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. (Logo: http://www.newscom.com/cgi-bin/prnh/20020717/NYW107LOGO ) 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 ethics. 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 http://www.Stevens.edu. For the latest news about Stevens, please visit http://www.StevensNewsService.com.
SOURCE Stevens Institute of Technology