Economy December 28, 2017 - 4:29 pm

President Medina says coal-fired plant will open in 2018

President Medina in Puerto Plata. Credit: elcaribe.com.do

Puerto Plata.- President Danilo Medina highlighted the 6% growth rate of the Dominican economy and announced that the controversial Punta Catalina coal-fired electricity generating plant would be in operation in 2018.

He said the plant would end power cuts and reduce electricity rates.

In the north coast city Thursday to receive an “adopted son of Puerto Plata” award, the president also announced a completion target of 600 schools, 60 hospitals, Line 2B of the Santo Domingo Metro and Cable Car in 2018.

A new cruise ship terminal is planned for Puerto Plata, with increased capacity for receiving cruise passengers than Amber Cove.

Medina hailed the increase in tourism arrivals and expressed hope that the country would receive more than ten million tourists in ten years time.

He said that despite the adversities, the Dominican Republic is the country with the second highest rate of economic growth in all of Latin America.

COVID-19

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

April 15, 2024 - 8:40 am

Cyber attack exposes Covid-19 vaccination records in Dominican Republic

MOST READ

World

Seven countries to contribute mission agents to Haiti

Economy

Dominican Republic breaks ground on Punta Bergantín Innovation Hub

Tourism

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

Tourism

Dominican Republic winner of Tripadvisor’s 2024 Travelers’ Choice Awards

MORE NEWS

Expats' Corner

Tips for couples making the Big Move to the Dominican Republic

World

Dominican Republic and U.S. Officials discuss semiconductor sector investments

Local

Dominican workers rally for labor rights and social justice

Local

Santiago cable car launches regular operations