Dominican Republic

The review concludes that FDI has led economic diversification in the Dominican Republic and that the legal and regulatory framework for FDI in the country is open and liberal, containing very few restrictions.

It recommends the adoption of a new Investment Law to reflect the good treatment of foreign investors in practice.


The IPR proposes ways to strengthen the Government´s investment promotion arm, CEI-RD, and the coordination among CEI-RD and other agencies involved in investment promotion, with a view to strengthening the national investment promotion effort, and ensuring its coherence.


Finally, the IPR recommends policies to attract more technology-driven FDI and higher value-added operations to the country, including concrete recommendations geared at achieving a "best-in region" investment framework within five years.


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  • The Investment Policy Review (IPR) programme provides developing countries and countries with economies in transition concrete recommendations to improve policies, strategies and institutions for attracting foreign direct investment (FDI) and deriving greater benefits for sustainable development.

    The IPR process is country-specific and involves:

    1. the review of the policy, regulatory and institutional environment for investment;
    2. the identification of strategic investment priorities consistent with the Sustainable Development Goals (SDGs) and in line with the national development objectives; and
    3. a set of concrete recommendations.


    Follow-up support to foster the integration of the IPR recommendations into the country’s reform agenda and their implementation is provided as part of the review process.

    UNCTAD has undertaken IPRs in more than 50 countries since 1999 and the implementation of IPR recommendations has had significant impact in their business climate. As shown by the World Bank’s Doing Business Indicators, out of the top 10 reformers among developing countries, half were IPR countries each year between 2013 and 2015.The FDI performance by country also suggests a positive impact. Out of 32 countries for which the IPR was published more than three years ago, 29 have experienced an increase in FDI inflows in the following years. And for 19 of them, such increases have been dramatic, with FDI inflows having more than doubled.


    For further information please contact Chantal Dupasquier, Chief, Investment Policy Review Section at: Chantal.Dupasquier@unctad.org.

  • Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.

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