trade.

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