2001News

The most expensive avenue in the country

El Siglo newspaper looks into the high cost of the Jacobo Majluta Avenue to Dominican taxpayers today. The government estimates it will cost RD$419.9 million to repair Jacobo Majluta Avenue on the north side of Santo Domingo. The avenue, was built during the 1994-1996 Balaguer administration at a cost of RD$300 million. Shortly after, major construction flaws were revealed. The Fernandez administration (1996-2000) invested RD$234.6 million more to repair it, bringing the total to RD$534.6 million. The repairs, though, were not completed and now the Mejia administration says another RD$419.9 million (allotted in the US$500 million sovereign bond package) are needed to finish the avenue. This brings the total cost of the 9.8 kilometer avenue to RD$954.5 million or more than RD$97 million per kilometer. In addition, another RD$100 million has been invested in the access road to the La Isabela Airport off Jacobo Majluta Avenue.