Vice Governor of the Central Bank Luis Manuel Piantini said that the Central Bank is preparing a tender to sell the Playa Grande tourism development in the area of Rio San Juan, Maria Trinidad Sanchez province on the North Coast. He said the golf course that is part of that development is valued at US$120 million. Golfers praise this golf course as one of the best in the DR and the Caribbean. Piantini says that President Mejia favors the Central Bank divesting itself of property it has acquired under special circumstances that does not correspond to the essence of its operation. Other tourism potential development properties are the Montellano sugar fields and the Playa Dorada golf course and other facilities, in Puerto Plata. The Central Bank also owns the Rosario gold mine that is up for a tender in July. (21 March 2001)
