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View Full Version : Fernandez on his Spanish trip



NewsWhore
05-26-2009, 02:30 PM
President Leonel Fernandez has told reporters that his recent nine-day trip to Spain has extended Spanish cooperation and increased investment prospects. Fernandez arrived on a commercial flight from Spain yesterday.
As reported in El Nuevo Diario, the President spoke of the renewed contacts with Spanish universities and the signing of agreements and conventions to improve qualifications for Dominican students and professionals. Fernandez also spoke about hi-tech, the state-owned television station, and the impact of the thousands of students currently studying overseas, with 500 in Spain.
The President said that his stay in Spain was of particular significance at this time of crisis because new credit opportunities have opened for areas like housing construction, potable water, sanitation, rural road repairs and farming sector support.
He said that he and his team were able to obtain access to EUR250 million for several projects in cooperation with the Spanish government, including Merca Santo Domingo, a huge series of farm production focus points located just outside the city and which includes cold storage units to preserve the foods.
Fernandez also said that social programs would receive a boost from Spanish funding. For example, he said that with aid from financial institutions in Spain, the President said he hoped to finish the Ciudad de la Salud health complex in eastern Santo Domingo.
Even the penitentiary system would receive help with an offer to build six new prisons around the country.
The President gave the example of an offer to produce 500 megawatts of renewable energy, requiring only a reduction of interest rates to make it viable.
Finally, the President told reporters that he had received offers from Spanish businesses interested in financing two new Metro lines and the Haina-Santiago freight and passenger line.

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