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Santiago. – The partnership RJS Group Republica Dominicana announced the creation of one of the world’s most important and modern agro-industrial complexes, with an investment of more than US$500 million to produce ethanol, electricity, feed, organic fertilizers, oils and other by-products.

The group said it has more than 900,000 tareas (56,700 hectares) of land in the northwest provinces Montecristi, Santiago Rodriguez, Dajabón and Valverde, to grow sweet sorghum, sunflower and soybeans, to generate more than 400 million liters of biofuel per year and more than 50 megawatts of energy.

In a gathering with Santiago media representatives, the executives, headed by Francisco Batista, presented a group of technicians graduated from the universities Harvard, Oxford, Massachusetts Institute of Technology and Stanford, and also consultants contracted from Brazil and India.

In a statement given to the press, the executives said evaluations are currently being conducted in five field experiments with different varieties of seeds of sweet sorghum from Australia, United States and Brazil.

It adds that the company plans to plant more than 56,700 hectares in the Northwest, leased from individuals for 30 years, to obtain electricity and other products.

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COMMENTS
5 comment(s)
Written by: Blutarsky This user is banned, 19 Oct 2009 8:27 AM
From: Dominican Republic, No Spin Zone
was this a fund raiser or is this for real or just a pony show ?.....is it really going to happen ?
Written by: Blutarsky This user is banned, 19 Oct 2009 9:32 AM
From: Dominican Republic, No Spin Zone
Man o man have you got stars in your eyes
Written by: josean, 19 Oct 2009 12:06 PM
From: United States, Show your Love for DR Vote AGAINST the PLD!
atabey,

This project IF true and your comments would be helpful in developing a truly sustainable economic model and move away from the all the eggs in one basket tourism model.

The Israelis could be a great resource in many areas needed to develop a national sustainable framing program.
Written by: locco, 19 Oct 2009 1:12 PM
From: Dominican Republic
that is great news just as long as they do not TAX the hell out of bio- fuel and other products
Written by: pelaut, 20 Oct 2009 7:56 AM
From: United States
....and we're going to have a mega-marina project in Isabela, an eight lane super-highway between Cotuí and Azua and a ....
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