Business Forum “Dominican Republic: Caribbean Logistic Hub”

On the 28th of last November, the I Business Forum Dominican Republic: Caribbean Logistic Hub was held in the Clock Building of the Port of Valencia, organized by the Consulate of the Dominican Republic in Valencia along with Las Provincias newspaper and which also counted on the support of SYM Naval, MPG Logistics, Baleària, Valenciaport and Banco Sabadell.

The reason for holding such an event was the creation of an ideal situation to allow the diplomatic and consular authorities of the Dominican Republic to present the benefits of the Caribbean country as an optimal gateway to the American market for its infrastructure and tax benefits. Since at the same time autonomous authorities of Valencia and their respective port representations participated in the forum, as well as a relevant business representation of the sector in which the SYM Naval team is included, other issues of special consideration such as the port infrastructure that unite both countries and experiences with success stories that have been carried out by different companies.

The forum began with a welcoming act led by Julián Quirós, director of Las Provincias; Rafael Climent, Minister of Sustainable Economy of the Generalitat Valenciana and Jorge Cordero, consul of the Dominican Republic in Valencia.

Subsequently, Hugo Rivera, Deputy Minister of Foreign Affairs for Economic Affairs and International Cooperation of the government of the Dominican Republic, developed his presentation to highlight his country as a commercial gateway to the Latin American and Caribbean area. Then, Carlos Dalmau, director of International Solutions at Banco Sabadell, gave his presentation on the importance of the Dominican Republic as an entry link for European products in the ports of the United States.

After a brief pause, the roundtable discussions were moderated by Miguel Garín, director of International Business Development of the Valenciaport Foundation, in which Francisco Lage, CEO of SYM Naval actively participated, and in which notable issues were discussed as the connection between both continents and the abundant business opportunities presented by the Dominican Republic.

In summary, this first business forum held in Valencia was a great opportunity to value the present and potential port and commercial activities of the Dominican Republic, as well as its connection with national companies from Spain. In the words of Francisco Lage: “The Dominican Republic grows sustainably in the free zone sector creating an interesting opportunity for the relocation of production centers of companies that consider the North American market.”