Stevens Institute of Technology President Raveche Appointed as Science, Technology and Innovation Adviser to Government of Dominican Republic

Sep 16, 2004, 01:00 ET from Stevens Institute of Technology

    HOBOKEN, N.J., Sept. 16 /PRNewswire/ -- On Tuesday, Sept. 14, in Santo
 Domingo, His Excellency President Leonel Fernandez of the Dominican Republic
 (DR) issued a decree appointing Stevens Institute of Technology President Dr.
 Harold J. Raveche as the Presidential Adviser for Science, Technology and
 Innovation.  The appointment was effective upon announcement.
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     Dr. Raveche's appointment is part of a much larger role that Stevens has
 been called to play by the new Fernandez government in the DR, including the
 joint establishment with Coralina Technologies Group and the Pontifica
 Catolica Universidad Madre y Maestra (PCUMM) of a new Institute featuring
 educational and research programs designed to help the DR meet its objectives
 for industrial job creation.  The new entity will be located adjacent to the
 Cyber Park and the Institute of Technology for the Americas in Santo Domingo.
 The venture will benefit from Stevens' extensive expertise in developing
 curricula and research that nurture innovation in the development and
 application of technologies for business formation and growth.
     The Institute is schedule to open mid-2005.
     "President Fernandez has made the entrance of the Dominican Republic into
 the global high tech community one of his top priorities," said Raveche.  "He
 seeks to realize his vision through a highly skilled and dedicated work force,
 private investment, and partnerships with business, industry and universities.
 The president has highlighted software, agriproducts, telecommunications,
 manufacturing and energy as areas of focus for attracting investment creating
 new businesses, growing existing businesses and establishing long term job
 growth for the citizens of the Dominican Republic.  Stevens' expertise in
 areas such as biotechnology, telecommunications and computer science and
 engineering will be of tremendous benefit in this effort."
     To help realize this vision and achieve these objectives for the benefit
 of all Dominicans, Fernandez has issued a decree establishing the Business and
 Industry Board to attract investment, build partnerships and nurture the
 growth of companies.  A Better Business Bureau will also be formed to ensure
 the highest level of business ethics and transparency so that private
 investors and multinational companies will be encouraged to become more
 involved in furthering the entry of the Dominican Republic into the global
 high tech economy.  President Fernandez has asked Dr. Raveche to volunteer in
 establishing the Business and Industry Board and the Better Business Bureau.
     Hon. Albio Sires, Speaker of the New Jersey State Assembly, has arranged
 for a grant to Stevens to help identify areas of mutual interest for business
 in New Jersey and the Dominican Republic.
     Fernandez' mandate to Raveche is that the Business and Industry Board be a
 proactive, volunteer entity to identify, promote and establish business
 opportunities in the Dominican Republic with the deep commitment of leading
 Dominican Americans, many of whom are highly concentrated in the New York/New
 Jersey region.
     President Fernandez expressed his expectations to Dr. Raveche that the
 Better Business Bureau send a clear message to the international community
 that the Dominican Republic will practice the highest standards of business
     Established in 1870, Stevens offers baccalaureate, masters and doctoral
 degrees in engineering, science, computer science, management and technology
 management, as well as a baccalaureate in the humanities and liberal arts, and
 in business and technology.  The university has enrollments of approximately
 1,850 undergraduates and 2,700 graduate students, and a current enrollment of
 2,250 online-learning students worldwide.  Additional information may be
 obtained from its web page at
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SOURCE Stevens Institute of Technology