Corporación Zona Franca Industrial de Santiago: Best Location Industrial Free Zone Caribbean 2016

The largest and one of the oldest free zones in the Dominican Republic, the Victor Espaillat Mera Industrial Park – owned and operated by the Free Zone Corporation of Santiago (CZFS) – comprises a strategically located area of over a million square metres with a full infrastructure to support manufacturing plants, warehouses, and office buildings. The industrial park also includes a complete array of social services, educational institutions, and other facilities to support the approximately 20,000 people who work for the 174 companies present in the zone.

Opened forty years ago, the industrial park – organised in clusters for improved synergy and efficiency – has managed to keep its leading edge by continuous investment in the upgrading of its facilities. The Free Zone of Santiago has gained a well-merited reputation for the robustness of its services backbone – investors may benefit from the company’s vast reservoir of expertise in the management of industrial facilities.

A driver of the development of free zones, CZFS put in place a framework that allows investors peace of mind: a streamlined and easy-to-navigate regulatory environment ensures that plant operators suffer no distractions from their business pursuits. A non-profit private-public entity created to encourage industrial development, CZFS has made an outsized contribution to the local economy. The CFI.co judges congratulate CZFS on its many accomplishments and the company’s sense of corporate social responsibility. CZFS is named winner of the 2016 Best Location Industrial Free Zone Caribbean Award.

marten

Recent Posts

SegurCaixa Adeslas: Best Insurer Spain 2024

SegurCaixa Adeslas, a pre-eminent Spanish health insurance company, has demonstrated a formidable and truly impressive…

4 weeks ago

Banco BPI: Excellence in Sustainable Banking Initiative Portugal 2024

Banco BPI's dedication to sustainability is a beacon of proactive environmental and social responsibility. Beyond…

1 month ago

BSE Ltd: Champions of Capital Market Innovation and Efficiency Asia 2024

BSE Ltd, formerly known as the Bombay Stock Exchange, is a crucial player in India’s…

1 month ago

TMT Investments Plc: Visionary Leaders in Global Tech Venture Capital Europe 2024

TMT Investments Plc, publicly quoted on the AIM market of the London Stock Exchange since…

1 month ago

BNP Paribas Fortis: Outstanding Contribution to SME Financing Benelux 2024

BNP Paribas Fortis is a key player in the Belgian banking sector with a rich…

1 month ago

BAWAG Group AG: Best Banking Group Governance DACH 2024

BAWAG Group has reported 2023 net profit of 683 million euros, a ROTCE of 25…

1 month ago