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Sunday, 09/23/2007 6:12:43 PM

Sunday, September 23, 2007 6:12:43 PM

Post# of 7653
Help For Dominican Power Sector


September, 23 - 8:21 AM


Washington, D.C.- The Inter-American Development Bank (IDB) and the World Bank are considering special financial support for the Dominican electricity sector with the aim of making it more efficient. The IDB is also looking into supporting the national road infrastructure development.

This news came during a lunch meeting hosted by the IDB for the organizers of Dominican Week and a group of Dominican business representatives.

The IDB’s Gustavo Romero said “We are willing to continue supporting the power sector. We have experience in this sector and want to continue supporting”.

He added that they are also looking into the role of ethanol and biofuels as a way of contributing to the sector.

He said that the IDB had a one-million dollar fund donated by the South Korean government for the purpose of alternative energy research. Taking part in the meeting were Dominican Week organiser Luis Heredia Bonetti, Frank Moya Pons and Roberto Saladín, among others.


http://www.dominicantoday.com/app/article.aspx?id=25533








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