Bank loan for Samana aqueduct

[NewsWhore]

The government is requesting approval for a loan with commercial bank ABN Amro Bank to cover works for the Samana Aqueduct. The aqueduct is said to cost US$115 million and the Executive Branch is requesting that the Senate approve a US$71.2 million loan. Brazilian export development agency BNDES will guarantee the financing of construction that is to be carried out by Brazilian company Norberto Odebrecht.

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