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Article: RECONSTRUCTION EFFORTS.
- Article from:
- Caribbean Update
- Article date:
- November 1, 1998
CopyrightCOPYRIGHT 1998 Caribbean Update, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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On September 22 the Dominican Republic sustained extensive damage during Hurricane Georges. This October 2 report from the American Embassy-Santo Domingo provides an overview of the reconstruction efforts and the opportunities available for U.S. (and other) firms. On September 28, President Leonel Fernandez announced a reconstruction package including the following: Reestablishment of power and water: It is estimated that an investment of over US$250 million is required to repair the damages to the electric power company, CDE. Transmission and distribution lines were badly damaged and equipment and products in these areas are required, such as transformers, ...
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