Dominican Republic
ZF executives participate in Trade Fair in Germany
17 / November / 2017

November 17, 2017

SANTO DOMINGO.- With the aim of attracting investments of new companies to the free zones regime of the Dominican Republic, executives of the National Free Zones Council (CNZFE) participated in Medica 2017, the most important medical and pharmaceutical trade fare show in the world, celebrated annualy at the Dusseldorf Convention Center, in Germany.

The Dominican representation was headed by Luisa Fernández Durán, Executive Director of the Council, who in turn was accompanied by representatives of some of the companies that operate in the sector.

The fair received more than 127,000 visitors from 120 countries, and nearly 6,000 companies exhibited their products, services and the latest technologies in the health industry, explains a note from the Communications Department of the Ministry of Industry, Commerce and Mipymes.

Currently, 31 companies in the subsector of Medical Devices and Pharmaceutical Products are operating under the free zones regime in the country, generating over 22,000 direct jobs, with an accumulated investment of US $ 995 million. As a result of these investments, according to data from the Central Bank, in 2016 the free zones exported medical instruments worth US $ 1,496.7 million, representing a growth of 9.9% compared to 2015.

Source: https://elnuevodiario.com.do/...

Translation by the Promotion Department CNZFE

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