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NewsWhore
11-28-2008, 03:50 PM
President Leonel Fernandez was present at the symbolic start of construction of Playa Nueva Romana project, a hotel and real estate development midway between San Pedro de Macoris and La Romana, in the Cumayasa River area. The project is the latest investment by Grupo Bahia Principe from Spain that operates hotels in Samana, Maria Trinidad Sanchez, Punta Cana and La Romana areas. El Nuevo Diario reports that Fernandez highlighted the fact that the project involves an investment of at least US$1 billion, and that it reflects the trust that foreigners have in the investment climate in the DR. "With this project, not only San Pedro de Macoris and La Romana gain, but also the city of Santo Domingo". "I imagine all the tourists who will drive in to see the Colonial City", said Tourism Minister Francisco Javier Garcia, at the groundbreaking ceremony. At the event, Pablo Pinero, president of the investor group, praised Dominican hospitality and the beauty of the local beaches. The development is on a six million square meter property. There are plans to build four luxury hotels with 2,800 rooms, as well as 1,200 luxury chalets. The project features two kilometers of beach, a marina, an18-hole golf course, tennis courts, and polo and baseball fields, among other installations.

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