Dominican Republic invites LATAM Capital to invest in new areas for tourism development

The exponential growth of the Dominican Republic in terms of tourism has led authorities to develop new alternatives that allow them to continue expanding the offer for visitors from all corners of the world.

For this reason, the Vice Minister for Economic Affairs and International Cooperation, Hugo Rivera, received representatives of the Latam Capital Group, who are currently developing projects in Punta Cana.

Rivera indicated to the Chilean group that the new model of sustainable tourism implemented in Pedernales seeks to attract investors such as Latam Capital, to give a seal of distinction and security to the project, together with respectable firms such as the group.

In this regard, Mario Alegría, CEO of Latam Group, said that “we addressed various issues with Vice Minister Rivera, especially the possibility of participating in the construction being carried out by the Dominican government in a new development area located in Pedernales, through the realization of a public-private partnership that is beneficial to all involved”.

In addition, he said that “here are the most beautiful beaches in the Caribbean and I would even dare to say that Pedernales has the best beaches in the world”.

“We believe that the Dominican Republic presents a very great business potential for foreign investors, which added to the invitation from the government to be part of this area that is just beginning to develop makes us very happy and we are obviously considering it”, concluded Alegría.