2001 Travel News Archive – Page 15

The French company Pact Arim 93 is rehabilitating homes in the Colonial City that will be sold for RD$600,000 to RD$900,000. Those who live in the Colonial City have the first option to buy. Nelson Toca, of Pact Arim 93, said that the first group of dwellings to become available are at Padre Billini 746, …

Read more…

Marino Ginebra, president of the National Council of Businesses (CONEP), favors letting the peso float to its real level of RD$20 to the US$1. “We have a problem. We have a peso that has been gaining over the past 10 years.” He said that five years ago, the Spanish peseta and the Dominican peso were …

Read more…

Alex Santana, president of Aerodom, the company that operates the Puerto Plata and Santo Domingo (Las Americas) airports, said they invested US$52 million in the terminals in their first year. Seventy percent of the money went into the Las Americas International Airport. There, new conveyor belts, customs and migration equipment, electrical and air-conditioning systems have …

Read more…

El Caribe newspaper reports that on 5 July, President Hipolito Mejia authorized an urban renewal development worth RD$5 billion in Sans Souci, on the East Side of Santo Domingo. The project would go up in a 394,509 square meter area, adjacent to the Columbus Lighthouse and the Mirador del Este park where sports venues for …

Read more…

The government has announced it will organize an annual ecotourism fair. The first event is scheduled to be held in Puerto Plata from 8-11 November. The fair site could be the Botanical Gardens atop Isabel de Torres Mountain, or in Cabarete or the Damajagua Falls area in Imbert. A planning committee headed by the Minister …

Read more…