Company estimates to start Bucanyé tourism project next November

Oceanus Investment, a prominent investment company, has announced its intention to commence construction of the Bucanyé tourism project in Pedernales in November, pending the timely approval of administrative requirements for obtaining the environmental license. The initial phase of the project will involve the construction of a 125-room hotel, with an investment of $35 million and the potential to generate 500 jobs.

Salvador Catrain, the company’s representative, stated that they are awaiting the Ministry of the Environment’s issuance of terms of reference within 45 days to facilitate the environmental impact study required for the final environmental license.

Oceanus Investment plans to invest a total of $2 billion in the Bucanyé project over the course of 20 years, aiming to build 17,000 rooms, as reported by El Nacional.

Catrain emphasized that the company has fulfilled all necessary requirements, with the Pedernales City Council already granting approval for land use. The final steps involve obtaining environmental and minimum impact authorizations.

“Bucanyé adheres to environmental and tourism regulations, aligning with the category VI designation of a national recreation area that promotes sustainable development and fosters social, economic, and environmental benefits,” Catrain added.

The company places significant emphasis on the social and economic impact the project will have on Pedernales, considering it a pivotal factor in their decision-making process. The project is expected to bring substantial benefits to the local community, driving economic growth and protecting the environment.

With the construction of the Bucanyé tourism project, Oceanus Investment envisions a prosperous future for Pedernales, creating employment opportunities, boosting the local economy, and promoting sustainable development in line with national regulations.