NewsWhore
03-29-2007, 04:30 PM
The Executive Branch submitted to Congress four contract loans for a total of EU238 million. These contracts will be used to build the Santo Domingo Metro. The contracts were signed by Office for the Reorganization of Transit head Diandino Pena. One contract was signed with the CIM TSO Consortium for EU33,059,375.96. That contract is for the construction of the 14.2 kilometer railways and for the equipment to provide maintenance to the railways. The second contract was signed with Alstom Transport S.A. for EU94,302,000. This contract is for the manufacturing, supplying and guarantee of 19 cars for the Metro. The third contract was signed by Sampol Ingenieria y Obras S.A for a sum of EU12,036,673.90. This contract is for the supplying of electricity. The final contract was signed by the Siemens Consortium and is for the installation of electrical mechanic materials. The Diario Libre writes that the Senate is expected to approve the contracts by Tuesday of next week.
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