1999News

CDE to build dam on North Yaque River

The Dominican Electricity Corporation’s (CDE) new Hydroelectric Generation Company formally announced yesterday that it will build the Manabao-Bejucal-Tavera Dam on the Rio Yaque del Norte. The hydroelectric dam project was originally slated for construction in the mid-1980’s, but was abandoned by the government under President Balaguer in 1987. CDE has openly toyed with the idea of "completing" the project ever since President Fern?ndez took office in 1996, so yesterday’s announcement was not a complete surprise. CDE says it will invest RD$210 million in building the dam, projected to generate 140 megavolts electricity once completed and brought on-line.