Economy November 5, 2018 - 11:39 am

Lack of trust halts Puerto Plata port US$100.0M redo

Puerto Plata.-  The rejection by Santo Domingo-based shipping lines which fear losing their contracts has kept the construction by investors of  Puerto Plata’s port from materializing.

Deputy Ginette Bournigal made the statement after a tour of the investment site with members of the Chamber of Deputies Maritime Affairs Committee, and Port Authority director, Víctor Gómez Casanova.

Gómez praised the interest which he affirms the community of Puerto Plata has shown in the development of the port, “that will provide an important economic dynamism throughout the region,” citing the over US$72.0 million in direct income, and could create more than 6,000 jobs.

It emerged that the two companies in charge of the construction would preserve the acquired rights of fishermen and port workers.

Bournigal said that a group of entrepreneurs linked to the agro-industrial sector, headed by Avelino Sarante, has pledged to invest US$100.0 million to improve the port “which is in deplorable conditions.”

“Because of our nature, and because of the times they have deceived us, we Dominicans always question everything. I understand that it is possible to show mistrust in the execution of a private investment for the construction of the freight dock,” the former senator said.

COVID-19

May 5, 2024 - 9:36 am

287 people arrested in Los Haitises for environmental crimes

April 30, 2024 - 10:04 am

SeNaSa hires more than 1,500 doctors

April 26, 2024 - 9:23 am

Pro Consumidor clears rice brands of harmful metals

April 22, 2024 - 1:21 pm

Ney Arias Lora Hospital and CMD appeal ruling

MOST READ

Tourism

Cuba shows interest in exploring opportunities in Dominican tourism

Local

Scientific study reveals oil generation potential in Dominican Republic’s basins

Tourism

Hyatt to add 1,000 rooms in Dominican Republic with two new hotels

People

Celinee Santos crowned Miss Dominican Republic Universe 2024

MORE NEWS

Economy

Dominican Republic received US$10,000 million in remittances last year

Local

JCE mandates suspension of Government social support plans ahead of elections

Local

439 arrested for environmental offenses in Los Haitises National Park

Local

ETED contingency plan Implementation for the rainy season