Economy December 15, 2015 | 1:00 pm

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Dominican-Haiti border´s US$31.0M first project ´historic´

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

The pilot plan would create100,000 direct textile area jobs by 2030, said Dominican mogul Juan Vicini ofthe CEBQ, in the ceremony headed by Council members Marc Antonine Acra and JeanLucien Ligonde.

Vicini said the fundaims to exploit synergies with renewable energy, transport, logistics, rawmaterial and labor that would benefit the Haiti border towns of Ouanaminthe andFort Liberte, and Dajabón and Manzanillo on the Dominican side.

"The developmentof these industrial buildings will create 4,000 industrial jobs and population willactively take part in the community´s development with sustainable urban centersand will create and promote formal bilateral trade," said Acra who called theconstruction a historic step for Dominican Republic´s and Haiti´s economy.

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