2017News

Will Chinese and Spanish companies fill the shoes of the Brazilian builders

An editorial in Diario Libre on 27 June 2017 puts the Dominican society on alert. It refers to comments made by an officer of a multilateral bank observing there would be setbacks in infrastructure in the Americas as a result of the Odebrecht scandal. The Brazilian company was the largest builder in the region, responsible for many major highways, bridges, and aqueduct projects. “It was a good business, an opportunity to promote corruption, and material enrichment supplanted moral conviction,” writes the editorialist.

The editorial pin points the observation made by an Odebrecht officer that it will only be a matter of time before the void left by Odebrecht is filled by Chinese and Spanish construction companies while the Brazilian firms regroup.

The editorial writer then asks: “How will the government handle itself, what will the legislative houses do when the new contracts arrive? For sure their hands will itch in anticipation.”

Read more in Spanish:
Diario Libre

28 June 2017