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European Union donates RD$481M for tourism business in Pedernales

The Medina administration has included in the National Budget an allotment for RD$569.3 million to assist small hotels and businesses in the southwestern province of Pedernales in 2018.

The Pedernales area is slated for development by the government once legal matters regarding irregularities in property titles to beach lands come to a conclusion.

As reported in Hoy, the Ministry of Industry, Commerce and Small Business is in charge of a project to improve the environmental and economic sustainability of small hotels in Pedernales. Of the funds, RD$481 million is a donation from the European Union.

The project is part of the Program for the Promotion and Backing of Micro, Small and Medium-Sized Enterprises (MSMEs). The allotment is registered in the budget under the project name of: Transferencia de capacidades para la implementacion de procesos de produccion mas limpia en pequenos hoteles en Pedernales.

The project includes several components, with the largest allotment of RD$248.9 million assigned to consultants that will provide technical assistance for the research, development and transfer of technology for the development of the value chain.

Other resources will be invested in assistance and training of artisans, improvement of quality of products, technological updates, and advertising.

Source; DR1, Hoy

Nov 1, 2017

Category: DR News |

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Last updated November 19, 2017 at 11:32 PM
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