French entrepreneurs support the country in urban mobility solutions

The France Week 2021 served as the stage for the dialogue between Dominican and French businessmen, politicians and technicians with reference to the development of sustainable cities in the Dominican Republic, placing special emphasis on the transformation of urban mobility.

The business forum, organized by the Franco-Dominican Chamber of Commerce and Industry (CCIFD), served as a platform to strengthen commercial ties and cooperation between the country and France, what is the seventh largest foreign investor in the Dominican Republic, with more than $ 1,500 million euros.

The Minister of Industry, Commerce and Mipymes, Víctor “Ito” Bisonó, welcomed the decision of the French to invest in the Dominican market and invited them to continue establishing their companies in the country to serve other Latin American nations from here, given the strategic location and the legal security it offers.

The French ambassador to the country, Eric Fournier, pointed out that the economic, financial and social stability of the Dominican Republic has been the key platform that has allowed French companies to be more and more present.

He pointed out that 30 subsidiaries of French business groups established in the country employ about 10,000 people in sectors such as transportation, distribution, telecommunications, industry, energy, water and other services.

Likewise, the French foreign trade delegate, Franck Riester, highlighted his country’s desire to continue cooperating with the Dominican Republic in sectors that are key to national development such as transportation, in which businessmen from their country have already contributed, through the construction of the Santo Domingo Metro and Cable Car.

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The president of the Franco-Dominican Chamber of Commerce and Industry, Mónika Infante Henríquez, highlighted that the country’s long political and economic stability, as well as its excellent business prospects that position it as a excellent destination for foreign investment not only in the Caribbean but throughout Latin America, an important reason for the French to continue investing.

“From the Chamber of Commerce and Industry we will continue working to motivate more French companies to come to the Dominican Republic and invest in our country. Likewise, continue promoting spaces for discussion and reflection to ensure that our cities are increasingly livable, inclusive and sustainable, ”said Infante Henríquez.

The French Week addressed topics such as renewable energies, environmental protection with the themes of water, sanitation and solid waste treatment, smart cities and a business lunch with the National Council of Private Enterprise (Conep) and the delegation French business.


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