The president of the Comisi?n de Reforma de la Empresa P?blica (CREP), Dr. Antonio Isa Conde is optimistic that that body in charge of privatization of state enterprises will complete the capitalization of the Dominican Electricity Corporation (CDE), the State Sugar Council (CEA), the Tabacalera and Dominicana Airlines during the first semester of the year. The entity successfully chose its 50% partner, Malla & C?a, in the new Molinos del Ozama, which merges the state flour mills Molinos Dominicanos and Molinos del Norte. The government has said it will use the RD$5,600 million in savings from subsidies granted money-losing state entities, to boost education, health and social security programs. The CDE capitalization has not found any takers after the CDE board set the assets at US$1,475 million. The CDE board used the services of Price Waterhouse, Merz and McLellan. The 19 bidding companies consider the set values excessively high. The CDE seeks to find three partners for distribution and two partners for the distribution of energy.