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 donates vehicles to strengthen prevention activities of the Ministry of Public Health in the Dominican Republic
Santo Domingo, November 2023. In support of the Capacity Building Project of the Ministry of Public Health and Social Assistance (MISPAS) of the Dominican Republic, the Central American Bank for Economic Integration (CABEI) formally delivered 7 motorcycles and 2 vans, with a value of US$65,500.00 equivalent to RD$3,669,206.97, which will support actions to prevent diseases that have an impact in the country.
This non-reimbursable technical cooperation seeks to strengthen MISPAS' capacities through the distribution of sanitary products to the country's provinces, as well as the capacity to monitor vaccination points at the national level and their daily work, which sometimes involves travel to places that are difficult to access.
CABEI Executive Director for the Dominican Republic, Hostos Rizik, said, ''We are proud to be able to contribute to improving the living conditions of Dominicans and to support the strengthening of our public institutions' capacity to provide services.”
The Central American Bank for Economic Integration (CABEI) is committed to supporting the channeling of resources for capacity building in the health sector and promoting regional interrelationship mechanisms.