PDA

View Full Version : Huge investment in tourist sector



NewsWhore
04-18-2007, 02:20 PM
The Dominican Republic's leading tourist areas are due to get a huge injection of government sponsored projects aimed at improving the local infrastructure in the areas surrounding the most popular destinations. According to Listin Diario, more than US$250 million is to be invested. Projects include housing, churches, aqueducts, post offices, markets, sanitation systems and government offices. The money comes from the special tax (US$5.00) on tourists arriving by air. In its first year, the tax has raised over US$20 million for the Executive Committee on Infrastructure in the Tourist Zones (Ceiztur). According to Tourism Minister and realtor Felix Jimenez, the RD$8.37 billion investment will enable the country to maintain its status as a top tourist destination. Speaking at the most recent DATE 2007 convention, the president of the National Hotels and Restaurants Association (ASONAHORES) predicted a 90% increase in tourism over the next eight years.

More... (http://www.dr1.com/index.html#6)