The President of the Dominican Republic, HE Danilo Medina, has inaugurated the start of construction of the first logistics centre in the Dominican Republic, "Caucedo Logistics Center" , a joint venture between DP World and the Caucedo Development Corporation, said in the DP World's press release.
With a prime location between Port Caucedo and Las Americas International Airport , Caucedo Logistic s Center (CLC) will provide regional distribution facilities for foreign and Dominican business es connecting them to a comprehensive , efficient, logistics multimo dal network provided by the Port of Caucedo.
Phase 1 will see the development of warehousing over 40 hectares in the next three to five years, with a further 80 hectares developed in Phase 2. Timing will be in line with market demand. Th e groundbreaking marked the start of construction work, with the first warehouse due for completion in the firs t quarter next year.