Grupo Abicor includes a real estate and construction company focused mainly on the tourism industry, a cement factory, and a private university.
His parents were born in Santiago in the northern region of the country: his mother, Rosa Ramona Sulina "Sula" Corona Caba,[4] is from a family of colonial Spanish origin; most of her ancestors hail from San José de las Matas.
[6] His paternal grandfather was José S. Abinader, a Lebanese immigrant from Baskinta, Mount Lebanon, who arrived to the country in 1898 and settled in the town of Tamboril (located near the city of Santiago de los Caballeros).
He did postgraduate studies in Project Management at Hult International Business School (at the time named Arthur D. Little Institute) in Cambridge, Massachusetts.
This family group spearheaded the business plan that led to the establishment of Cementos Santo Domingo, where he served as Vice President.
He also received acknowledgments from the City Hall of Boston and the Massachusetts Senate for his contributions to higher education, civic engagement, and community service.
OMC Group is also the service provider that created the company Offshore Dorado Asset Management Ltd. on 2 July 2004 in the tax haven of the British Virgin Islands on behalf of Peruvian President Pedro Pablo Kuczynski.
[23][24] The project includes 70 watchtowers and 41 access gates for patrolling containing fiber optics for communications, movement sensors, cameras, radars and drones.
[31] Additionally, the policy of eliminating customs duties for certain imported products has been criticized, arguing that it has harmed domestic producers and led to the bankruptcy of many local businesses.
These measures failed to control the prices of food and other basic products, and the national economy continued to slow down, with double-digit inflation and economic growth limited to 2% in 2023.
[19] Under Luis Abinader's leadership, the Dominican Republic is set to form stronger economic and diplomatic ties with the United States.
[36] He is close to the Lima Group, which brings together nations in the Americas to oppose the Maduro regime and advocate for a return to democracy in Venezuela.
[41][42][43][44][45] The management of Luis Abinader has continued the old practices of clientelism to gain popularity, spending billions of Dominican pesos on RD$1500 bonds, which are approximately 30 dollars.
[47][48][49] In a press conference, one of the main opposition parties, Fuerza del Pueblo, denounced through its legal team that the president had been given about 30 thousand cards of the 2023 Christmas bonus.