An economic delegation from the Belgian region of Wallonia visits the Dominican Republic from this Monday, March 6 to Thursday, March 9 to seek new business partners in the health, logistics, digital, and green technology sectors, motivated by tax incentives, exemptions from customs taxes and other benefits offered by the country’s foreign investment policies.
The regional economic and commercial advisor of the Walloon Agency for Exports and Foreign Investments (AWEX), Cindy Pellegrini, reported that the “Walloon Economic Mission to the Dominican Republic 2023” is made up of the multinationals Transurb, Automatic Systems, Biotec International, Ecosteryl, Oncodna, from the areas of health, transportation, logistics, green technologies, among others.
He specified that the delegation promotes medical equipment, pharmaceutical products, green technologies, transportation and supply chain management, to help local companies optimize their efficiency and competitiveness.
The counselor of the official Walloon agency highlighted that “twenty years have passed since the last Walloon mission in the country, and after two decades, the challenges have changed and the needs of the markets have evolved; that is why this economic mission is the opportunity to introduce Walloon knowledge at an academic and commercial level to create potential synergies between the Dominican Republic and the Walloon region”.
He said that among the activities carried out in the country are a day of sectoral workshops with the participation of experts from the Inter-American Development Bank (IDB), the Dominican-Belgian Chamber of Commerce, Industry and Tourism (Belcham-RD), the Association of Hotels and Tourism of the Dominican Republic (Asonahores), among other entities.
Likewise, “B2B” meetings will be held with potential partners in Santo Domingo, and an official “networking” reception will be held with local decision makers and relevant contacts.
The Walloon Agency for Export and Foreign Investment (AWEX) is the institution in charge of developing and managing economic relations in the Walloon region of Belgium, both with the international and Walloon business community.
Its mission is also to support companies from all countries to establish themselves in the European market through Belgium, and more specifically through Wallonia, the logistics and industrial center of Western Europe.
The Dominican-Belgian Chamber of Commerce, Industry and Tourism (Belcham-RD) is a non-profit organization, founded in 1994, by Belgian and Dominican businessmen, with the purpose of encouraging and strengthening commercial, cultural and diplomatic relations between the Dominican Republic and the Kingdom of Belgium.
Today, Belcham-DR is one of the main binational European chambers of commerce in the country, and currently holds the vice-presidency of the EuroChamber of Commerce of the Dominican Republic.