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NewsWhore
12-11-2007, 02:20 PM
Brazilian ambassador in the DR Ronald Edgar Dunlop says that the Brazilian National Economic and Social Development Bank (BNDES) has increased the total of money available for development of Brazilian-contracted public works in the Dominican Republic. Dunlop says that BNDES has increased its line of credit to the Dominican government after damage to infrastructure by Tropical Storm Noel. Dunlop said that last Thursday the Bank finished the paperwork for the disbursal of US$110 million for a water supply project in Samana. Dunlop explained that leading Brazilian engineering companies Andade Gutierrez and Odebrecht that are building the Samana aqueduct, and Pinalito and La Placeta dams, among other public works, have access to this credit for the constructions in the Dominican Republic.

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