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WASHINGTON.- The Inter-American Development Bank (IDB) announced on Friday a US$30 million loan for the Dominican Republic to promote tourism in Santo Domingo’s Colonial Zone.

The funds will promote and restore the Colonial City, declared Patrimony of Humanity by UNESCO, to offer it as tourist destination, in a country better known for its beaches.

“The program contemplates the tourist development of the Colonial City with an integral vision to assure not only quantitative growth, but mainly qualitative, and in an ordinate and sustainable manner,” said IDB project manager Mercedes Velasco in a statement.

The IDB said tourism is one of the Dominican economy’s top pillars, a sector which in 2009 generated 6.3% of the GDP and 64% of hard currencies (US$4.1 billion), employed 200,000 people and attracted 9% of the direct foreign investment.

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COMMENTS
8 comment(s)
Written by: Ricardolito, 7 Oct 2011 2:16 PM
From: Dominican Republic, vieja Santo Domingo
It is only a fraction of what is needed in this long neglected treasure . here is a list of a few needs..
Power lines put underground .. Incentives for people to restore houses ....at least one more large public car park like that in Jose Reyes or underground....wide shade trees at close intervals along Conde so it can be a walking street with many cafes and restayrants and people can sit and eat in the shade . ...a police force that works at night and not just in the day hours ...rubbish bins at corners ...maybe convert Calle Mella as a walking street with outlet shops and the current la Sirena and repair shops ,and have all the gua guas in Ave mexico ..that will mean that Zona Colonial can be from Ave mexico to el malecon ,..
If this was done I believe that Zona Colonial would be a grest tourist destination but it needs much more than $30 million
Written by: ColonialZone, 7 Oct 2011 4:46 PM
From: Dominican Republic
This is funny to read. How much money has the Colonial Zone received and not one penny has gone to anything other than some cheap trinkets. They use the Zone to get money, but it only goes in the pockets of the political crooks. They do not want the Zone fixed, because this is the vehicle, the hustle to con for money.
Written by: Vivacuba, 7 Oct 2011 8:53 PM
From: Dominican Republic
Enslavement. hand over the country just like greece to the criminal banksters
Written by: RonEvane, 8 Oct 2011 6:54 AM
From: United States, Gaithersburg, Maryland

@ Ricardolito.

Great suggestions! Also, close off vehicular traffic across from Conde to plaza Independencia.
Chase away the tigueres and prohibit soliciting and harassment of tourists.
There are other streets that should also be turned into pedestrian malls.
hopefully some of that $$ can be use for some old house renovation.
Written by: zooma, 8 Oct 2011 7:47 AM
From: United States

What should be done is for the IDB to establish its own operations facility and staff in country to oversee the distribution and use of the funds. This would suggest to keep it out of the hands of less than civic minded government administrators who would siphon off portions of the fund for their own agendas. The IDB direct management of the funds would insure the investment is served where it is supposed to serve.
Written by: gmiller261, 8 Oct 2011 8:17 AM
From: United States


The only way it would work is that the Dominican entitlement brigade do not have access to the money.

Written by: ColonialZone, 8 Oct 2011 12:19 PM
From: Dominican Republic
I heard Colonel Sosa of Politur, in the Colonial Zone has been move to a new location, 3 hours away. I guess they want him to quit. Can anyone confirm this? He is one of the big crooks of the Colonial Zone. Everyone should write their experiences of what they know he has done, just so we all can share our stories. He was shaking all the businesses down for money in the Colonial Zone and the tourist. He is a very disrespectful man that should never have been allowed to be around the tourist, never mind the so called protecting them. The tourist need to be protected from him.
Written by: Matthew, 8 Oct 2011 2:35 PM
From: Dominican Republic
If tourism is one of the top pillars why do they want a loan...I would think that one of your top industries would be self sustaining, even more so in an established location. Whoever loans them money for an industry that makes $10 a tourist card , taxes everything touristic, ect.ect..ect...needs to move to th D.R. and watch where the $$ go.....Smells like fish.
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