Overview
Dominican Republic is one of the founding member countries of the IDB. Like all the shareholders, Dominican Republic appoints a Governor, who represents the country on the Board of Governors.
For day-to-day business at the Bank's Headquarters in Washington, D.C., Dominican Republic is represented by a chair on the Board of Executive Directors. The chair, shared with Mexico, is headed by an Executive Director, who is elected to a three-year term by the Governors of the Dominican Republic and Mexico.
Executive Director: Erick Jose Limas Maldonado
ALTERNATE EXECUTIVE DIRECTOR(S):
- Ernesto Alejandro Selman Mejia
ELECTED BY: Dominican Republic and Mexico
Total Contribution: 19,068,400
Number of votes: 86,452
of the institution's ownership
Address: Calle César Nicolás Penson esquina
Calle Leopoldo Navarro Sector Gascue
Santo Domingo, Distrito Nacional, República Dominicana
Calle César Nicolás Penson esquina
Calle Leopoldo Navarro Sector Gascue
Santo Domingo, Distrito Nacional, República Dominicana
Phone number: (T) (1-809) 784-6400
Fax number: (T) (1-809) 562-2607
E-mail: [email protected]
Videos available in Spanish
The Bank’s Country Strategy 2025–2028 aims to maximize the impact of the IDB Group in the Dominican Republic through a selective approach to its interventions. This document is intended to guide the Bank’s actions to contribute to the country’s development by strategically leveraging the resources, experience, synergies, and strategic partnerships of the three windows to address the country’s challenges more effectively.
This strategy is structured around three key pillars:
- Strengthen human capital and social conditions: to improve living conditions through increased access to safe water and sanitation, strengthen health and social protection systems and promote skills development.
- Advance growth led by the private sector: to expand and upgrade transportation infrastructure, enhancing electricity market efficiency, promoting sustainable mining development, building technical capacity for the agriculture sector, and facilitating greater access to finance and value-chain integration for the business sector.
- Increase public sector efficiency and resilience: The purpose of this pillar is to strengthen the sustainability of public finances, improve the quality of public expenditure within a framework of transparency and accountability, and promote planning and regulatory improvements to enhance public management effectiveness.
The IDB Group is prepared to continue being a key strategic partner for the country by increasing support in key sectors, empowering the private sector, and mobilizing its experience and technical capacity.
| Project Number | Sector | Subsector | Project Title | Financing | Project Status | Approval Date |
|---|---|---|---|---|---|---|
| DR-L1178 | ENERGY | NEW POWER DISTRIBUTION & TRANSMISSION PROJECTS | Modernization and expansion of electricity sector infrastructure - Phase I | 156,000,000.00 | Preparation | |
| DR-L1179 | ENERGY | NEW OIL AND GAS AND EXTRACTIVE INDUSTRIES | Pre-investment program for the development of rare earths – PROTERRAS | 16,160,000.00 | Preparation | |
| DR-T1349 | ENERGY | ENERGY INSTITUTIONAL STRENGTHENING AND CAPACITY BUILDING | Implementation of the Investment Plan of the Accelerating Coal Transition (ACT) program of the Climate Investment Funds (CIF) for the Dominican Republic II | 4,512,500.00 | Preparation | |
| DR-L1177 | FINANCIAL MARKETS | BANKING MARKET DEVELOPMENT | FinaRD2036 Program: Accelerating Investments in the Dominican Republic | 100,000,000.00 | Preparation | |
| DR-T1307 | AGRICULTURE AND RURAL DEVELOPMENT | SUSTAINABLE AGRICULTURAL DEVELOPMENT | Support for the design of the Agroforestry Program II | 500,000.00 | Preparation | |
| DR-T1350 | ENERGY | NEW POWER DISTRIBUTION & TRANSMISSION PROJECTS | Support for the preparation of the Electric Sector Infrastructure and Sustainability Program | 350,000.00 | Preparation | |
| DR-T1352 | REFORM / MODERNIZATION OF THE STATE | E-GOVERNMENT | Boosting the governance of digital transformation in the public administration of the Dominican Republic | 250,000.00 | Preparation | |
| DR-T1337 | ENVIRONMENT AND NATURAL DISASTERS | COASTAL ZONE MANAGEMENT | Support for the Strengthening and Implementation of the Climate-Resilient Integrated Coastal Zone Management (ICZM) Policy Framework in the Dominican Republic | 800,000.00 | Preparation |
- Sector: ENERGY
- Project Status: Preparation
- Approval Date:
- Financing: 156,000,000.00
- Sector: ENERGY
- Project Status: Preparation
- Approval Date:
- Financing: 16,160,000.00
- Sector: ENERGY
- Project Status: Preparation
- Approval Date:
- Financing: 4,512,500.00
- Sector: FINANCIAL MARKETS
- Project Status: Preparation
- Approval Date:
- Financing: 100,000,000.00
- Sector: AGRICULTURE AND RURAL DEVELOPMENT
- Project Status: Preparation
- Approval Date:
- Financing: 500,000.00
- Sector: ENERGY
- Project Status: Preparation
- Approval Date:
- Financing: 350,000.00
- Sector: REFORM / MODERNIZATION OF THE STATE
- Project Status: Preparation
- Approval Date:
- Financing: 250,000.00
- Sector: ENVIRONMENT AND NATURAL DISASTERS
- Project Status: Preparation
- Approval Date:
- Financing: 800,000.00
Overview
Dominican Republic is one of the founding member countries of the IDB. Like all the shareholders, Dominican Republic appoints a Governor, who represents the country on the Board of Governors.
