In order to manage the financing required by the tourism development project of flints A letter of intent was signed with the escrow Public Pro flintsthrough the Central American Bank for Economic Integration (CABEI) and the Fiduciary Reserves.
The information was released through a press release detailing that the president of the CABEIDante Mossi, visited the area of Cabo Rojo, in that province, and had previously signed his commitment.
Through that deal will be managed with their own funds and through multilateral organizations financing required by the Tourism Development Project that is being executed in this province.
As reported, the visit to Cabo Rojo was guided by the executive director of the General Directorate of Public-Private Partnerships (DGAPP), Sigmund Freund, who showed Mossi and the entourage that accompanied him the tourist attractions in the area, the advances in the infrastructure works, the land where the hotels will be built and where the international airport of flints.
They accompanied Mossi, the country director of the CABEIHostos Rizik, the chief country officer for the Dominican Republic, Manuel Ogando, and the institutional relations advisor, Salvador Sacasa, who, according to the press release, were impressed by the natural beauty of the south coast and especially the Cabo Rojo coastline.
Prior to the visit to Cabo Rojo, the president of the CABEI signed a letter of intent with the Escrow Pro-flintsrepresented by its fiduciary manager, the general manager of Fiduciary Reserves, Andrés Van Der Horst, in the presence of the executive director of the DGAPP, Sigmund Freund; of the manager of the Non-Sovereign Public Sector of the CABEI, Carlos Gomez; and the country director of CABEIHostos Rizik.
Mossi expressed: “We are proud to once again support this government initiative”, and pointed out that the President of the Republic, Luis Abinader, has told him that the development “not only of tourism, but of the entire the southern region of the country.
He added: “We are going to work very hard to get the financing what is needed; the Central American Bank for Economic Integration is going to put part of this financing and we are going to encourage other organizations to support us”.
At the conclusion of the signing of the letter of intent, the executive director of the DGAPP, Sigmund Freund, stated that this commitment shown by the CABEI and affirmed that it sends the message that this project is maturing, since the component of the financing It is vital for tourism development.
Freund stressed that it is very relevant that the management of the financing international for the project flints comes from the hand of an institution such as the CABEIwhat he said sends a message of confidence to capital investors and shows them its viability.
While Van Der Horst expressed his satisfaction with this commitment shown by the CABEI and highlighted that flints will be the emblem of this administration of government and of what a escrow and a fiduciary not only in the Dominican Republic but worldwide.
“We are signing with great faith and great hope that this will be the most emblematic project that a escrow public throughout Latin America,” he assured.
