Santo Domingo.- The Dominican Republic has once again emerged as the top destination for foreign direct investment (FDI) in Central America and the Caribbean, maintaining its leadership for the third consecutive year, according to the UNCTAD World Investment Report. In 2024, the country attracted US$4.523 billion in FDI, surpassing the US$4 billion mark annually since 2022—a reflection of sustained investor confidence and a stable business environment.
Biviana Riveiro Disla, executive director of ProDominicana, credited the milestone to the country’s strong macroeconomic foundation, effective public policies, and institutional reforms under the leadership of President Luis Abinader. Despite a global 11% drop in FDI due to financial and geopolitical challenges, the Caribbean saw a 21% increase—driven largely by the Dominican Republic’s economic stability.
The country also accounted for nearly 50% of all FDI received by small island developing states (SIDS), which collectively totaled US$9 billion. Notably, the Dominican Republic led the region in renewable energy investment, particularly in solar and biomass projects, reinforcing its role in the global transition to sustainable development.
To support this momentum, ProDominicana continues to streamline investment processes through tools like the Single Investment Window (SIM), which integrates 26 institutions and manages 41 procedures. This platform has already assisted over 580 investors in high-impact sectors, further solidifying the nation’s reputation as a top