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View Full Version : US$48 million deal with Brazil



NewsWhore
06-25-2009, 04:30 PM
The contract signed by Hacienda Minister Vicente Bengoa yesterday with the Brazilian government export finance agency, the National Bank of Economic and Social Development (BNDES) in Rio de Janeiro is worth US$48 million. Also attending the signing ceremony were BNDES president Luciano Coutinho, Marco Cru, Carlos Napoleao and Marcos Machado from the Odebrecht Construction Company and Manuel Estrella for the Dominican company Estrella Engineering, which will carry out the Duarte Corridor Project aimed at easing north-south traffic flow in Santo Domingo. Funds will be used to tackle traffic problems at the intersections of the Duarte Highway at the entrance to Manoguayabo in Santo Domingo, the Av Monumental Avenue, the intersections of John F. Kennedy and Nunez de Caceres and Dr. Defillo, the intersection of Ortega y Gasset with 27 de Febrero and the intersection of Charles De Gaulle Avenue and the San Isidro Highway.

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