2005News

Sans Souci not to be bought in cash

The government will not receive one penny of the US$39.4 million transaction that involved the sale of real estate for development of the maritime and housing projects to be built in Sans Souci. The contract signed between the government and Inversiones Turisticas Sans Souci, of which El Caribe has a copy, states that the transaction amount will be paid and compensated by investments in infrastructure by the buyer. These include the dredging and cleaning of the port and the building for the Navy Chief of Staff. Also, the conditioning of public areas, parks, and adjacent areas, the construction of 10,000 square meters of plazas and commercial areas, expansion and repair of the breakwater in the entrance to the port, the new Sans Souci Avenue, a floating bridge, and a beach club. This is being criticized by the President of the Senate Public Works Commission, Vicente Castillo, who stated that “the land is going to be paid for by works that contractors are going to build; works supervised by themselves and with their own resources. I don’t think this is ethical and should be given special attention.” The project promoters are guaranteeing that the revitalization of the city’s sea terminal will produce large-scale social and economic benefits for the country. They are also projecting a considerable increase in the amount of tourists arriving in the city as they expect a greater number of cruise ships to dock at the new port.