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Santo Domingo.– The Dominican government said it will find jobs for most of the 900 workers laid off at Falconbridge Dominicana, the country's largest nickel mine.

President Leonel Fernandez says developers of the Punta Perla resort have promised to hire 200 laid-off workers and most of the rest will be hired by the government's environment, agriculture and public works departments. He says about 90 workers could qualify for early retirement.

Toronto-based Xstrata Nickel recently laid off about 70 percent of its workers at local subsidiary Falconbridge Dominicana. It's a subsidiary of Anglo-Swiss Xstrata PLC. Fernandez also said Friday that scholarships are available for the workers' children.

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COMMENTS
6 comment(s)
Written by: Jander, 13 Dec 2008 11:26 AM
From: Dominican Republic
Good , now happened to the 4000 at the FTZ, did that get resolved ?
Written by: Jander, 13 Dec 2008 11:28 AM
From: Dominican Republic
in reference to this article.

1.Dominican Government given 6 days to avert massive lay offs
Economy, 9 December 2008, 3:16 PM
SANTO DOMINGO.- The La Vega Industrial Free Zone Companies Association warned that if they don’t receive the incentives pending from the Government before December 15, they’ll be forced to lay off around 4,000 workers.
Written by: dreadlocks, 13 Dec 2008 6:17 PM
From: United States
Jander, now that the DR is a member of DR-CAFTA, can you explain why we still have industrial free zones?
Written by: drtampa, 13 Dec 2008 7:11 PM
From: United States
For the same reason there are maquiladora operations in Mexico after NAFTA. You only pay duty on the labor. Duties still exist.
Written by: abc200, 14 Dec 2008 11:52 AM
From: United Kingdom
As layoffs occur an alternative currency is needed.
A wide range of goods and services could be provided by means of an alternative currency.
http://www.time.com/time/business/article/0,8599,1865467,00.html?xid=feed-yahoo-biztech
self - sustaining communities can be created.
S.
Written by: zak325, 15 Dec 2008 4:51 PM
From: United States
Doing what exactly? maybe they can start digging for the future metro lines.
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