20012001 Travel News ArchiveNewsTravel

Aeropostal chosen as partner for Dominicana

The Commission for Public Enterprise Reform (CREP)has chosen Aeropostal, otherwise known as Consorcio Dominicano 2001, to privatize Dominicana Airlines. Rafael Montilla Martinez, president of CREP, said that the company bid US$10.2 million for the airline, the minimum set by the CREP. The company was the only one that qualified for the tender. The privatization stipulates …
2001News

Interruption of construction skyrockets costs

El Siglo points out that building public works in a stop-and-go manner increases their costs. The newspaper reports on a sampling of public works whose costs have increased significantly. These are: Núñez de Caceres drainage tunnel (initial cost RD$42 million) now RD$101 million Manoguayabo Highway (initial cost RD$30 million) now RD$122 million Supreme Court of …