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
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 http://www.Stevens.edu.
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SOURCE Stevens Institute of Technology