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 supports initiative to restore hearing to Dominican children with US$1 million
Second day of cochlear implants for infants is led by the first lady, Raquel Arbaje
Santo Domingo, November 28th, 2023. In line with its Human Development and Social Inclusion strategic axes, the Central American Bank for Economic Integration (CABEI) joined the efforts of the Dominican Republic's Cabinet for Children and Adolescents, presided over by the First Lady, Raquel Arbaje, to grant a non-reimbursable financial cooperation of US$1 million to carry out the second day of cochlear implants for infants with hearing impairment.
The program is implemented by the Ministry of Public Health, the National Health Service (SNS), and the National Health Insurance (SENASA), and will contribute significantly to the well-being and development of Dominican children by improving their hearing, reducing school dropout rates and facilitating their development from an early age.
The commitment of the First Lady, Raquel Arbaje, to children and one of the most vulnerable populations in Dominican society has been fundamental for the successful implementation of this program, who led the request for this financial cooperation.
Hostos Rizik, Executive Director for the Dominican Republic at CABEI, said, "We are pleased to support initiatives that have a direct impact on the social development of the country and the well-being of its people, especially our new generations. Today, together, we are planting the seeds of a future full of hope and opportunities for our children.
The first day of cochlear implants for hearing-impaired children benefited 15 children with the internal implant that facilitates their hearing.