For day-to-day business at the Bank's Headquarters in Washington, D.C., Dominican Republic is represented by a chair on the Board of Executive Directors. The chair, shared with Mexico, is headed by an Executive Director, who is elected to a three-year term by the Governors of the Dominican Republic and Mexico.
Executive Director: Erick Jose Limas Maldonado
ALTERNATE EXECUTIVE DIRECTOR(S):
- Ernesto Alejandro Selman Mejia
ELECTED BY: Dominican Republic and Mexico
Total Contribution: 19,068,400
Number of votes: 86,452
of the institution's ownership
Address: Calle César Nicolás Penson esquina
Calle Leopoldo Navarro Sector Gascue
Santo Domingo, Distrito Nacional, República Dominicana
Calle César Nicolás Penson esquina
Calle Leopoldo Navarro Sector Gascue
Santo Domingo, Distrito Nacional, República Dominicana
Phone number: (T) (1-809) 784-6400
Fax number: (T) (1-809) 562-2607
E-mail: [email protected]
Videos available in Spanish
The Bank’s Country Strategy 2025–2028 aims to maximize the impact of the IDB Group in the Dominican Republic through a selective approach to its interventions. This document is intended to guide the Bank’s actions to contribute to the country’s development by strategically leveraging the resources, experience, synergies, and strategic partnerships of the three windows to address the country’s challenges more effectively.
This strategy is structured around three key pillars:
- Strengthen human capital and social conditions: to improve living conditions through increased access to safe water and sanitation, strengthen health and social protection systems and promote skills development.
- Advance growth led by the private sector: to expand and upgrade transportation infrastructure, enhancing electricity market efficiency, promoting sustainable mining development, building technical capacity for the agriculture sector, and facilitating greater access to finance and value-chain integration for the business sector.
- Increase public sector efficiency and resilience: The purpose of this pillar is to strengthen the sustainability of public finances, improve the quality of public expenditure within a framework of transparency and accountability, and promote planning and regulatory improvements to enhance public management effectiveness.
The IDB Group is prepared to continue being a key strategic partner for the country by increasing support in key sectors, empowering the private sector, and mobilizing its experience and technical capacity.
| Project Number | Sector | Subsector | Project Title | Financing | Project Status | Approval Date |
|---|---|---|---|---|---|---|
| DR-L1178 | ENERGY | NEW POWER DISTRIBUTION & TRANSMISSION PROJECTS | Modernization and expansion of electricity sector infrastructure - Phase I | 156,000,000.00 | Preparation | |
| DR-L1179 | ENERGY | NEW OIL AND GAS AND EXTRACTIVE INDUSTRIES | Pre-investment program for the development of rare earths – PROTERRAS | 16,160,000.00 | Preparation | |
| DR-T1349 | ENERGY | ENERGY INSTITUTIONAL STRENGTHENING AND CAPACITY BUILDING | Implementation of the Investment Plan of the Accelerating Coal Transition (ACT) program of the Climate Investment Funds (CIF) for the Dominican Republic II | 4,512,500.00 | Preparation | |
| DR-L1177 | FINANCIAL MARKETS | BANKING MARKET DEVELOPMENT | FinaRD2036 Program: Accelerating Investments in the Dominican Republic | 100,000,000.00 | Preparation | |
| DR-T1307 | AGRICULTURE AND RURAL DEVELOPMENT | SUSTAINABLE AGRICULTURAL DEVELOPMENT | Support for the design of the Agroforestry Program II | 500,000.00 | Preparation | |
| DR-T1350 | ENERGY | NEW POWER DISTRIBUTION & TRANSMISSION PROJECTS | Support for the preparation of the Electric Sector Infrastructure and Sustainability Program | 350,000.00 | Preparation | |
| DR-T1352 | REFORM / MODERNIZATION OF THE STATE | E-GOVERNMENT | Boosting the governance of digital transformation in the public administration of the Dominican Republic | 250,000.00 | Preparation | |
| DR-T1337 | ENVIRONMENT AND NATURAL DISASTERS | COASTAL ZONE MANAGEMENT | Support for the Strengthening and Implementation of the Climate-Resilient Integrated Coastal Zone Management (ICZM) Policy Framework in the Dominican Republic | 800,000.00 | Preparation |
- Sector: ENERGY
- Project Status: Preparation
- Approval Date:
- Financing: 156,000,000.00
- Sector: ENERGY
- Project Status: Preparation
- Approval Date:
- Financing: 16,160,000.00
- Sector: ENERGY
- Project Status: Preparation
- Approval Date:
- Financing: 4,512,500.00
- Sector: FINANCIAL MARKETS
- Project Status: Preparation
- Approval Date:
- Financing: 100,000,000.00
- Sector: AGRICULTURE AND RURAL DEVELOPMENT
- Project Status: Preparation
- Approval Date:
- Financing: 500,000.00
- Sector: ENERGY
- Project Status: Preparation
- Approval Date:
- Financing: 350,000.00
- Sector: REFORM / MODERNIZATION OF THE STATE
- Project Status: Preparation
- Approval Date:
- Financing: 250,000.00
- Sector: ENVIRONMENT AND NATURAL DISASTERS
- Project Status: Preparation
- Approval Date:
- Financing: 800,000.00
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