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Dominican-Haiti border’s US$31M first historic project

Dajabon, Dominican Republic.- The Quisqueya Binational Economic Council (CEBQ) on Tuesday launched the Zone I Pilot Plan, the first of four proposed investment funds for the border area to be built at a cost of US$31.0 million, including real estate projects.

The pilot plan would create 100,000 direct textile area jobs by 2030, said Dominican mogul Juan Vicini of the CEBQ, in the ceremony headed by Council members Marc Antonine Acra and Jean Lucien Ligonde.

Vicini said the fund aims to exploit synergies with renewable energy, transport, logistics, raw material and labor that would benefit the Haiti border towns of Ouanaminthe and Fort Liberte, and Dajabón and Manzanillo on the Dominican side.

“The development of these industrial buildings will create 4,000 industrial jobs and population will actively take part in the community´s development with sustainable urban centers and will create and promote formal bilateral trade,” said Acra who called the construction a historic step for Dominican Republic´s and Haiti´s economy.

Source: DT

Dec 15, 2015

Category: DR News |

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Last updated December 8, 2016 at 12:39 AM
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