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View Full Version : Where will the $$$ come from?



NewsWhore
08-22-2008, 04:41 PM
President Leonel Fernandez has appointed a commission to explore options for funding the mega-public works projects he announced in his 16 August inauguration speech. The Ministries of Hacienda and Public Works, the National Housing Institute (INVI) and the Public Works Supervising Office will discuss the budgets needed and domestic and international financing options. In his 17 July speech, the President announced that the government would only allocate funds to projects that were 75% completed.
The projects announced on 16 August:

Eastern region:
Completion of East Coast Tourist Boulevard Highway.
National Asphalt Paving Plan.
Bridge over Rio Soco.
Sabana de la Mar-Miches Highway.
Bayaguana-El Puerto-Hato Mayor Highway
Seafront Avenue (Malecon) in San Pedro de Macoris
Rehabilitation of the port of San Pedro de Macoris
Completion of the Autovia del Este (Eastern Highway)
Coral Highway from La Romana to Bavaro

Northern region:
Constanza-Duarte-Casabito Highway
Jarabacoa-El Rio-Constanza Highway
Improvement of Santiago's north-south traffic bottleneck with the extension of Calle Sabana Larga to former Cibao Airport, bridge over Calle Hatuey and Calle Enriquillo, and underpasses at Circunvalacion Sur.
Side road in Cabarete, Puerto Plata
Malecon in Nagua
Rehabilitation of the Port of Manzanillo
Completion of the Circunvalacion Norte de Santiago.
Expansion to four lanes from Navarrete to Puerto Plata
Expansion to four lanes from Controba to San Francisco de Macoris.

Southern region:
Completion of the San Cristobal-Bani highway.
Construction of the Circunvalacion de Bani, Azua and San Juan de la Maguana
Completion of the San Juan-Batey II-Barahona highway

Santo Domingo:
Crossover at Av. Luperon
Tunnel at 27 de Febrero between Caonabo and 6 Noviembre Highway Overpass, tunnel and traffic circle at Av. 27 de Febrero and Nunez de Caceres, 27 de Febrero with Dr. Defillo and 27 de Febrero with Ortega y Gasset.
Completion of the extension of Av. Del Puerto to Puente Presidente Peynado. Construction of the Duarte Corridor (construction overpass at Av. Monumental, overpass at Manoguayabo, overpass at Nunez de Caceres-TeleAntillas, overpass at Padre Castellanos (formerly 17), construction of two bridges parallel to the Puente de la 17 and the overpass of Av. San Vicente de Paul to Las Americas.
Tunnels connecting Sans Souci and its Av. Espana with the Malecon, underneath Ozama River.

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