PIISA Industrial Park

What PIISA Industrial Park does

PIISA Industrial Park is a privately held free trade zone industrial park in the Dominican Republic, founded in 1985 by Victor Thomen, Samuel Conde, Manuel Tavares, and Codetel. Legal entity: Latin American Free Zone Investments Dominicana Inc. The park spans 170 acres with 54 buildings and hosts approximately 22,211 employees across its tenant companies. It accounts for 26.22% of Dominican Republic Free Zone exports, 25% of Free Zone sector employment, and 14.63% of foreign exchange contribution in the country.

The park's tenant base is concentrated in medical devices (65% of operations), electronics (25%), and other manufacturing (10%). Named multinational tenants include Baxter, Becton Dickinson, Edwards Lifesciences, Convatec, Fresenius Kabi, Johnson & Johnson, Abbott, Eli Lilly, Eaton, Jabil, Lear, and Corning. PIISA provides build-to-suit industrial facilities, the Shelter Plan staffing and HR service offering, BASC- and OEA-certified logistics, and workforce-training infrastructure. The City Business Center in Santo Domingo extends the platform into IT outsourcing and BPO services.

The business model centers on long-term industrial real estate leases bundled with integrated services (staffing, payroll, training, compliance, and logistics) sold to multinational manufacturers seeking nearshoring capacity to the U.S. market. Educational partnerships with IPHA, Loyola, INTEC, and INFOTEP formalize the workforce pipeline. Tenant revenue is not separately disclosed, and no funding or valuation data is publicly available for the privately held entity.

Name

PIISA Industrial Park

Legal name

Latin American Free Zone Investments Dominicana Inc.

Website

https://piisa.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

PIISA Industrial Park operates a 170-acre Dominican Republic Free Trade Zone with 54 buildings housing 22,000+ employees across multinational tenants. It serves primarily medical device and electronics manufacturers, contributing 26% of DR Free Zone exports, and offers integrated Shelter Plan staffing and City Business Center ITO/BPO services.

Ownership category

akta.pro rank

Product category

Industrial Real Estate

NAICS

Corporate, Subsidiary, and Regional Managing Offices (551114)

SIC

Non-Operating Establishments (9995)

akta.pro primary industry

Industrial & Logistics Property Management (BPAJAGAC)

akta.pro secondary industries

Pest Management Services (IMAIAAAH), Industrial/Process Plant General Contracting (IMAFAAAH), Commercial Landscaping & Grounds Maintenance (BPABADAA), Grounds & Exterior Services (Landscaping/Snow Removal/Parking Lot Maintenance) (IMAIAAAF)

Keywords

• Industrial real estate leasing
• Free zone manufacturing
• Custom-built facilities
• Nearshore manufacturing hub
• Industrial park services

Headquarters

HQ city

Haina

HQ country

Dominican Republic

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Supply Chain, Marketing or Sales, Others

Revenue model

1. Industrial Real Estate Leasing: PIISA generates primary revenue through leasing industrial manufacturing spaces and buildings to multinational corporations. The company constructs custom-built facilities to client specifications and leases them under long-term agreements. Revenue is recurring from rental income across the 54 buildings on 170 acres.
2. Integrated Services: Additional revenue streams from on-site services including maintenance, security, utilities, human resources support, recruitment, and facility management services provided to tenant companies.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

PIISA Industrial Park operates a 170-acre free zone industrial park in the Dominican Republic providing custom-built industrial manufacturing facilities and integrated on-site infrastructure and services to multinational corporations. The company leases 54 buildings on long-term agreements to enterprises in medical devices, electronics, pharmaceuticals, and other sectors, offering turnkey facility delivery within 6-8 months along with on-site amenities including utilities, customs, HR support, banking, medical services, and telecommunications.

Product overview

PIISA Industrial Park operates as a comprehensive free trade zone industrial park offering a platform of integrated manufacturing and business services. The core product is the industrial park itself (170 acres with 54 buildings) providing custom-built manufacturing facilities, complemented by the City Business Center offering flexible office spaces. The service portfolio spans Human Resources, Operations (utilities/telecommunications/customs), Facilities, Maintenance, and Shelter Plan services. The park specializes in medical device manufacturing (65% of operations), electronics (25%), labeling/printing (3%), logistics (3%), jewelry (2%), and general services (5%).

