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View Full Version : Leonel promises help



NewsWhore
09-07-2007, 02:21 PM
President Leonel Fernandez has announced that in the next few days he will implement some new measures aimed at strengthening new opportunities available in the textile sector, with the intention of creating jobs in the country's free trade zones. Fernandez, as reported in Diario Libre, said that ways of making the most of new opportunities are being studied so that they are beneficial to Santiago, the Cibao region and the country in general. Fernandez added that his administration is studying the changes in the textile sector, which, according to him, are reflecting positive trends. The President made his statement after a meeting with Dominican Free Trade Zones Association (Adozona) president Fernando Capellan and Adozona directors.
The President announced that a new commission would be looking into Santiago's free zone problems. Clave Digital reports that during a similar visit to Santiago on 4 September 2006, the President named a previous commission to be presided by then Secretary of the Presidency Danilo Medina.
El Caribe reports that during that meeting Treasury Minister Vicente Bengoa and Customs director Miguel Cocco refused the FTZ sector's request that the authorities devaluate the peso because it would have negative effects on the economy. Yesterday President Leonel Fernandez inaugurated apartments at the Villa Magisterial housing project and supervised the public works projects that are taking place in the Arroyo Hondo and Cristo Rey areas of Santo Domingo. The apartment project was completed with an investment of RD$78,978,422 and includes 936 apartments in 117 buildings. The complex also has a 300,000-gallon water tank to ensure that residents have water.

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