Intertextile Shanghai 2026
cinte techtextil 2026
itma 2027

Dominican Republic Promoted as Prime Hub for Textile and Footwear Investment

President Luis Abinader recently highlighted the Dominican Republic as a prime destination for textile and footwear investments at the American Apparel and Footwear Association (AAFA) Executive Summit. Speaking at the “Global Supply Chain and Trade” conference, he emphasized the country’s strategic location, reliable workforce, and modern infrastructure as key competitive advantages. Abinader positioned the Dominican Republic as an ideal partner for U.S. companies seeking efficient and stable supply chains, particularly as nearshoring gains importance in reducing costs and improving global trade resilience.

Dominican Republic Strengthens Position as a Global Textile and Manufacturing Hub

Ranked as the seventh-largest economy in Latin America and the Caribbean, the Dominican Republic is expected to grow by 5% in 2025. Abinader underscored the nation’s attractive business environment, marked by clear policies, investor confidence, and a solid legal framework. He also highlighted the country’s exceptional connectivity, with eight international airports, 182 daily flights, and advanced maritime infrastructure, which further enhances its position as a competitive global trade hub.

The president pointed to the country’s skilled workforce and the Free Zone Regime, which provides tax exemptions and operational stability for businesses. The regime currently supports over 850 companies, generating $8.6 billion in exports. Abinader noted the country’s evolution from light manufacturing to fully integrated production, with major global brands like Hanes, GILDAN, and Timberland already capitalizing on its favorable business environment.

Abinader also highlighted the government’s continued support for sustainability initiatives and efforts to enhance the country’s industrial infrastructure. He reaffirmed the Dominican Republic’s status as a key player in the global supply chain, offering security, efficiency, and growth opportunities for investors in the textile and footwear industries.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
AMEC AMETEX
spot_img
spot_img

Related News

Nigerian Government Launches Textile Revival Plan to Create 1.5 Million Jobs

The Nigerian government has stepped up efforts to revive...

The Global Fabric Industry in 2026: Who Will Lead the Next Decade?

The global textile industry has never been static. For...

The Countdown to ITM 2026 Has Begun: Global Textile Investors Will Meet in Istanbul

The countdown has begun for ITM 2026 International Textile...

Texprocess 2026 Reflects a New Era of Integrated Digital Manufacturing in the Textile Industry

Digital Transformation Moves Beyond Experimentation The 2026 edition of Texprocess...

Vietnam Textile Industry Attracts High-Tech FDI

Vietnam’s textile and garment sector is increasingly attracting high-tech...

12 Things You Should Know About Türkiye’s Textile and Apparel Industry

Türkiye has long been recognized as one of the...

EU Backs Net-Zero Roadmap for Sri Lanka’s Textile Sector

The European Union has reinforced its support for Sri...

Can Africa’s $164 Billion Sovereign Wealth Funds Accelerate Textile Industrialization?

An Editorial Analysis by Kohan Textile Journal Introduction: Africa’s Industrial...

Water Use and Pollution in the MENA Textile Industry

Executive summary Textile manufacturing in the Middle East and North...

All You Should Know About Physical AI in the Textile Industry

Executive summary “Physical AI” is the next step beyond dashboards...

Bayramaly Textile Complex Commissions New Wool Yarn Production Unit

A new wool yarn production department has been officially...

India Pledges Support for Nigeria’s Textile Industry Revival

India has reaffirmed its commitment to supporting Nigeria’s cotton,...