The People’s Republic of China is having discussions with the Dominican government for the installation of a waste incineration central that would also generate 30MW and the installation of a gas-fired power plant to generate 50MW. These would call for US$274 million in investment. There are also talks of a multifunctional water project to be built at a cost of US$350 million and the construction of 10,000 low cost housing units of 50-65 meters, for more than US$200 million.
Dominican Republic imports US$1.6 billion from China in 2017. The DR exports minerals, metals and medical devices to China. Big Chinese businesses operating in the country are Powerchina, Avic Internacional, Huawei, ZTE, Mega Star, Yutong and Nonfemet.
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El Caribe
28 June 2018
