NewsWhore
11-29-2007, 03:10 PM
The National Business Council (CONEP) and the National Association for Young Entrepreneurs (ANJE) have both spoken out against the government's planned purchase of Shell's share in the Dominican Petroleum Refineries. Conep president Lisandro Macarrulla said that his organization is opposed to the purchase because the government's role is that of a facilitator and regulator. ANJE president Joel Santos says that it would be counterproductive to purchase Shell while the government is supposed to be in a state of austerity. Santos said that the government should instead find a strategic international partner for the purchase. Economist Guillermo Caram voiced similar concerns and said that the government should build a new refinery instead of investing in the current one because the existing refinery has limited production capacity.
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More... (http://www.dr1.com/index.html#5)