AGP Executive Report
Last update: 9 hours agoTourism & Local Development: Tourism Minister David Collado said the government is pouring RD$135 million into a new recreational park in Bajos de Haina, built on state land valued above RD$600 million, with major private support from EGE Haina Group and reforestation actions by the Environment Ministry. Energy Regulation: Environmentalist Enrique De León renewed criticism of the “sun tax,” saying the 25% charge on residential solar power fed into the grid still hasn’t been removed despite earlier commitments, warning it could slow rooftop solar investment. Industry Policy: AIRD urged Senate review of the Anti-Crisis Plan, saying there’s room to adjust public spending and called out the elimination of ITBIS on asphalt and AC-30 as creating unfair treatment that favors imports over local production. Construction & Compliance: MIVHED set a one-year transition (until April 10, 2027) for progressive implementation of the new Dominican Construction Code, with “grandfathering” for projects already submitted. Renewables Outlook: SENI data shows solar is driving renewable growth, with installed solar capacity up 100 MW between 2025 and June 2026 and solar now a key part of the clean-energy push. Cybersecurity for Rail: DNV won a cybersecurity services contract for Santiago’s monorail, supporting FITRAM with proactive cyber risk management for safety-critical signaling, train control, power supply and digital systems. Finance & Trade: Banco Popular secured up to US$50 million from Spain’s ICO to fund projects tied to tourism, energy, construction, real estate and hospitality, including sustainability and digital transformation. Defense Procurement: CCC signed an MoU with the Dominican Ministry of Defence to create a government-to-government procurement pathway for Canadian defense goods and services. Cruise Sector: Puerto Plata was selected to host the PAMAC Cruise Summit 2026 (June 22–26), expected to boost hotel occupancy and spending across transport, retail and tourism services. Tech & Payments: Paradigm led a US$9 million Series A for El Dorado, expanding stablecoin cross-border payments across 12 Latin American countries, including business payments for corporate clients. Remittances: The Central Bank reported remittances of US$5.1701B in the first five months of 2026 (+5.4% y/y), with the U.S. accounting for 82.3% of formal flows in May.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.