Panorama Lake real estate project in Punta Cana will generate 1,000 direct jobs

President Luis Abinader accompanied this Wednesday the investors of Grupo Sención at the groundbreaking ceremony for the construction of the Panorama Lake tourist complex, which will allow the economic dynamization of the area.

The project, located in the city of Bávaro, projects an investment of 102 million dollars, and contemplates, according to its promoters, a diversity of offers that includes 1,200 residential units and the generation of 1,000 direct jobs and 5,000 indirect jobs.

The president was received by the presidents of the Martinon Group, Enrique Martinon; of ALG Vacations, Ray Snisky and of Grumasa RD, Artur Cabre; by the regional vice presidents of AMR RD, Bob Thye and Daniel Hernandez and the regional commercial director, Luis Núñez.

The head of state affirmed that this project is evidence of the necessary cooperation between the public and private sectors, of which the government is a fervent supporter, due to the great benefits it brings to the economic growth and development of the country.

He ratified that the Dominican Republic is advancing along the path of social development and economic growth, important to overcome at good speed the obstacles that the COVID-19 health crisis has generated around the world.

He maintained that this can only be achieved with the dynamization of the economy, state support to important sectors such as construction and tourism, as well as the protection of private investment.

President Abinader announced that in March the Dominican economy had a growth of 10.6%, which means a recovery of the lost ground, and predicted that it will continue to increase.

On his side, the Minister of Tourism, David Collado, said that this construction demonstrates the confidence that investors have in the country and in President Abinader.

He announced that for this month, the Dominican Republic plans to reach 300,000 tourists.

Meanwhile, Guillermo Sención Suarez, executive partner of Grupo Sención, expressed his commitment to the development of the country through his companies, offering innovative and quality products and services, as well as creating jobs and employment.

Present at the ceremony were the Administrative Minister of the Presidency, José Ignacio Paliza and the Minister of Public Works, Deligne Ascención; the General Director of Customs, Eduardo Sanz Lovatón; the Administrator of Banco de Reservas, Samuel Pereyra and the Director of the National Housing Institute, Carlos Bonilla.

Also present were the governor of La Altagracia, Martina Pepén; Senator Virgilio Cedano; the trustee of Higüey, Rafael Duluc and Salomón Cohen, partner of the Panorama Lake project, among other personalities.



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