NewsWhore
11-27-2009, 05:20 PM
The government proposes to spend more than RD$50 billion on infrastructure projects all across the country next year. The Ministry of Public Works alone will spend around RD$23.729 billion on infrastructure works, of which RD$8 billion will come from internal sources and US$420 million will come from external sources.
Public Works Minister Victor Diaz Rua said that the ministry's 2010 budget is nearly double that of 2009, "It will be the biggest budget in the history of the Public Works Ministry," he said during a meeting with the members of the Dominican Chamber of
Constructors (Cadocon), headed by Diego de Moya Canaan. Diaz Rua said that in the two years and three months that he has been minister, they have completed 113 projects, representing a total investment of RD$3.061 billion.
Diaz Rua said that the country now has an agreement with the International Monetary Fund in which for the first time the money is delivered directly to the government and not to the Central Bank.
He announced that the San Cristobal-Bani Highway would be finished in March, with a budget of RD$3.048 billion, and the new bridge over the Soco River in San Pedro de Macoris would be inaugurated in February.
The minister also announced a nationwide road-paving program costing RD$500 million beginning next week. This comes in time for the political campaigning for the municipal and congressional election in May 2010.
In addition, the 51km stretch of highway from the Duarte Expressway crossroad to Casabito-Constanza is being improved at a total cost of US$85.3 million. Another major project that the ministry plans to inaugurate next year is the Duarte Corridor, at a cost of US$163.8 million, a length of just 3.23 kilometers, which includes a tunnel for easing traffic flow around Santo Domingo's Tiradentes Avenue.
The minister also announced that in 2011 the government would begin the construction of a corridor along 27 de Febrero Avenue between Winston Churchill and Luperon avenues, including 3 overpasses at 27 de Febrero and Dr. Defillo avenues, 27 de Febrero and Carmen Mendoza avenues and 27 de Febrero and Nunez de Caceres avenues. They will also begin construction of the Atlantic Tourist Boulevard and the second stage of the Santo Domingo-Samana concession.
More... (http://www.dr1.com/index.html#3)
Public Works Minister Victor Diaz Rua said that the ministry's 2010 budget is nearly double that of 2009, "It will be the biggest budget in the history of the Public Works Ministry," he said during a meeting with the members of the Dominican Chamber of
Constructors (Cadocon), headed by Diego de Moya Canaan. Diaz Rua said that in the two years and three months that he has been minister, they have completed 113 projects, representing a total investment of RD$3.061 billion.
Diaz Rua said that the country now has an agreement with the International Monetary Fund in which for the first time the money is delivered directly to the government and not to the Central Bank.
He announced that the San Cristobal-Bani Highway would be finished in March, with a budget of RD$3.048 billion, and the new bridge over the Soco River in San Pedro de Macoris would be inaugurated in February.
The minister also announced a nationwide road-paving program costing RD$500 million beginning next week. This comes in time for the political campaigning for the municipal and congressional election in May 2010.
In addition, the 51km stretch of highway from the Duarte Expressway crossroad to Casabito-Constanza is being improved at a total cost of US$85.3 million. Another major project that the ministry plans to inaugurate next year is the Duarte Corridor, at a cost of US$163.8 million, a length of just 3.23 kilometers, which includes a tunnel for easing traffic flow around Santo Domingo's Tiradentes Avenue.
The minister also announced that in 2011 the government would begin the construction of a corridor along 27 de Febrero Avenue between Winston Churchill and Luperon avenues, including 3 overpasses at 27 de Febrero and Dr. Defillo avenues, 27 de Febrero and Carmen Mendoza avenues and 27 de Febrero and Nunez de Caceres avenues. They will also begin construction of the Atlantic Tourist Boulevard and the second stage of the Santo Domingo-Samana concession.
More... (http://www.dr1.com/index.html#3)