President Luis Abinader announced on Monday that the Dominican Republic will receive nearly US$5 billion in general investments this year, with the tourism sector set to expand significantly through the opening of 4,000 to 5,000 new hotel rooms by year’s end. He added that an additional 14,000 to 15,000 rooms are currently under construction, underscoring the country’s continued growth as a leading destination in the Caribbean.
Speaking during his weekly press conference La Semanal con la Prensa, Abinader highlighted the broad economic impact of tourism, noting that each new visitor supports jobs and boosts local business activity. He stated that the number of hotels in the Dominican Republic “could easily double” in the coming years due to sustained investment confidence.
On the Santo Domingo monorail project, Minister of the Presidency José Ignacio Paliza explained that the government’s choice of this transport system is supported by international studies, including those from the World Bank. Paliza said the project addresses the capital’s growing traffic issues and is being developed with technical oversight from three experts, alongside collaboration from INTEC and PUCMM universities. He also announced a 45-day extension for bid submissions to give national and international firms more time to prepare their proposals. (https://dominicantoday.com/dr/economy/2025/10/07/dominican-republic-to-receive-nearly-us5-billion-in-investments-this-year/)
