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NewsWhore
09-02-2009, 05:10 PM
The majority PLD party voted yes to three loans requested by the Presidency. These are the financing contract with the Brazilian export bank, BNDES for US$48,743,918 million for the construction of the Duarte Corridor, the overpasses to expedite north-south traffic in Santo Domingo. The project has a 21-month duration. Grupo Estrella from the DR and Odebrecht from Brazil are the contractors.
The Senate also approved a loan for US$20 million with the Deutsche Bank S A Espanola for use in the rehabilitation of the Duarte-Casabito-Constanza highway. And a EUR9 million 200 Euros with the French Development Agency for the expansion of the Plan Sierra, a reforestry project.

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