2005News

Ekinsa not Equinsa

Diario Libre clarifies that Ekinsa is the company that is interested in doing US$300 million in business with the Dominican government and not Equinsa, as erroneously the Presidency reported yesterday. The Spanish company’s president, Cesar de la Prida met with President Leonel Fernandez in Madrid. Subsequently, the Presidency press office announced the Ekinsa deal as a done one. Financing would have to be found for the projects that would be funded by the Dominican government, Jose Eduardo Montes de Sande, representative of the company in the DR, explained to Diario Libre. The company seeks to be awarded a contract to install a modern communications network for the police, build new national archives, install libraries nationwide and equip the library at the UASD. He explained they have not opened an office in the DR as they are waiting for governmental approval of one of their projects. With the approval they will secure the credit that would be paid by the government to fund the project.