SANTO DOMINGO.- VICINI’s Managing Partner, one of the most important firms in the Dominican Republic, assured that this country makes an attractive destination for foreign investors, given it offers very interesting return rates adjusted to current market trends”.
Felipe Vicini spoke during the First Investment Forum organized by the CEI-RD which is taking place in the Dominican capital featuring the attendance of over 250 participants, foreigners mostly, whom are exploring possibilities of making investments in this Caribbean nation.
The businessman presented several successful examples of foreign investments managed by VICINI. Such is the Italian company, Colacem that 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, for 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 advice 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”.
He explained VICINI advises businessmen and companies interested in the best practices and investment formulas in the Dominican Republic. Operating through specialized agents, each of them focused on the Northern Latin America region, aiming to create long-term value for investors, clients, partners and associates.
Currently the firm features four investment platforms: Energy & Industry; Financial Services; Food & Beverages; and Tourism & Real Estate, headquartered in the Dominican Republic, with presence in Colombia, Venezuela, Guatemala, Puerto Rico and Panama.