Canadian company Hillsdale Asset will increase investment in DR and create a thousand more jobs

Ottawa, Canada – A Canadian company, which has invested in the Dominican Republic since 2008, has expressed its decision to expand in the country in the current situation based on the confidence that the business climate inspires in the Caribbean nation.

Hillsdale Asset SA is a company dedicated to the manufacture and production of high quality textile products, currently established as a free zone in Moca, Espaillat County, providing 400 direct jobs.

Mr. Robert Saad, CEO of the company, was greeted by the Dominican Ambassador to Canada, Michel Cohen, who expressed his desire to establish a new industrial warehouse in the province of Santiago, which will create 600 additional jobs.

During the conversation with the diplomat, the investor said he was motivated by the vast amount of resources that the Dominican Republic has, the confidence and favorable investment climate generated by the current government administration, headed by President Luis Abenader.

Representatives of de Hillsdale Asset SA, which is dedicated to the manufacture and production of high-quality textile products, are based in Moca with 400 direct jobs and plans to open operations in Santiago, where it will create another 600 jobs.

On behalf of the Dominican government, Cohen thanked Mr. Saad for his confidence in the Dominican Republic as an investment destination.

In addition to Hillsdale Asset SA’s reputation for manufacturing and producing high-quality textile products, its green energy operations are characterized by a favorable organizational climate for its employees.

Saad explained that his company focused on adopting the element of sustainability, social responsibility, innovation, use of the latest technologies, as well as quality control, and compliance with high industrial standards, as strategic pillars within its business model. To be at the forefront in line with the requirements and requirements of the current context.

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