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
More than 30,000 Dominicans will benefit from new diagnostic equipment at the Ralma Municipal Medical Center acquired with CABEI backing
A US$9,910 grant from the multilateral will help improve the quality and care of medical services in Santo Domingo.
Santo Domingo, October 25th, 2022.- In order to improve medical care for more than 30,000 patients at the Ralma Municipal Medical Center in Santo Domingo and surrounding communities, as well as to optimize hygiene processes in compliance with the highest quality standards, the Central American Bank for Economic Integration (CABEI) approved a non-reimbursable cooperation grant of US$9,910.
The donation, which will be formalized with the Ralma Municipal Medical Center, will be used to purchase diagnostic equipment, furniture and appliances to strengthen areas such as gynecology, pharmacy, among others.
"It fills us with satisfaction to know that we are contributing to the strengthening of health systems in the countries of the region, since quality service undoubtedly has an impact on their quality of life as a fundamental right. We are certain that this assistance will contribute to providing the care demanded by Dominicans in an expeditious and timely manner," said CABEI Executive President, Dr. Dante Mossi.
CABEI has historically supported important initiatives in the health sector in the region, and its support in the care and mitigation of the pandemic was crucial for its member countries in structuring the Emergency Support and Preparedness Program for COVID-19, reiterating its commitment to the well-being of the population by safeguarding their health.
This initiative is part of CABEI's Corporate Social and Environmental Responsibility System (SASC), which seeks to address the challenges and opportunities that benefit people in the region.
