Today: December 14, 2025
December 14, 2025
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New Market modernization project advances

New Market modernization project advances

He Government and the Mayor of the National District they work in a census which will serve as a basis for designing the plan development of the New Market from Duarte Avenue.

The uprising, which already surpasses 50% progress, includes a comprehensive registry of merchants and supply center spaces, and will conclude on December 19. According to the authorities, these data support the technical and social part of the project to transform the country’s main agricultural market.

The works are in charge of the Trust for the Modernization of the Food Markets of Santo Domingo (Fimerca). The entity explained that its nature is strictly public, with the objective of guaranteeing transparency, state control and sustainability in the market modernization process.

The institution clarified that the fiduciary model implemented does not transfer ownership or management to private parties, and noted that the assets maintain their public nature and that administration is governed by strict controls.

  • The entity clarified that the trust does not constitute a private mechanism, but rather a fiduciary instrument of the Dominican State designed to strengthen the administration of resources generated by the market, ensure their reinvestment and establish clear rules subject to institutional supervision.

Principles of the process

Fimerca He explained that the properties and assets continue under the ownership of the Mayor’s Office of the National District. Likewise, he explained that all financial decisions are handled with criteria of transparency and traceability, and that income will operate in trust accounts from the market itself, without intervention by individuals.

The trust indicated that this design avoids discretion and ensures that resources are reinvested in strengthening the market and improving conditions for traders.

The executive director of Fimerca, Nelson Camilostated that the process differs from previous initiatives by being based on a public modeltransparent and institutionally armored, designed to ensure continuity and sustainable results.

Camilo stressed that the integral trust to the Government central, the Mayor’s Office of the National District and merchants as fundamental actors of the project.

Graduate in Social Communication from the Dominican University O&M. He has practiced journalism since 1988 on radio, television and newspapers.

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