Differentiator

Problem solved

Functional benefit

Products and services

• PIISA Industrial Park A 170-acre free trade zone industrial park in the Dominican Republic offering manufacturing facilities, custom-built industrial buildings, and comprehensive support services to multinational corporations, primarily serving the medical devices, electronics, and jewelry sectors.
• Custom-Built Industrial Buildings Turnkey industrial manufacturing spaces built to client specifications within 6-8 months, including offices, manufacturing areas, cafeterias, and dedicated machinery spaces across 54 buildings on 170 acres in the Dominican Republic.
• Centro de Negocios (City Business Center) Flexible office spaces located in Santo Domingo's commercial district, offering suites from 600 to 2,600 square feet per floor with general services including elevators, 24-hour security, water, and waste disposal for ITO and BPO operations.

Quantifiable outcome

• 26.22% of total Dominican Republic Free Zone exports
• +6 more outcomes

Named customers30 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Four partnerships are on record, tiered minor.

• IPHAminorStrategic or Co-development PartnerEducational partnership with IPHA (Instituto Politécno de Haina) for workforce development and training programs. Collaboration includes student visits to the park and educational outreach to promote STEM careers.
• LoyolaminorStrategic or Co-development PartnerEducational alliance with Loyola university for talent development and training initiatives. Partnership supports improved formation of human talent for the industrial sector.
• INTECminorStrategic or Co-development PartnerPartnership with INTEC (Instituto Tecnológico de Santo Domingo) for educational collaboration including scholarship programs for outstanding students and joint initiatives to develop skilled workforce.
• INFOTEPminorStrategic or Co-development PartnerCollaboration with INFOTEP (Instituto Nacional de Formación Técnico Profesional) for workforce training and technical education programs. Supports development of skilled labor for tenant companies.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Coyol Free Zone: Free zone in Alajuela, Costa Rica focused on medical device and life sciences manufacturing, hosting multinational tenants with integrated services. Directly comparable to PIISA's 65% medical device concentration and B2B multinational leasing model.
• Panama Pacifico: Master-planned special economic zone in Panama for multinationals, offering customized facilities and integrated services. Comparable as a Caribbean/Latin American free zone targeting multinational manufacturers and service providers.
• Zona Franca de Bogotá: Latin American free trade zone in Colombia hosting multinational manufacturers with integrated customs and operational services. Comparable as a regional free zone operator serving multinational manufacturing tenants.

Broad incumbents

• Duke Realty Corporation: US industrial REIT operating bulk distribution, manufacturing, and life sciences real estate. Comparable as a broad incumbent in industrial property management serving multinational manufacturing tenants.
• Prologis: Global industrial REIT owning and operating logistics and manufacturing real estate worldwide. Broader incumbent in industrial property management, but operates at much larger scale and as a publicly-traded REIT rather than a privately-held free zone.
• First Industrial Realty Trust: US-based industrial REIT focused on manufacturing, warehouse, and distribution facilities. Broad incumbent serving similar multinational tenants but through a publicly-traded REIT model rather than free zone concessions.

Emerging players

• Aeroman: El Salvador-based aerospace MRO and manufacturing hub serving multinational aerospace clients. Emerging Latin American specialized industrial hub comparable in concept (free zone, multinational tenants, integrated services) though in a different vertical.

Others

• CODE Real Estate Development: US-based industrial real estate developer of build-to-suit manufacturing and distribution facilities. Adjacent peer in industrial real estate development with similar custom-built facility delivery model.

Regional players

• Costa Rica Free Zone Operators (Heredia Free Zone): Central American free zones in Costa Rica operating under similar free trade zone frameworks and hosting multinational manufacturers. Comparable as regional LATAM free zone operators competing for similar nearshoring tenants.
• Interlink Industrial Park: Industrial park in Tijuana, Mexico operating under Mexico's IMMEX maquiladora program, hosting multinational manufacturers. Comparable as a regional nearshoring industrial park targeting US export markets from Latin America.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/piisard
• Facebookfacebook.com/profile.php
• Instagraminstagram.com/piisaindustrialpark
• LinkedInlinkedin.com/company/piisaindustrialpark

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PIISA Industrial Park