Inclusive and sustainable manufacturing and assembly of goods

Manufacturing  centers

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Inclusive and sustainable manufacturing and assembly of goods
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Resource Transformation
Industrials
Business Model Description

Expand manufacturing and assembly centers with advanced technology, focused on the production of consumer goods and components for export with a focus on inclusion and sustainability, taking advantage of the country's strategic location and its labor force.

Expected Impact

The adoption of advanced technologies could result in a decrease in the demand for unskilled labor, affecting those who depend on traditional jobs.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
10% - 15% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
> USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 1 million - USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Decent Work and Economic Growth (SDG 8) Responsible Consumption and Production (SDG 12)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Gender Equality (SDG 5) Industry, Innovation and Infrastructure (SDG 9) Life on Land (SDG 15)
Sector Sources
  • 1) MEPyD, 2022. Reflections for a new development model in the Dominican Republic: https://mepyd.gob.do/reflexiones-para-nuevo-modelo-de-desarrollo-en-la-republica-dominicana/ 2) MEPyD, 2021. Plan Nacional Plurianual del Sector Público 2021-2024: https://mepyd.gob.do/publicaciones/plan-nacional-plurianual-del-sector-publico-2021-2024/. 3) MEPyD. 2023. Feminización de la pobreza en República Dominicana: Probabilidad de Transición y Trampas de La Pobreza. https://mepyd.gob.do/publicaciones/feminizacion-de-la-pobreza-en-republica-dominicana 4) MICM, 2020. Decree 588-20 that declares industrialization as a national priority and creates and integrates the Presidential Roundtable on Industrialization, October 28, 2020: https://micm.gob.do/transparencia/base-legal-de-la-institucion/category/decretos-2020. 5) MICM, 2023. Participation and contributions of women in the local manufacturing industry: https://industriasrd.micm.gob.do/wp-content/uploads/2023/03/Informe-final-Participacion-y-aportes-de-la-mujer-en-la-industria-de-manufactura-local.pdf.
IOA Sources
  • 6) CDN, 2023: The industrial sector in the Dominican Republic represents 25% of the GDP, according to the AIRD: https://cdn.com.do/nacionales/el-sector-industrial-rd-representa-el-25-del-pib-segun-la-aird/ 7) MICM, 2023. MINISTERIO DE INDUSTRIA, COMERCIO Y MIPYMES Y SU IMPACTO EN LA ECONOMÍA DOMINICANA: UNA APROXIMACIÓN CUANTITATIVA: https://micm.gob.do/transparencia/images/pdf/publicaciones/libros/libros/2023/06-junio/Informe_MICM_Digital_R.pdf 8) CCDF 2023. 20 companies approved for the Border Zone under Law 12-21: https://ccdf.gob.do/index.php/noticias/item/413-ccdf-aprueba-20-empresas-para-la-zona-fronteriza-bajo-la-ley-12-21. 9) MEPyD, 2021. Pluriannual National Plan for the Public Sector 2021-2024: https://mepyd.gob.do/publicaciones/plan-nacional-plurianual-del-sector-publico-2021-2024/ 10) MICM, 2021. Institutional Strategic Planning: https://micm.gob.do/transparencia/plan-estrategico-de-la-institucion-pei/planificacion-estrategica 11) UNDP, 2020. Roadmap as an accelerator of the 2030 Agenda for sustainable production and consumption: https://www.undp.org/es/dominican-republic/publications/hoja-de-ruta-como-acelerador-de-la-agenda-2030-produccion-y-consumo-sostenible. 12) Law 1-12 on the National Development Strategy 2030: https://mepyd.gob.do/wp-content/uploads/drive/UAAES/END/Informes%20Anuales%20END/end_2030.pdf 13) Law 8-90 on the Promotion of Free Trade Zones: https://dgii.gov.do/legislacion/leyesTributarias/Documents/Leyes%20de%20Incentivos%20y%20Fomentos/8-90.pdf 14) National Council of Free Export Zones, frequently asked questions: https://cnzfe.gob.do/index.php/es/preguntas-frecuentes 15) Law No. 392-07 on Industrial Competitiveness and Innovation: https://dgii.gov.do/legislacion/leyesTributarias/Documents/Leyes%20de%20Incentivos%20y%20Fomentos/392-07.pdf 16) Law No.37-17 Which reorganizes the Ministry of Industry, Commerce and Mipymes, of February 3, 2017 Decree No.100-18 Which dictates the Regulations for the Application of Law No.37-17: https://micm.gob.do/transparencia/images/pdf/transparencia/base-legal-de-la-institucion/leyes/Ley_No.37-17__Decreto_No.100-18_Que_reorganiza_el_Ministerio_de_Industria_Comercio_y_Mipymes.pdf 17) MICM. Law on Entrepreneurship in the Dominican Republic: https://micm.gob.do/transparencia/images/pdf/transparencia/base-legal-de-la-institucion/resoluciones/Leyes/2016/Ley_no._688_16.pdf 18) Law No. 12-21 which creates the Special Zone for Integral Border Development and a regime of incentives, covering the provinces of Pedernales, Independencia, Elías Piña, Dajabón, Montecristi, Santiago Rodríguez and Bahoruco. G. O. No. 11010 of February 23, 2021: https://dgii.gov.do/legislacion/leyesTributarias/Documents/Leyes%20de%20Incentivos%20y%20Fomentos/12-21.pdf 19) Coordination Council of the Special Zone for Border Development (CCDF). 42 new companies delivered: https://ccdf.gob.do/index.php/noticias/item/414-erodis-diaz-en-20-anos-habia-solo-82-empresas-en-zf-y-en-un-ano-y-ocho-meses-estamos-entregando-42-empresas-nuevas 20) UNDP, 2020. Catalogs of Promising Practices 2020: https://www.undp.org/es/dominican-republic/publicaciones/catalogo-de-practicas-prometedoras. 21) UNDP, 2021. Catalogs of Promising Practices 2021: https://www.undp.org/es/dominican-republic/publicaciones/catalogo-de-practicas-prometedoras 22) UNDP, 2022. Catalogs of Promising Practices 2022: https://www.undp.org/es/dominican-republic/publicaciones/catalogo-de-practicas-prometedoras