Thursday, March 30, 2023

Banreservas active portfolio for tourism exceeded RD$35,868 million in 2022

The general administrator of the Banco de Reservas, Samuel Pereyra, highlighted that the active portfolio for tourism exceeded RD$35,868 million during 2022, with financing approvals of US$172 million for projects in this sector.

He said that RD$8,954 million were also disbursed for the hotel sector and financing of more than US$400 million was approved for working capital and development of tourism projects.

“All these investments have been necessary and are part of Banco de Reservas’ commitment to the development of the Dominican Republic,” Pereyra reiterated when speaking at the inauguration of the photographic exhibition organized by the Bank “Wealth in the Dominican Republic,” of the prominent lens artist, Eladio Fernández.

Pereyra revealed that Banreservas is evaluating new investments for an amount greater than USD$1.5 billion to guarantee the continued growth of tourism in the country. These resources will be used for the construction of new hotel projects.

Accompanied by a delegation of business executives from the entity, Pereyra will hold more than 30 business meetings with tourism investors who attend ITB Berlin, in order to attract and capture foreign investment for the sector for the benefit of the country.

He explained that the objective of these meetings is to ensure that businessmen and hotel chain owners feel attracted by the investment climate and natural beauties, so that they consider investing in the different tourist poles of the Dominican Republic.

culture and beauty

At the inauguration of the exhibition “Wealth in the Dominican Republic”, the Minister of Tourism, David Collado; the Secretary General of the World Tourism Organization (UNWTO), Zurab Pololiskashvili; Noelia García de Pereyra, president of the Banreservas Volunteers; as well as businessmen David Llibre, Marte Piantini, Frank Rainieri and Andrés Marranzini, among other personalities linked to tourism.

The pieces that make up the exhibition by photographer Eladio Fernández will be donated by Banreservas to the Dominican Embassy in Berlin, where they can be appreciated by visitors to the diplomatic headquarters.

Fernández’s work not only managed to capture the aesthetic, but also to raise awareness about environmental and ecosystem preservation. The set of his works constitutes one of the most extensive image banks on the environments of the Antillean area.

The exhibition at this fair will contribute to the beauty and natural resources of the Dominican Republic being appreciated by the thousands of visitors to this international event, considered one of the most important in the world tourism market.

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