NewsWhore
08-13-2009, 06:20 PM
The Executive Branch submitted yesterday to the Senate a US$45 million loan from the Deutsche Bank Sociedad Anonima Espanola for the completion of the Merca Santo Domingo wholesaler facility at Km. 22 of Duarte Highway. The contract establishes the five-year loan bears interest of 5.75% above Libor.
The project was begun during the Hipolito Mejia presidency (2000-2004) to reduce the levels of intermediation between farmers and retailers. The loan agreement stipulates that the Presidency's Office of Supervisory Engineers of the State (OISOE) would complete the project.
Recently, the Agribusiness Council (JAD), the nation's leading private organization grouping farm and agribusiness companies, petitioned the government for the operation of the facility.
More... (http://www.dr1.com/index.html#3)
The project was begun during the Hipolito Mejia presidency (2000-2004) to reduce the levels of intermediation between farmers and retailers. The loan agreement stipulates that the Presidency's Office of Supervisory Engineers of the State (OISOE) would complete the project.
Recently, the Agribusiness Council (JAD), the nation's leading private organization grouping farm and agribusiness companies, petitioned the government for the operation of the facility.
More... (http://www.dr1.com/index.html#3)