Major companies back Santiago development, in spite of the pandemic

Dolores

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Feb 20, 2019
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The economic downturn caused by the Covid-19 has not stopped major entities from continuing their expansion in the city of Santiago de los Caballeros, the second largest in the Dominican Republic. All of this points to more growth for the region. A report in El Caribe looks into the recent large investments in supermarkets, banks and private health centers. Immense parking garages are going up, and quite a few high rise apartment building in lots formerly occupied by single-family dwellings



For example, CCN’s Supermercados Nacional chain has opened not one but two new large stores. The original store on the Estrella Sadhala avenues was followed fairly recently by the Paseo, a multi-store mall on the Juan Pablo Duarte Avenue, next to Villa Olga. Besides operating the Jumbo store in Las Colinas, the chain is opening another store on Rafael Vidal Avenue and yet another on 27 February in the El Dorado section on the way to Tamboril. The stores serve middle and upper-class areas...
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