Banreservas boosts tourism development with millionaire investments in Punta Bergantín
The Banco de Reservas of the Dominican Republic reaffirmed its leadership in financing the national tourism sector, consolidating a credit portfolio that exceeds RD$60 billion. This commitment was highlighted during the inauguration of the Punta Bergantín Welcome Center in Puerto Plata, a strategic space designed to connect investors and developers with the opportunities offered by this new tourism hub.
The executive president of the entity, Dr. Leonardo Aguilera, emphasized that the Punta Bergantín project has surpassed the planning stage, entering a decisive phase of execution. According to the executive, the financial institution maintains under evaluation and structuring a portfolio of more than 40 projects nationwide, which project investments exceeding US$6.161 billion.
Punta Bergantín is starting to feel like a destination. We are moving from planning to execution; from talking about a vision, to starting to show results.
Doctor Leonardo Aguilera, Executive President of Banreservas
Projections and scope of financing
The expansion driven by Banreservas is not limited to hotels, but encompasses a diverse ecosystem focused on the country’s comprehensive growth:
- Hotel expansion: The creation of approximately 16,000 new rooms is contemplated.
- Diversification: Projects include health tourism infrastructure, theme parks, and cruise terminals.
- Social impact: Since the creation of its Tourism Business Vice Presidency, the bank has supported the construction of more than 7,000 rooms, generating more than 16,000 direct and indirect jobs.
Betting on cruise tourism
Banreservas has been a fundamental pillar in the consolidation of the country’s port infrastructure. Dr. Aguilera highlighted the entity’s active participation in key milestones such as:
- Taíno Bay (Puerto Plata) and Port Cabo Rojo (Pedernales): Both are projected to receive 1.5 million passengers by the year 2026.
- Port Samaná: With an opening scheduled for November, it is estimated to reach 300,000 cruise passengers by 2027.
The bank maintains an active presence in various provinces, including Miches, Montecristi, La Romana, Punta Cana, and Santo Domingo, under a strategy that seeks to decentralize the tourism offering and boost regional economic development. The executive concluded by reiterating that the entity’s mission transcends financing, focusing on generating trust and opening paths for the sustainable growth of the Dominican tourism industry.
