Infrastructure investment is making the Caribbean nation a year-round port of call.

This article appears in the July/August issue of Global Finance Magazine.

The government of the Dominican Republic is working to modernize its infrastructure, as a way to capitalize on the island’s robust growth in tourism and cement its position as a year-round destination.  

Those aspirations became clearer at the republic’s fourth signature Trade Show in Miami in April, which focused on niche growth segments, including business events, luxury travel, cruises, and sports and adventure tourism. Additional priorities include advancing air connectivity and expanding hotels. 

The Economist Intelligence Unit (EIU) estimates that tourism receipts climbed to $11.3 billion over the past year, representing a 2.7% year-over-year increase. 

Related: The Dominican Republic Is on the Rebound