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Santo Domingo.- The head of the country’s second biggest cement maker on Sunday said interest rates are at a good level to boost the construction sector, and that their industry is willing to help the government bolster the economy.

Cementos Cibao president Denisse Rodriguez agreed that nterest rates are falling. “I think now it will be easier for builders because the rate is at a good level. I think they’re going to fall a little more."

She said the cement industry is more than willing to cooperate with the government to boost the economy through the construction sector.

Speaking during a dinner hosted by the Hardware Dealers Association to recognize Cementos Cibao as Business of the Year, Rodriguez said her company will always champion the Cibao region’s and the country’s economic development.

"We receive this award in the spirit of reiterating our commitment to the development of the hardware sector, so important in the economic and social progress of our nation."

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COMMENTS
7 comment(s)
Written by: josean, 10 Sep 2012 12:33 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016

Usury interest rates are killing the country in general and particularly the embryonic middle class, I hope this is not too little too late!

Written by: bernies, 10 Sep 2012 12:45 PM
From: United States, key west fl
It is never too little and too late when you have the will to do it,
Written by: JHCL2016, 10 Sep 2012 1:49 PM
From: United States, EN PUNTA CANA: Jose H Con Leonel 2016!
Just more pa'lante!

Stop whining, coge pa'lante y manos a la obra!

8-)

* Gracias Dios, tenemos a Leonel, a Danilo, y a Margarita *
Written by: JHCL2016, 10 Sep 2012 1:52 PM
From: United States, EN PUNTA CANA: Jose H Con Leonel 2016!
PRIMER PICAZO: Monday Sept 17th.... Jajaja...

facebook.com/#!/photo.php?fbid=472427689457867&set=a.459601124073857.113926.100000719190603&type=3&theater

Stop whining, coge pa'lante y manos a la obra!

8-)

* Gracias Dios, tenemos a Leonel, a Danilo, y a Margarita *
Written by: VeronicaDR, 10 Sep 2012 6:16 PM
From: United States
Until we fix the corruption problems anyone with the right connections can have papers made to show anyone owns any piece of land they want. Then hey can take it from you. The more valuable your land the more likely you are to be fleeced for money.

My family owns one small piece of land in Santiago and family members live there and are present round the clock. We have sold everything else because it is just not worth owning anything here unless a family member who has decent government connections lives in it every day.

Foreign investors have learned the hard way.
Written by: Mart1n, 10 Sep 2012 6:20 PM
From: Dominican Republic, North coast
If the cement company wants to sell lots of cement. Why don't they lower the price that will stimulate the economy
Written by: Mart1n, 10 Sep 2012 6:21 PM
From: Dominican Republic, North coast
If the cement company wants to sell lots of cement. Why don't they lower the price that will stimulate the economy
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