TravelTill

Economy of Santiago de los Caballeros



The city of Santiago, as most of the Cibao region, is largely dependent on the fertile lands of the region.This makes Santiago de los Caballeros an important region for farming and livestock. The city has been recently changing into a predominantly service provider economy. This sector has grown a lot in the recent years making it ideal for greater expansion. It should be noted that Santiago is the 2nd largest city in the Dominican Republic after Santo Domingo and concurrently produces the 2nd highest percentage of the nations GDP. Telecommunications, such as; wireless phones, cable service, internet service and other services are important for the local economy. Tourism too, accounts for an important portion of the city's economy