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speckulater

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speckulater

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Saturday, 09/22/2007 10:52:12 AM

Saturday, September 22, 2007 10:52:12 AM

Post# of 7653
Dominican Republic To Produce Biofuel


By Beata Lockwood
Caribbean Net News Dominican Republic Correspondent
Email: beata@caribbeannetnews.com

SANTO DOMINGO, Dominican Republic: The United States and Brazil have chosen the Dominican Republic as one of the four countries where biofuel will be produced with their assistance in financing and technical support. The other countries are Haiti, El Salvador and St Kitts.

In March of this year, a biofuel co-operation agreement was reached between the countries involved and now feasibility studies are to commence as early as next week.

The advantage that the Dominican Republic has is the abundance of large sugar cane plantations, which can be used to produce ethanol and also a native tree that can be used to produce oil to be used to substitute for diesel fuel. This native tree could be cultivated in large numbers especially in the south of the country and also in neighbouring Haiti.

The biofuel produced could be used domestically and also exported. It is expected that this will attract foreign investment and create a large number of jobs for the Dominican Republic people in the chosen areas.

Sept. 20, 2007

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