CABEI approves cooperation for feasibility and design studies for Port Haina in the Dominican Republic

Santo Domingo, June 23, 2021.- The Central American Bank for Economic Integration (CABEI) approved technical cooperation in the amount of US$1.6 million to finance technical and financial feasibility studies for the integral development of Port Haina in the Dominican Republic. 

These resources will be used to develop the project's conceptual framework, including prefeasibility studies for the drainage of the ravines, construction of storm drainage, expansion of the clean water distribution system, construction of the sanitary sewerage system, road infrastructure improvements, and integrated solid waste management. 

CABEI Executive President, Dr. Dante Mossi highlighted ''this first stage of the project will increase the municipality of Haina's competitiveness, considered one of the country's main economic engines, and will also improve the surrounding areas' social conditions, and therefore the quality of life of its inhabitants."

The studies will be carried out over a period of 21 months from the start of the consultancy and three disbursements are expected to be made.  This contingent recovery technical cooperation will be executed by the Dominican Port Authority and is in line with CABEI's Institutional Strategy, promoting Human Development and Social Inclusion in order to enhance the region's inhabitants' sustainable wellbeing.