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U.S. sees strong opportunities for new private investments in the Dominican Republic
By Guzmán Ariza, Attorneys at Law
The U.S. International Development Finance Corporation (DFC) is accelerating its engagement in the Caribbean, with two major announcements that serve as a broader call to partner with private sector companies on projects that can spur economic growth.
DFC Chief Executive Officer (CEO) Scott Nathan this week completed a visit to the region with stops in the Dominican Republic and Jamaica. At the Presidential Palace in Santo Domingo, he was joined by Dominican Republic President Luis Abinader and USAID Deputy Administrator Isobel Coleman as he announced a $200 million loan to Banco Popular Dominicano to support the financing of loans to small businesses, as well as DFC’s plan to open a new office based in the Dominican Republic capital focused on increasing regional investment.
DFC sees strong opportunities for new private investments in both nations – and in partner countries across the Caribbean region.
“This is an exciting time for DFC in the Caribbean. This trip highlighted our strong belief at DFC that our work with governments, businesses, and investors in this region has tremendous potential. We are committed to building on this foundation,” CEO Nathan said. “The bottom line is this: We are here, we want to be here, and we want to do more.”
DFC is focused on particular opportunities in critical sectors for the region such as renewable energy, infrastructure, health, information and communication technology, and climate solutions. These sectors are among DFC’s top priorities and where it has deep experience financing projects in markets across the world.
DFC’s on-the-ground presence will advance the larger U.S. Government effort to support private sector development across the region.
In the Caribbean, DFC plans to strengthen its engagement with local partners using all of the tools at its disposal, including loans, technical assistance, and equity investments – all to unleash the power of private capital.
Guzmán Ariza, Attorneys at Law
Guzmán Ariza is a leading full-service law firm in the Dominican Republic, consistently ranked among the country’s top-tier firms by the most prominent global legal directories such as Chambers and Partners and The Legal 500.
With ten strategically located offices across the nation's principal business and tourism hubs, we are uniquely positioned to support clients in seizing opportunities within the largest and fastest-growing economy in Central America and the Caribbean.
Our multilingual team is well-versed in advising international clients across a broad spectrum of practice areas. In the field of intellectual property, we offer robust counsel and representation in both commercial transactions and litigation. Our services cover trademark and trade name protection, copyright and patent registration and enforcement, as well as licensing, assignments, and the transfer of IP rights.
Guzmán Ariza is globally connected through active memberships in prominent international legal networks, enabling us to effectively support cross-border matters and multinational transactions.