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AmericasNovember 1 2017

Storms leave Dominican Republic’s investment potential undamaged

Recent extreme weather has threatened the Dominican Republic’s tourism sector, the country’s single largest generator of foreign direct investment. But investors are confident about its sturdy infrastructure, and its ability to fight off the Caribbean competition. By Lucinda Elliott with additional reporting by Silvia Pavoni.
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Waves crashing over seafronts, hazardous 160-kilometre-an-hour winds and people scrambling for shelter from storm surges. During the second half of 2017, the Caribbean has been battered on all sides by extreme weather. Hurricane Irma – which ranked as one of the most powerful Atlantic storms on record – swiftly followed by José and Maria, wreaked havoc on the region, underlying the vulnerabilities tropical weather poses to Caribbean economies. 

By a combination of sheer luck and improvements to the country's infrastructure, the Dominican Republic is weathering the regional crisis.

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