Home World Minister of Industry affirms more than 137,000 Dominicans have recovered jobs

Minister of Industry affirms more than 137,000 Dominicans have recovered jobs

Ministro de Industria afirma más de 137,000 dominicanos han recuperado empleos

The Minister of Industry, Commerce and MSMEs, Víctor -Ito- Bisonó, highlighted the dynamism with which the jobs in the manufacturing industrieswhich average over the period January-April this year, more than 137,633according to data from the Social Security Treasury.

The industrial subsectors that greater jobs have recovered are the manufacture of pharmaceuticals 110%manufacturing of soaps and detergents 115%plastic production 108%, production of oils and fats of vegetable and animal origin 106%, manufacture of chemical substances 103%, manufacture of milling products 104%, manufacture of dairy products 101% and the basic industries of iron and Steel 101%; these subsectors have registered more employees in 2022 than in 2020.

“Dominican Republic, exhibits a enviable economic behavior with respect to the other countries in the region, as well as an expansion of our growth, especially in the last 18 months, which places us as a reference model for the main international organizations,” said Bisonó.

The follow-up report local manufacturing situation carried out by the MICM reports that the accumulated interannual growth of national industrial exports is 30.9% thanks to the fact that exports accumulated US$ 638 million. LCumulative sales January-March 2022 register RD$249,940 million which indicates an accumulated interannual growth: 23.3%.

industrial route

Minister Bisono visit weekly the facilities of the industries to learn first-hand the processes, and offer the support of the government to speed up investments that generate more jobs.

This week he toured the facilities of Bepensa, a company dedicated to the production, bottling and marketing of more than 11 Coca-Cola Company brands and has 18 distribution centers that cover more than 40,000l filled through 1,400 delivery routes in the whole country.

He stressed that the beverage industry in the Dominican Republic contributes around 15,600 jobs and almost 270 companies. He recalled that in 2021, the production of beverages was the manufacturing subsector that made the most contributions to internal collections, representing 33.6%, equivalent to RD$51,466.7 million.

The head of the MICM recalled that total sales of beverage production presented an average year-on-year growth of 9.0%, going from RD$58,896.9 million in 2010 to RD$148,228.9 million in 2021year in which sales increased 27.1% compared to 2020.

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