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Dominican Republic starts US$1.9B power plants

Santo Domingo.- President Danilo Medina on Sunday said his Administration doesn’t stop any of the works it starts until concluded, and vowed to inaugurate the Cibao-South highway ready for traffic before the end of his term.

Medina spoke in San Juan de la Maguana (west) after the groundbreaking ceremony for the construction of the first of two coal-fired plants near Bani (south), where he affirmed that he works continuously to solve the electricity problem, because the country cannot continue subsidizing it.

In San Juan, the president cut the ribbons on more than a dozen works including the San Juan Shopping and Cultural Plaza and the refurbished Regional Diabetes and Nutrition Institute, at a cost of more than RD$1.5 billion.

Medina said the Cibao-South highway will be built with funds obtained with the system of trust. “We have managed to get Congress to approve a law of trust which we have created through the Reservas bank, and then we’ll place all of Dominican Republic road tolls in a sort of trust to get funding for build roads to build in the country, and San Juan-Santiago will be calling for tenders for the road in January.”

He said the Cibao-South highway will be divided into six simultaneous work sections so that builders can finish it before his term ends on August 16, 2016.

Coal plants

The Punta Catalina Power Central is the unofficial name of the plants, with two, 385 megawatt coal-fired plants each, which will cost US$1.9 billion. “The country’s middle class cannot withstand one more electric bill jump,” Medina said.

Source: DT

Category: DR News |

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Last updated December 5, 2016 at 9:13 AM
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