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Santo Domingo.- President Leonel Fernandez yesterday headed the groundbreaking for the works of the Duarte Corridor, consisting of six overpasses in different intersections in the National District and Santo Domingo province.
With the project, whose cost is US$163 million, with a loan from Brazil’s BNDES bank, the Government seeks to expedite traffic in those areas.
In the ceremony conducted on Kennedy avenue, between the Defilló and Núñez de Cáceres, Public Works minister Victor Diaz said the work was submitted to an international bidding, won by the company Consorcio Corredor Duarte.
Two of the overpasses will be built on the Duarte highway, in the intersections of the Monumental and Manoguayabo avenues; two on the Kennedy, in the Defilló and Núñez de Cáceres intersections; one on the 27 de Febrero with Ortega y Gasset and another on the avenue Charles de Gaulle with the San Isidro highway.
Diaz said more than 800,000 units vehicles cross those six intersections daily, and that the project’s economic feasibility study revealed an annual Internal Yield Rate of 20.9%, and will pay for itself before five years.
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I'm curious, WTF is LF cut on all this....2points, 3points or 10%, for securing loans on things that don't worth as much as siad. Lets think on this.The cost of labor in DR is cheap (w/o the Hatians). We have cement factories that owe monies. Electric companies owing monies, Resorts owing property TAXES!!!!!! Officials getting FAT of the public. Drug monies (UD500,000+). Lets not forget the DRUG DEALER colonel, he has tons of Monies and properties we can get rid of.
I say, lets collect and build with our own. there is lots of monies to collect and no one is budging.
In my job if i EF up i get fired and if I steal i get fired and maybe go to jail...........Who is the Manager, I wanna talk to the Manager!!!
We have:
1) Continuous brownouts
2) Considerably higher national debt
3) Blatant corruption and lawlessness
4) Poor educational system
5) Poor infrastructure
6) High drug problem
7) High population density
8) High uemployment and underemployment
9) LF as head of state
10) High crime
11) High real estate cost: 1st world prices in 3rd world country, with commensurate income!
12) ~2M illegal immigrants
13 Low expectations
14) A happy populace in spite of all these wrongs
15) Etc.
One would be hard-pressed to definitively conclude we are better off today than we were 50 years ago.
This is my first opinion
We Need all of that overpasses Because is more good when they invest the money in Needes for community Than They Take the peaple money for put in the bank
Thank You Some Much
Joel C
DR needs to be DECENTRALIZED !
Santiago and el Cibao in general produce most of the country's goods but Leonel only knows about the rest of us when he is running for elections,each province should slowly be given control over more of their income ,giving to the central government a determined percentage and thereby giving more power and control to the local leaders who understand the issues of their respective areas better.
Of course they want to keep as much power and money in the capital and would fight this tooth and nail....Leonel and the PLD had to spend millions in Santiago at the last minute to sway votes away from the PRD.