AGP Executive Report
Last update: 5 hours agoBilateral Water & Irrigation Tech: The Dominican Republic’s irrigation technification body (TNR) met Israel’s new ambassador, Oren Bar-El, to deepen cooperation on irrigation technification, efficient water management, and agricultural development. Disaster Readiness at Airports: COE and the Airport Department agreed to tighten emergency coordination, using heliports, airfields, and hospital landing facilities to speed rescue and emergency logistics. Cross-Border Trade Controls: AIRD backed new Customs (DGA) rules for goods transiting to Haiti, calling for clear procedures, deadlines, and enforcement to reduce disruptions and improve compliance. Finance & Investment Outlook: JPMorgan signaled interest in expanding in the Dominican Republic after talks with the Central Bank, citing renewed growth and strong FDI momentum. Construction Infrastructure Upgrade: The government plans to replace the Ozama River floating bridge with a bascule-style viaduct to cut long bottlenecks and improve logistics. Cruise Tourism Momentum: Puerto Plata’s Taíno Bay welcomed Celebrity Beyond, with September cruise calls across major lines supporting the country’s push to strengthen terminals and local benefits. Industrial Expansion (Cement): Cemento Panam (Grupo Estrella) acquired Cementos Fortaleza in El Salvador, adding a 350,000-ton capacity hub to its regional footprint. Aviation Innovation: Dominican AI aviation initiative SARA won a Women in Tech LATAM Most Disruptive Award, positioning the tool for broader regional evaluation. Remittances Funding: Félix Pago raised $200M to scale WhatsApp-based remittances and expand into lending and savings, aiming to leverage regulatory advantages for digital transfers.
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