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SYM Naval will invest in the build a shipyard in the Dominican Republic

SYM Naval has just got the official support of the President of the Dominican Republic, Danilo Medina, to formalize the agreement to build a new shipyard for ship construction, conversion and repair at the Azua port, in the south of the country. This project will create 600 direct and indirect jobs.

SYM Naval’s president, Francisco Lage, held last 10th of June a high level meeting with the President of the Dominican Republic, Danilo Medina, to present this project. The meeting, held in the National Palace in Santo Domingo, was also attended by the director of the National Council of Free Trade Zones, Luisa Fernández; the director of the Dominican Port Authority, Víctor Gómez Casanova; and the Senator for the province of Azua, Rafael Calderón.

In Rafael Calderón’s words, President Danilo Medina “clearly showed a full interest in this kind of investment in order to invigorate the province’s economy”.

Engineer Francisco Lage thanked the President’s willingness to meet and his initial consent to this project that “will represent a technology transfer in the maritime and naval segments. With this we contribute to the dream of making the Dominican Republic a maritime hub”.

Víctor Gómez Casanova underlined that SYM Naval is one of the main shipyard businesses in Europe and predicted that this project “is going to make the Dominican Republic a naval center of ship building and repair”.

With these top level facilities, located on a privileged spot in the Caribbean, SYM Naval wants to attract not only the ship that are already operating at the Dominican Republic, but specially those that are now working in other countries of this area. SYM Naval aims to be the partner in the Caribbean of the main European and American ship operators, offering them services of maintenance, repair and conversion.



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