Business Environment
The Dominican Republic (DR) is one of largest and fastest growing economies in the region with one of the biggest populations. The service industry represents the primary sector of the economy, largely represented by tourism. Although Canada does not have a free trade agreement (FTA) with the DR and a number of Canadian firms are facing growing competition from countries with an FTA, there continues to be opportunities. Canada is one of the largest investors in the country (mining, financial services and manufacturing).
Key Industries
- Construction & Infrastructure
- Food & Beverage
- Power
How we can support your business
Through our representation in Panama City, Panama, we provide regional support to Canadian companies planning on or currently doing business in Dominican Republic. Our regional representatives have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market.
- We are well positioned to help Canadian companies through a range of financing and risk management services.
- Learn more about our service offering.