NewsWhore
05-26-2010, 03:00 PM
The PLD has passed a loan for US$19 million for the start of construction of the Monte Grande dam, a project that will cost US$270 million and will be implemented by the National Institute of Hydraulic Resources in the provinces of Barahona, Bahoruco, Independencia and Elias Pina. The government will be borrowing from the commercial bank Fortis Bank S.A.-N.V. The hydroelectric dam will be built by Brazilian company Andrade Gutierres and the Dominican counterpart is Servinca, Ingenieros-Arquitectos.
Hoy reports that the Senate also is studying five more loans for US$250 million, and the sales contract of the 49% stake in the Dominican Petroleum Refinery to Venezuela.
More... (http://www.dr1.com/index.html#5)
Hoy reports that the Senate also is studying five more loans for US$250 million, and the sales contract of the 49% stake in the Dominican Petroleum Refinery to Venezuela.
More... (http://www.dr1.com/index.html#5)