Summary of operations
Road Infrastructure: Financing for 148 kilometers of highways.
Energy: Financing for the generation of 80 megawatts of clean renewable energy.
Agro Sector: US$ 60 million for the strengthening of the agricultural sector with a sustainable technological approach.
A 228% increase in the amount estimated in the 2021-2026 country strategy, reaching US$ 1.8 billion. In the previous five-year period the disbursement amounted US$ 533.9 million.
PROJECTS
Coral Highway Project
It consisted of the construction of a 70-kilometer-long, 4-lane highway, for which financing of US$70.0 million was allocated.
Improvement and Expansion of the Eastern Road Corridor for road sections
San Pedro de Macorís-La Romana Section, La Romana Beltway Section and Eastern Tourist Boulevard Section, totaling 78 kilometers in length and representing the best road infrastructure in the country.
Palomino Hydroelectric Project
With a clean and renewable energy generation capacity of 80 megawatts, it is located in the Province of San Juan. For its execution, the Bank allocated financing for a total amount of US$ 130.0 million
Construction of a 50-kilometer gas pipeline in San Pedro de Macorís
Loan in favor of AES Dominicana for a total amount of US$54.00 million.
Montegrande Multipurpose Dam Project Phase III
With current financing of US$249.6 million
CABEI Executive President receives recognition from the Mayor's Office of the National District of Santo Domingo in Dominican Republic
Santo Domingo, August 9, 2021. – This Monday, the Mayor's Office of the National District of Santo Domingo in the Dominican Republic recognized the executive president of the Central American Bank for Economic Integration (CABEI), Dr. Dante Mossi, for his management and support for the social and economic development of Dominicans.
The award was presented by the Mayor of the National District, Carolina Mejía, at the Palacio Consistorial in the colonial zone, where Dr. Mossi expressed his gratitude for the hospitality received. "Since 2007, CABEI has maintained a fruitful relationship with the Government in order to harvest more support initiatives for the benefit of Dominicans, which is why last year we opened our representative office with the objective of attending directly and quickly to the needs of our partner country."
The event was attended by the directors of the Dominican Republic, the Republic of Korea and El Salvador at CABEI; Hostos Rizik, Dongjoon Kim and Luis Rodríguez respectively, as well as the country chief officer, Manuel Ogando, and the Bank's legal advisor Julio Martínez.
Mossi took the opportunity to highlight the efforts of CABEI's collaborators in the Dominican Republic and the leadership of Director Rizik, who was appointed last year. Under his leadership, important initiatives have been carried out to benefit the health sector, such as the recent non-reimbursable financial cooperation of US$1 million to the Dominican government for the acquisition of medical equipment for the detection and treatment of childhood cancer.
