410 public investment projects were approved

This requires a disbursement of 239,838.3 million pesos, the largest in the last five years, and is concentrated mainly in housing and community services, health and transportation plans.

The donation ceremony was held in the Antonio Vargas Meeting Room of the Ministry of Economy, Planning and Development, headed by the Minister of Economy, Planning and Development, Miguel Ceara Hatton; also in attendance were the president of Barrick Pueblo Viejo and executive director for Barrick Dominican Republic, Juana Barceló; Hemil Abreu and Vielka Guzmán, government affairs and communications executives of the company, respectively. Also, the vice minister of International Cooperation, Olaya Dotel; the director of Bilateral Cooperation, Francisco Rojas Castillo; and the vice minister of Public Health, José Antonio Matos.

A total of 410 public investment projects were approved between January and October, an increase of 85.5% over the same period last year, according to the Ministry of Economy, Planning and Development.

The DATOSNIP report, prepared by the General Directorate of Public Investment and released Wednesday, specifies that in October eleven projects received the go-ahead for a total value of 1,566.2 million pesos, which raised the accumulated annual total to 239,838.3 million pesos, the highest in the last five years.Miguel Ceara Hatton

Of the plans approved between January and October, 64.6% corresponded to the central government (265) and the rest to municipal governments and companies.

The highest cost fell on central executive initiatives, for a total of 220,325.2 million pesos, which represents 91.9% of the total approved in January-October.

By sectors, 36.4% of the projects approved in October corresponded to housing and community services (4 initiatives), particularly community development (3).

According to the study, the largest amount approved corresponds to air, water and soil protection with 1,041.8 million pesos (66.5 % of the amount approved in October) and will be allocated to wastewater, drainage and sewerage.

For the January-October period, most of the plans are related to housing and community services, followed by health and transportation.

Learn More: ECONOMY

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