Although the mining contributes to the social and economic development of nations, foreign capital flows in this economic activity show a decrease of 29.5% between 2021 and 2022, going from US$535.9 million to US$377.3 million. This means a difference of US$158.6 million.
The foreign direct investment (FDI) directed to the real estate sector presented a negative year-on-year growth of 9.6%, indicate data from the Export and Investment Center of the Dominican Republic (ProDominicana).
This capital flow went from US$535.8 million to US$483.9 million, that is, US$51.9 million less.
The official entity establishes that the Dominican Republic received US$4,010.4 million foreign capital during the past year, 25.4% more than the US$3,196.8 million reported in 2021 and US$1,450.8 million difference compared to 2021, whose amount amounted to US$2,559.6 million.
In 2022, the travel and tourism industry captured 25% of the flow of foreign capital, that is, US$1,011.1 million. In addition, the data indicates that FDI for tourism has fluctuated in growth over the past five years.
Between 2017 and 2021, it presents an accumulated value of US$4,481 million, with 2019 being the period with the highest deposit of foreign capital (US$994 million). This is followed by 2021 with US$975 million; 2020, US$954 million, 2018, US$854 million and 2017 with US$704 million.
Meanwhile, energy received US$753.4 million, commerce and industry some US$599.5 million and free zones with US$362 million. To a lesser extent, telecommunications (US$192 million), the financial sector (US$169 million) and transportation (US$62 million).
The data indicates that the United States continues to be the country with the largest capital invested in Dominican Republic during 2022, reporting US$1,520.9 million, followed by Mexico (US$394.4 million), Canada (US$366.2 million) and Spain (US$346.5 million).