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.
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.