| The Dominican Republic is a beautiful island which | | | | The cape Cana tourism complex is one of the |
| lies in the heart of the Caribbean islands, it's | | | | numerous beneficiaries of this recent flow of |
| serene and naturally stunning beauty has made it | | | | investment and it has a 10year development plan |
| over the years, one of the holiday seeker's most | | | | with estimated investment of about a billion |
| alluring places of refuge. Its sheer warmth and | | | | dollars, the complex boasts of 25,000 square |
| hospitality has made it a tourist's haven, much to | | | | kilometer of land, inclusive of about 8km of |
| the delight of the local people who have gone the | | | | unspoiled beaches, the complex is also expected |
| extra mile to keep the estimated 3million yearly | | | | upon completion to include hotels, villas, apartment |
| visitors like you and I coming by investing heavily | | | | buildings, three 18-hole golf courses, and a marina. |
| in building new five star hotels, airports to handle | | | | Antlantica, a collection of resorts on the islands |
| ever increasing traffic, more and more resorts, | | | | northern regions is also underway and initial |
| relaxation spots, beaches and the like. | | | | investments are expected to hit $150 million mark. |
| These facilities are commendably all state of the | | | | Some major hotel giants also have project |
| art and standard, and one would expect them to | | | | underway in the islands, notably the Hilton group. |
| cost a small fortune but surprisingly there's also a | | | | Already it has launched a local manages a local |
| lot of flexibility in the cost of making use of these | | | | hotel chain called the coral hotels and it is looking |
| facilities, there are facilities to match the budgets | | | | to build on that undoubtedly because of the |
| of everyone from small, medium to low, meaning | | | | excellent tourism potentials the island holds. Hilton |
| we can all go ahead and have fun no matter how | | | | has also recently made a $40million dollar |
| lean our credit cards are. | | | | investment on a 21 storey 228 room edifice in |
| The tiny island nation has also been attracting a | | | | the capital Santa Domingo and it is reputed to be |
| lot of foreign financial investments lately making it | | | | the best in its class in the city. |
| a hot destination for business executives from as | | | | The UK's Buy bonus LTD also has made plans to |
| far out as Europe, more especially with the | | | | put in over a $100 million dollar into a new hotel |
| setting up of the parque cibernetico (cybernetic | | | | project. |
| park). The parque cibernetico is a reserved area | | | | Even as public and private investment continue to |
| constructed to encourage technology based | | | | rise, the government of the Dominican Republic |
| investors to set up shop in the tiny island nation. | | | | have also shown an even stronger resolve and |
| Many investors now come into the islands with | | | | determination to win even more investors over |
| the intention of staying and most have massive | | | | as so as to continue to provide the much needed |
| long-term infrastructural projects in the early | | | | jobs for its people. Thus it plans to leverage more |
| planning stages. Government sources revealed | | | | on the tourism potential of the island and focus |
| that direct public and private investment figures | | | | less on its more traditional source of income |
| hit the $1.9 billion mark by the end of year 2005 | | | | which used to be agricultural exports such as |
| and this figure is expected to rise yearly. | | | | Sugar, Coffee and Cacao. |