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View Full Version : US$20 million loan for aqueduct



NewsWhore
07-31-2008, 05:10 PM
Yesterday, the Executive Branch sent to the Senate a bill to approve a US$20 million loan from the Deutsche Bank Sociedad Anonima Espanola, a Spanish commercial bank. The funds would be used to finish the Oriental (Barrera de Salinidad) Aqueduct project that feeds off Ozama River waters and supplies water to the eastern side of Santo Domingo. As reported in Hoy, the Fernandez administration signed the agreement for construction with Consorcio Acueducto Oriental (Impregilio S.P.A., and Sinercon, S.A.) on 16 August 2007. The start of construction of the aqueduct dates back to 1999. As reported on the site of Impregilo, the construction should have been completed in 2004.
http://www.impregilo.com.br/setores/obras/detalhes/hid_salinidad.shtml

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