boca chavón marina - CEI-RD

Dominican
Republic
leads
the
Caribbean
Investment
Participation
with
52.17%
We
are
strategically
located,
this
is
the
perfect
time
to
invest.
We
present
you
BOCA CHAVÓN MARINA
Dr. Jean Alain Rodríguez
Secretary of State
Executive Director
February 2013
Population: 9.3 million
Total labor force: 4.4 million
GDP: US$55 billion
GDP per capita: US$5,538.3
DOMINICAN REPUBLIC AT A GLANCE
Source: Central Bank of the Dominican Republic
In the course of last decades,
the Dominican Republic has
transformed deeply, going from
an economy of only some
agricultural basic products
(Commodities) to quite a
diversified, vibrant and modern
society.
DOMINICAN ECONOMY AND TRADE
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Stable economic and political environment
FDI Friendly environment – Open Market
Sound legal framework for foreign investment
One (1) of Six (6) to hold Trade Treaty with EU and USA
Five (5) Trade Treaties (DR-CAFTA, EPA, ALC RD –CARICOM, ALC –RD Central America, AAP – RD PANAMA)
Competitive, qualified/Trainable labor force
Modern transportation infrastructure
Advanced and reliable telecommunication infrastructure
Supporting Industries & services, Competitive costs for doing business
Near Shore location
Quality of Life
WHY THE DOMINICAN REPUBLIC?
•  Foreign Investment Law 16-95
•  Industrial & Services Free Zones Incentive Law 8-90
•  Incentives for the Promotion of Export Law 84-99
•  Border Development Incentive Law 28-01
•  Renewable sources of Energy Law 57-07
•  Promotion of Tourism Development Law 158-01
•  Textile Industry National Priority Law 56-07
•  Special Incentives for the Pensioned Financiers of Foreign Source Law 171-07
INCENTIVE LAWS
• Real estate and touristic project developed at the edge of the Chavón River.
• Located in Altos de Chavón, Province of La Altagracia
• It is 10 minutes from La Romana International Airport and 90 minutes from
Las Americas International Airport, in Santo Domingo, capital city from the DR.
BASIC OVERVIEW
•  Being conceived with an
•  Eco-friendly ideology
•  Area to develop within the plot
of land will be of 52,104.15 m2
• Total area of construction will
be of 157,873.88 m2
• A luxury boutique (with casino,
spa, shopping area and
restaurants)
• 44 villas
• 6 prime plots of land where
individual buyers can build and
design their own exclusive villas
(within the project guidelines)
TECHNICAL DESCRIPTION
• 250 apartments
• 23 townhouses
• A total of 930 rooms
• 1,282 parking spots for
property owners
• 561 parking spots for
visitors and for public use
• 76 parking spots for golf
carts
• 12 parking spots for
motorcycles.
TECHNICAL DESCRIPTION
• Initial investment of US$350 Million
• An estimated 4-year execution period
• Boca Chavón Marina will create over 1,500 jobs, directly and indirectly
• It will also require more than 3,500 people from various levels within the tourism and hospitality
sector to initiate operations
FINAL DESCRIPTION-COST
A striking feature of the project will be the construction of three artificial islands, located within
the boundaries of the project.
• First island: 11,000 m2
• Second island: 9,500 m2
• Third island: 41,900 m2
• Total occupation of an approximate volume of 280,000 m3
ARTIFICIAL ISLANDS
INVEST IN THE DOMINICAN REPUBLIC