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Santo Domingo.- The company Sans Soucí Tourism Real Estate Investments (ITSS) awaits the transfer of the Naval Base 27 de Febrero to Boca Chica to begin at once begin the construction  tourist projects in the zone, at a cost of more than US$1.0 billion.

ITSS president Lisandro Macarrulla said just his company will invest up to US$220 million, of which US$55 million were spent to rebuild the Sans Soucí Port. “The (Santo Domingo) province, from a public area which is a bit run down, is going to have a renewed place and the improved viability of Barceló and España avenues."

Macarrulla and Santo Domingo East mayor Juan de los Santos broke ground yesterday to refurbish the Monument to the Cane at a cost of RD$7 million.

The sugar producer Grupo Vicini is among the top stakeholders in the ambitious development project for Santo Domingo harbor.

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COMMENTS
9 comment(s)
Written by: CarlosFranco, 4 Nov 2009 12:08 PM
From: United States, Brooklyn

Josean, you think El Metro will take riders to the Sans Souci Port ?
Written by: juanb, 4 Nov 2009 12:26 PM
From: Dominican Republic
At once? Nothing good happens here at once. There are bribes to be paid and pockets to be filled.
Written by: josean, 4 Nov 2009 12:26 PM
From: United States
"Grupo Vicini"

The money and opportunites circulate among the same little group over and over!
Written by: Blutarsky This user is banned, 4 Nov 2009 12:57 PM
From: Dominican Republic, No Spin Zone
josean whines out the victim card from the bottom of his slimy deck
Written by: josean, 4 Nov 2009 1:23 PM
From: United States
You are so consistent!
Written by: Sajomero, 4 Nov 2009 3:20 PM
From: United States, Del primer Santiago de America....y el mejor!!!
This project is already showing many good things for that area of Santo Domingo. The new terminal is quite impressive with modern architecture and accomondations. It also had a very busy season last year. The group also remodeled the Juan Baron Plaza wich gave that area quite a face lift. This area has been long forgotten by DR business people and only now do they see the many possibilities for development.
Written by: glomarexplorer, 4 Nov 2009 11:01 PM
From: United States, Fresh Water Paradise-NY Finger Lakes
A $1000, 000, 000 US? What will be return on investment? What will be payback? Did these people overindulge on Brugal? This is good for DR, but what's really in it for investors: 1% return on investment? And, who knows, we could have a guy like Chavez assume power and then everything would be nationalized and they would lose everything! Are these people just laundering money? Or are they just crazy?
Written by: Blutarsky This user is banned, 4 Nov 2009 11:53 PM
From: Dominican Republic, No Spin Zone
glomy the Vicini Group are in this for the long long haul they are the most important part of the puzzle for the Colonial Zone .......their decisions will affect the coming centuries......so far so good
Written by: Trujillo, 8 Nov 2009 11:19 AM
From: Dominican Republic
The Vicini Group is a dominican group with the money and the vision. I don't know if you've noticed glomaexplorer, but tourism is a very profitable business in the DR. Besides the cruise terminal, this project will include a marina with up to 400 -450 slips and a yatch club, luxury hotels, etc. I'm glad there are dominicans thinking big, Sans Souci port and Cap Cana are 2 examples.
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