34 more public investment projects approved in July

The Ministry of Economy, Planning and Development reports that in July 2022, 34 public investment projects were approved, for a cumulative total of 308 projects in the January-July period, registering a growth of 90.1% compared to the same period of the previous year.

The total cost of the projects approved in July was RD$21,606 million, for an accumulated cost of the year of RD$132,931 million, the highest in the last five years, highlights the report “Public Investment in Data (DatoSNIP)” corresponding to July 2022.

The publication of the General Directorate of Public Investment, prepared based on information from the National Public Investment System (SNIP), indicates that 63.3% of the projects approved in January-July correspond to the central government (195 projects), followed by the municipal governments (56 projects) and companies (50 projects), which were approved by 18.2% and 16.2%, respectively.

The document indicates that the highest cost is for the central government projects, amounting to RD$117,631.5 million (88.5% of the total approved in January-July).

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