On occasion of the visit of Juan Jose Ibarretxe of the Basque Country, President Leonel Fernandez announced that 21 companies from northern Spain would invest in the DR. He said 20 will be high-tech companies that will set up shop in the Las Americas Cyberpark, while the other, Corporacion Cooperativa Mondragon (the seventh largest in Spain), will invest in a residential complex in Manzanillo, located in the north-western province of Monte Cristi. Ibarretxe announced a cooperative donation of half a million euros designated for a program to develop small business in the slum barrio of Las Canitas, Santo Domingo.