Felipe Vicini, VICINI’s Managing Partner, assured that the Dominican Republic is the ideal recipient for foreign investment, and can serve as a bridge to convert those investments into regional investments all throughout Central America and the Caribbean. The executive spoke in the First Investment Forum inaugural panel, an activity organized by the CEI-RD, where he explained the investment model used by his asset management firm, at the same time that he presented VICINI as an ideal partner for investing in the Dominican Republic.
During his presentation, Vicini mentioned many examples of successful foreign investments made in the country, managed by his firm, in different sectors of the economy.
He mentioned examples such as the partnership with Colacem an Italian company, with views to set up the modern Domicem cement plant in the Dominican Republic. The partnership with Pinewood Indomina from the United Kingdom, to develop the most modern film and television studios in the region, Pinewood Dominican Republic Studios. Another partnership that relied on VICINI’s advisory services was Gerdau from Brazil, to form the joint venture between INCA and Metaldom, hence creating Gerdau Metaldom, as a leading steel producer in Central America and the Caribbean.
He also pointed out “the investment made by Grupo Sura from Colombia, to purchase ProSeguros, in light of the guidance provided by VICINI regarding this asset after the spin-off from Grupo Progreso. Another successful transaction was the purchase made by Grupo Nutresa also from Colombia, to take over Helados Bon”.
The firm features 4 investment platforms, which are: Energy & Industry; Financial Services; Food & Beverage; and Tourism & Real Estate, headquartered in the Dominican Republic with presence in Colombia, Venezuela, Guatemala, Puerto Rico and Panama.
Source: El Caribe