Ligia Bonetti highlights the importance of diversification as a key to business success

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Ligia Bonetti highlights the importance of diversification as a key to business success

In a call to action addressed to the business sector and public policy designers, Ligia Bonetti, executive president of Grupo SID, proposed diversification as a fundamental strategy for the sustainability and competitiveness of the Dominican economy.

During her presentation entitled “Diversify to grow: Strategy for a resilient and competitive industry,” presented at the AMCHAMDR 2025 Business Meeting, Bonetti emphasized that the Dominican Republic is at a decisive moment to transform its economic model, taking advantage of its strategic location, its entrepreneurial ecosystem and the potential of emerging sectors such as technology, renewable energy and sustainable tourism.

“The path is clear: work together to mobilize our strengths and make this nation a model of intelligent, sustainable and diverse development,” said the businesswoman before an audience made up of leaders from the private sector and representatives from the government.

Bonetti presented the case of Grupo SID, which has evolved from a company dedicated to the production of peanut oil to a conglomerate with more than 1,600 products, presence in 20 countries and strategic alliances with international brands such as Kellogg’s, Hershey’s, Kraft and Kimberly-Clark. Diversification, he explained, has been key to the group’s expansion, allowing it to mitigate risks and strengthen its competitiveness in a constantly evolving market.

However, he warned that business growth must be accompanied by a long-term vision that integrates innovation, sustainability and social responsibility. In this regard, he stressed that companies that balance economic development with social and environmental well-being not only respond to the demands of the modern consumer, but also guarantee their permanence over time.

“The success of an industry cannot be measured solely in numbers. We must bet on business models that generate value not only for shareholders, but also for society and the environment in which we operate,” he stressed.

Supported by the most recent data from the Central Bank, Bonetti highlighted that the Dominican Republic leads economic growth in Latin America and has optimal conditions to become a hub for innovation and digital services.

In this context, she emphasized the need to expand exports and consolidate the presence in the Caribbean, a region with opportunities not yet exploited in key sectors such as high-value agribusiness and digital transformation.

In the final part of her speech, Bonetti called for collaboration between the public and private sectors to mobilize resources, generate employment and strengthen the investment ecosystem in the country. She stressed the importance of companies taking an active role in the education and training of the new workforce, betting on sustainable models that incorporate innovation and energy efficiency.
“This future is not built alone. It requires vision, commitment and, above all, collaboration,” she concluded.

The AMCHAMDR Business Meeting brought together prominent representatives of the productive sector, who agreed that business leadership and adaptation to new global dynamics will be decisive for the country’s development. With her intervention, Ligia Bonetti reaffirmed her vision of the future of the Dominican industry: a model based on innovation, diversification and sustainability.

About AMCHAMDR

The American Chamber of Commerce of the Dominican Republic (AMCHAMDR) is a non-profit association, established on November 8, 1923, dedicated to promoting a favorable investment climate that encourages the socioeconomic and professional development of its members.

Affiliated with the U.S. Chamber of Commerce and founding member of the Association of American Chambers of Commerce in Latin America (AACCLA), the Chamber works to connect and represent its members, offering concrete solutions and growth opportunities in the dynamic world of business.

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