Zeons Corporation (ZEON): DR Energy Funding Well that settles h...

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Re: thecrystalball23 post# 54818

Tuesday, 10/09/2007 11:08:04 AM

Tuesday, October 09, 2007 11:08:04 AM

DR Energy Funding

Well that settles how the Dominican Republic will Finance any Energy Deals. Any required assistance has been promised by the IDB, Inter-American Development Bank. It is now official, the Dominican Republic has Funding for any Energy Deal.

October, 8 - 8:43 AM

The IDB will fund Dominican biofuel production

La Romana.- The Inter-American Development Bank (IDB) said it will provide all the help the country needs to develop projects to produce biofuel, such as ethanol from sugar cane and biodiesel from vegetal oils.

IDB president Luis Alberto Moreno, speaking in a meeting with Dominican government officials held this weekend in Casa de Campo, said biofuels are currently a great opportunity for the country, and are part of Latin America’s most important technological revolution in the last 50 years.

"We are in a true revolution in which each Latin American country has special conditions and those conditions are given in Dominican Republic in the measure in which each farmer can produce foods and can be an energy company," he said.

http://www.dominicantoday.com/app/article.aspx?id=25687

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