Corporación Zona Franca Santiago (CZFS) is a cornerstone of the Dominican Republic’s economic success. It has made significant contributions to the economy, creating employment, attracting foreign investment, and boosting exports. CZFS provides thousands of jobs for Dominicans across numerous industries. The free zone fosters a diverse business environment, attracting companies from numerous sectors, leading to a wide range of opportunities. By providing training programmes and encouraging a skilled workforce, CZFS empowers Dominicans to contribute to the economy. CZFS plays a crucial role in attracting foreign investments. The free zone’s attractive incentives, combined with world-class infrastructure and services, make it ideal for international businesses. This influx of foreign investment injects significant capital into the economy, contributing to overall growth and development. Companies operating within CZFS contribute substantially to the Dominican Republic’s export sector. The free zone’s streamlined regulations and efficient logistics infrastructure are exemplary. CZFS helps generate valuable foreign exchange earnings and positions the Dominican Republic as a significant player in global trade. CZFS serves as a model for sustainable industrial development and is a catalyst for prosperity. The judging panel congratulates our winner on its 50th anniversary. Founded in 1974, CZFS stands as a testament to the vision of those who saw the potential to establish a thriving industrial hub. Its journey has been marked by outstanding transformation and remarkable resilience. Corporación Zona Franca Santiago wins the 2024 award Outstanding Contribution to the Economic Development (Dominican Republic).
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