Close Gallery
Cabo Rojo's road to development.
Zoom Picture

SANTO DOMINGO.- Tourism minister Francisco Javier Garcia on Wednesday said the government guarantees the legal security and coexistence of local and foreign interests with investments in Pedernales province (southwest), as expectations over the scope and breadth of the planned projects grow.

He said it’s unacceptable to allow politics in the solution of any type of business legal dispute which may occur in the province and that the confrontation between investors is limited to a problem of form and not of depth, for which the solution doesn’t have to lead to major inconveniences.

“The Dominican State cannot under any circumstance give any connotation that it affects acquired rights, one of the guarantees we give foreign investors, those here and those who are about to come, is our legal security,” Garcia said in a statement .

He said Tourism won’t accept that policy to be placed in doubt and all foreign companies which come to the country must have financial guarantees. He urged the companies and investors to “put their cards on the table” so they can put behind their differences and work in harmony in Pedernales. “Our interest is that the existing companies can continue working without jeopardizing their interests.”

The official headed a meeting in his office with the main executives and lawyers of Ideal Dominicana (Cementos Andino) which operates Cabo Rojo; Mining director Octavio Lopez; Pedernales governor Francisco Alberto Jiménez and senator Dionis Sanchez.

Environment Evaluation director Lina Berigüete, Dominican Agrarian Institute director Héctor Rodriguez and the journalist Carlos Julio Feliz also took part.

Share / Recommend this article: FacebookFacebook Digg thisDigg this del.icio.usdel.icio.us TechnoratiTechnorati YahooYahoo Facebook
COMMENTS
6 comment(s)
Written by: josean, 28 Oct 2009 3:58 PM
From: United States
“The Dominican State cannot under any circumstance give any connotation that it affects acquired rights, one of the guarantees we give foreign investors, those here and those who are about to come, is our legal security,” Garcia said in a statement .

Tell that to the people who bought land in CUMAYASA!
Written by: xwill7, 28 Oct 2009 4:47 PM
From: United States, Chicago
they will need to add a metro to connect SD to pedernales... then the carbon can ride on board... the tree cutters can live in SD and work in pedernales lol
Written by: josean, 28 Oct 2009 5:11 PM
From: United States
Actually a surface rail that circumvents the entire island would not be a bad idea, subject to meeting other national priorities like education, heath care and electricity first!

And of course only on our side of the island, before pepe 32 get’s a coronary!
Written by: xwill7, 28 Oct 2009 5:14 PM
From: United States, Chicago
the tracks would get stolen for scrap metal
Written by: glomarexplorer, 28 Oct 2009 7:53 PM
From: United States, Fresh Water Paradise-NY Finger Lakes
Josean,

I fully agree with you on the issue of a surface rail service connecting all corners of the island. I have proposed such system previously, with a natural central hub in Santiago [BTW, I am not a Santiaguero!].

I do not believe it has to follow any advancement in education, however, as I believe income derived from it in taxes, etc, could be used to improve education and infrastructure.

DR has very limited industrial and natural resources and, in my opinion, increasing educational level and opportunities will not necessarily alleviate unemployment or socio-economical well-being. Quite the contrary, I believe it will exacerbate it. Educated people don't take yolas; their idle time will turn into the incubation of ideology and revolution-no matter who is in power. Perhaps that wouldn't be such a bad thing, given present three-ring circus.
Written by: glomarexplorer, 28 Oct 2009 8:00 PM
From: United States, Fresh Water Paradise-NY Finger Lakes
As I consider featured picture, I can't help but think of how many bags of carbon we could harvest from this beautiful young forest. Man, there's a lot of money to be made here, and without apparent repercussions!

I can't believe there are places such as this one remaining near the western frontier.

Protecting this treasure is worth fighting and dying for. Let's prosecute and punish all tree cutters, be they Dominican or foreigners. Our future well-being certainly depends on it.

Dominicans, rise up and defend the national patrimony....many gave up their lives unselfishly for your inheritance. Protect it and defend it, and pass it on to the next generation-unperturbed!
Post Your Comment | Not a member? Create your account | Lost your password?
Write your opinion here. Please keep your comment relevant to this article. Please note that any comments which contain offensive language or discriminatory expressions may be edited/removed.
You must log in to post a comment:
Username Password