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Santo Domingo. -A Chinese state-owned company stated to president Danilo Medina its interest in setting up shop in the Dominican Republic and take part in building infrastructure projects, including a dam at Madrigal, on the Haina river.

China Railway Group Limited, Asia’s largest construction company and the world’s second biggest, even offered the government as much as 85% financing for the dam, but no reports of a response have surfaced thus far.

Brazil’s Andrade Gutierrez and Odebrecht are currently the main foreign construction companies doing major works such as dams, tunnels, subways and highways.

Railway Group participated in the construction of the Three Gorges Dam on China’s Yangtze River in, the world’s biggest hydroelectric,.

No diplomatic ties

Dominican Republic and China have yet to forge diplomatic ties on the continuing relations with Taiwan, which has been a close collaborator during the last two decades.

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COMMENTS
6 comment(s)
Written by: danny00, 21 Jun 2013 10:29 AM
From: United States, Old Westbury Long Island
China has been investing all though Latin America and though out the world..... It seems to me they are passing over the Dominican Republic. All the hype from the Dr. Govt. That china is coming. We will see!
Written by: walnut, 21 Jun 2013 12:00 PM
From: Dominican Republic, La Romana
Chinese strategic policy is to finance and develop projects throughout the world; specifically, they love to be anywhere that there are natural resources.
I would think any infusion of outside capital and technical construction capabilities would greatly improve life.
Granted, this country surrenders its own opportunities in favor of a foreign interest.

And while the Chinese are building dams, let them build a power grid that functions.
Written by: CarlosFranco, 21 Jun 2013 1:53 PM
From: United States, Brooklyn

take the offer dummy
Written by: juanb, 21 Jun 2013 3:42 PM
From: Dominican Republic

He won't take the offer if there is not enough for him and his cronies involved.
Written by: josearias, 23 Jun 2013 3:48 PM
From: United States
not chinise please on less you the goberment chek all the materials by a 3er patty .....
Written by: GringoRandy, 24 Jun 2013 2:52 PM
From: Dominican Republic, Santiago
Both the Chinese and especially the Taiwanese governments have been catering to the DR. The government continues to play one side against the other, since neither will accept inclusive diplomatic relations by the DR with both governments. At the end of the day, it will come down to which country offers the largest payout.
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