NewsWhore
04-06-2009, 05:00 PM
President Leonel Fernandez has sent to Congress the requested addendum to the contract for the 99-year lease of land in Barahona province to an Italian company for the construction of a thermal spa in the sulphur water springs in Canoa. The contract with Terme de la Salamanda was signed on 6 August 2007, but legislators requested the inclusion of a construction timeline. The parties agree that the investor needs to submit all paperwork required with the ministries of Tourism, Environment and the municipal government within 12 months. The company commits to construct the wellness project and start operations within 10 years. The company has said it will be investing US$1.5 billion into the project. The project had the strong backing of the Barahona Tourism Cluster.
The bill now needs to be studied by Congress that is about to concentrate on the constitutional reform.
More... (http://www.dr1.com/index.html#4)
The bill now needs to be studied by Congress that is about to concentrate on the constitutional reform.
More... (http://www.dr1.com/index.html#4)