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DR presents advances in Production Transformation Policies in Egypt

DR presents advances in Production Transformation Policies in Egypt

The Competitiveness Council is the national institution that promotes the transformation of production policies, through the pillars of the Dominican Competitive Agenda with support from the OECD.The revision of the Production Transformation Policies (PTPR) of the Dominican Republic is carried out in essential sectors of our economy such as agribusiness, innovation, free zones and national productive logistics.

November 24, 2019, Santo Domingo.- The National Competitiveness Council presented the progress of the Dominican Republic on the revision of Production Transformation Policies (PTPR), at the 13th Plenary Meeting of the Organization for Cooperation and Development Economic (OECD), within the framework of the Policy Dialogue on Global Value Chains, Transformation and Production Development, sponsored by the Egyptian Ministry of Commerce and Industry, held from november 20 to 21 in Cairo.

The analysis of the PTPR of the DR is focused on three main axes: the transformation of the food industry as a development potential, the promotion of productive chains between local industry and free zones, the development of a logistics and light manufacturing strategy, taking advantage of the nearshore condition with the United States and support for the implementation of the National Innovation Strategy; taking best practices from developed countries, which 40 or 20 years ago had similar characteristics to ours, and that currently are among the top positions in the Global Innovation Index.

The meeting was attended by officials and representatives of many Latin American countries related to the export sector. COMPETITIVENESS was attended by the technical director, Laura del Castillo; the Minister of Industry and Commerce (MICM), Nelson Toca and the executive director of the National Council of Free Zones of the DR, Luisa Fernández.

Currently, the Dominican Government has been investing about 18 billion pesos in productive development policies, an amount that is disaggregated into different components and from the COMPETITIVENESS Council seeks to align all public actions so that the results are of greater impact on the country.

In the case of the Dominican food industry, it is divided into three key aspects: the first, on the promotion of services for Agricultural extension; the second, on effective public-private cooperation for research, development and technology transfer; and the third, about new market opportunities to take advantage of the potential of our products.

Its reminded that in July of this year, COMPETITIVENESS with an OECD delegation that visited the country, held workshops with technicians, representatives and public-private authorities, with the aim of analyzing the public policies of the national productive sectors , access to public services, changes in business models, access to financing, institutionalist, sustainable growth, environment, among other issues affecting the local economy. The commission was structure in four stages: diagnosis, general analysis, specific analyzes and recommendations-execution accompaniments.

About the 13th Plenary Meeting of the OECD

The OECD initiative on global value chains (GVCs), transformation and development of production is a global platform for peer learning and knowledge sharing. It brings together government and business stakeholders from Africa, Asia, Latin America and the OECD to address emerging economic challenges. The objective is to improve the evidence and identify policy guidelines to promote development through the transformation of production, improvement and better participation in global value chains.

The initiative is part of the implementation of the OECD Development Strategy, adopted by the OECD Council at the ministerial level in May 2012. The plenary meetings are organize twice a year and are organize by the OECD, by country and country. Partner institutions, which follow the rules of Chatham House and provide an opportunity for peer learning and knowledge sharing among participants.

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