90 projects seek to set up in the border area to benefit from incentives of Law 12-21

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The Ministry of Economy, Planning and Development (MEPYD) reported that it had evaluated 90 project proposals that wish to operate under the incentive regime of law 12-21, of which the Coordination Council of the Special Border Development Zone (CCDF) has approved 84.

The publication details that the total amount allocated to the PCS for these projects amounts to RD$ 953.2 million, with an average of RD$ 11.3 million per company.

Regarding the economic activity of the projects submitted under the new regime of law 12-21, most of these are dedicated to agricultural activities (42.9%), followed by those dedicated to manufacturing activities (34.5%).

Add that, of the approved companies, almost 9 out of 10 companies are located in the northern part of the border zone, most of these in the province of Monte Cristi (64.3%), followed by Santiago Rodríguez (13.1%) and Dajabón (10.7%).

This number of requests represents an increase of new projects of 36.9% of the total requests received by May 2025, according to the report "Border Monitor" corresponding to the aforementioned month.

Regarding job creation, the document indicates that it is expected that under the new incentive regime, a total of more than 13,500 jobs will be generated, above the number of jobs for the previous law 28-01.

According to the provisions of Law 12-21 and its implementing regulations, beneficiary companies are obliged to formulate a Social Commitment Plan (PCS), which seeks to generate a positive impact on the communities surrounding the area where the company operates, ideally aligned with the main needs of the territory. The publication details that the total amount allocated to PCS by these projects amounts to RD$ 953.2 million, with an average of RD$ 11.3 million per company.

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