NewsWhore
09-05-2006, 07:10 PM
Former Central Bank governor and ambassador in Washington, DC, Carlos Despradel, tells the frustrating story of his own son, Roberto Despradel who recently purchased a plot in the Portillo area in Samana, only to find that the Spanish hotel company that purchased the adjacent Portillo Beach Resort will be locating their power plant to service the expansions they are making at the property right next to his land. Despradel writes in El Caribe on the occasion of recent statements by the Spanish ambassador to the Dominican Republic, Almudena Mazarrasa who complained about juridical security problems Spanish investors have confronted in the country. He points out the detail that the Las Terrenas municipal council had denied the Spanish hotel company a permit to build the power plants, because this would affect the tranquility of prior investors in vacation homes in the area. But the construction continues nonetheless. He says that to make matters worse, the Ministry of Environment has also denied the corresponding permits for building the power plant, but the Spanish company has ignored the government department's decision. "It appears that the investor's advisors have told him that in our country one does not have to heed the authorities, and that once the work is completed, no one will oblige them to retract," he writes.
"These are some of the same foreign investors, probably, that are pressing their embassies here to denounce the fact that there is no juridical security here. Such irony," he comments.
More... (http://www.dr1.com/index.html#12)
"These are some of the same foreign investors, probably, that are pressing their embassies here to denounce the fact that there is no juridical security here. Such irony," he comments.
More... (http://www.dr1.com/index.html#12)