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Cacao, Plastics and Beauty Products to be Promoted<\/STRONG><\/P> The National Council for Competition (CNC) and the Association of Industries of the Dominican Republic (AIRD) signed an agreement to unite their efforts around a project known as \u201cIndustrial Innovation: Competing With Speed and Flexibility,\u201d financed by the Multilateral Investment Fund (FOMIN), the Competition Fund that administers the CNC with financing from the Inter-American Development Bank (IDB) as well as resources from the AIRD itself. <\/P> <\/P> <\/P><\/TD><\/TR> Cacao, Plastics and Beauty Products to be Promoted The National Council for Competition (CNC) and the Association of Industries of the Dominican Republic (AIRD) signed an agreement to unite their efforts around a project known as \u201cIndustrial Innovation: Competing With Speed and Flexibility,\u201d financed by the Multilateral Investment Fund (FOMIN), the Competition Fund that administers … Continue reading “Cacao, Plastics and Beauty Products to be Promoted”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-2025","post","type-post","status-publish","format-standard","hentry","category-noticias"],"_links":{"self":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/posts\/2025"}],"collection":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/comments?post=2025"}],"version-history":[{"count":0,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/posts\/2025\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/media?parent=2025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/categories?post=2025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/tags?post=2025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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Through this agreement, the CNC will assume the commitment of supporting the AIRD in all areas of financial administration of the project, such as the acquisitions and programming needed to assure that policy established by the bank is carried out and that web design resources are used to show progress and achievement in the productive clusters. Financial support of the CNC is nearly $225,000 dollars as the project cost itself has surpassed the 100 million peso mark ($3.3 million dollars).
\u201cThis decision of the FOMIN and IDB is a recognition of the confidence in the way the National Council for Competition, through FONDEC, has managed the Bank\u2019s resources which has been efficient and clever while working through the Program of Competitive Advantage,\u201d said Andr\u00e9s van der Horst \u00c1lvarez, Executive Director of the CNC.
Mr. van der Horst \u00c1lvarez added that \u201cwe feel highly satisfied because we are renewing the work and collaboration with the Association of Industries of the Dominican Republic, an entity that has been a pillar in the country\u2019s development,\u201d emphasized the CNC executive director.
Manuel Diez, President of the AIRD added that \u201cwe industrialists are committed to do our small part to help make the country competitive while achieving flexibility in our production processes in order to compete on a higher and faster level,\u201d said the businessman. He indicated that the country\u2019s industrial sector is going through a period of transition, throwing off an old model of development which centered its efforts in consolidation in an internal market. This transition is necessary because times are changing rapidly.
\u201cThe commercial opening has provided new opportunities, but has also placed before us before the challenge of taking advantage of diverse competitive situations that now lie before us in this sector. One of them is the speed and flexibility with which we\u2019re able to respond to the demands of our national and international clients. The clusters provide an excellent way of to do this,\u201d said Diez Cabral.
He explained that, together with the CNC, the productive sectors are in a process of undergoing cultural changes regarding the way business is done in the Dominican Republic.
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\nDate of Publication: February 26, 2008<\/TD><\/TR><\/TBODY><\/TABLE><\/p>","protected":false},"excerpt":{"rendered":"