The Investment Fund for the Development of Dominican Infrastructures I, managed by CIFI and administrated by AFI Universal, has significantly impacted the Dominican Republic. With 14 billion Dominican pesos (US$250 million), this fund has created tourist and commercial spaces that receive millions of visitors annually, generating close to 2,700 jobs. In addition, it has provided clean energy to more than 500,000 Dominicans and has reduced greenhouse gas emissions by more than 300,000 tons of CO2eq.
At CIFI, we are committed to building a more sustainable future, implementing ESG (Environmental, Social, and Governance) criteria in our operations and projects. We believe it is fundamental to be responsible for the environment, people, and economic aspects of the places where we operate. Our leadership in Latin America and the Caribbean is based on the awareness that our actions impact natural resources and people’s quality of life.
In the words of our Head of Environmental, Social, and Governance, Carla Chizmar: ‘The Investment Fund for Dominican Infrastructure Development I is a clear example of our commitment to sustainability. Its launch in 2018 has brought tangible benefits, complying with best practices and international standards.
We invite everyone to read our Reporte de Sostenibilidad del Fondo de Inversión Cerrada Libre para el Desarrollo de Infraestructuras Dominicanas I, where you will find more details about the positive impact achieved in the Dominican Republic.
