1998News

How much is Molinos worth?

The director of the Corporación Dominicana de Empresas Estatales (Corde), architect Eduardo Selman does not agree with the assessment made to Molinos Dominicanos, the state flour mill by the Comisión de Reforma y Capitalizacion de la Empresa Pública, the government body in charge of privatizing state enterprises. The Comisión announced recently it has assessed the assets of the flour mill for a minimum RD$218 million and seeks a 50% private sector partner.