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T<\/SPAN>he Secretary of State for Tourism (SECTUR) projects that it will invest as much as $8 billion US dollars over the next five years (2008-2012) in tourism promotion projects. This year alone tourism projects will exceed $1.5 billion US dollars (nearly RD$51billion), according to F\u00e9lix Jim\u00e9nez, Minister of Tourism. <\/P> Jim\u00e9nez said these numbers, a result of government confidence in the tourism sector, rely to a substantial degree on the continued stability of the country\u2019s economy, according to a SECTUR press release. In an interview on the morning news program Revista 110, Mr. Jim\u00e9nez explained that large infrastructure projects planned for the upcoming five years will take place in the country\u2019s main tourism areas such as the Punta Cana-Miches-Sabana de la Mar highway which will start in the next two months and will promote development in the province of El Seybo. \u201cPuerto Plata, Saman\u00e1, R\u00edo San Juan, La Romana, Barahona, Montecristi and San Crist\u00f3bal will also benefit from these initiatives. One, an Urban Renewable Process in the Tourism Zones, will begin April 14 when President Leonel Fern\u00e1ndez inaugurates Liberation Town that will house residents from the El Tabl\u00f3n neighborhood,\u201d said the tourism minister. Jim\u00e9nez added that \u201cthese upcoming four years will see a regeneration process of new beaches in Montecristi, Romana, Barahona, and Najayo and Palenque (in San Crist\u00f3bal, SC) as well as a new mountain highway,\u201d that will run between Monci\u00f3n\u2013J\u00e1nico-Jarabacoa-Constanza-Ocoa. The minister cited two more examples of work to begin this year and 2009 which include, respectively, the remodeling of the port in Puerto Plata and construction of a 4-lane Puerto Plata-Navarrete highway, adding that the construction bids have just been opened. He also mentioned that the successful publicity campaign carried out by SECTUR abroad has been effective and recognized by important publication as well as foreign investors who have invested an average of $23 million US dollars in the past three years. Jim\u00e9nez pointed out that more than 45% of the hotel rooms in operation today in the Dominican Republic were built between 1996-2000 and 2004-2008, during the administration of President Leonel Fern\u00e1ndez. Last year alone, private investment in tourism projects exceeded $1.42 billion US dollars and in 2006 $1 billion US dollars. <\/P><\/TD><\/TR> 8 Billion US Dollars to be Invested in Tourism Over Next Five Years The Secretary of State for Tourism (SECTUR) projects that it will invest as much as $8 billion US dollars over the next five years (2008-2012) in tourism promotion projects. This year alone tourism projects will exceed $1.5 billion US dollars (nearly RD$51billion), … Continue reading “8 Billion US Dollars to be Invested in Tourism Over Next Five Years”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-2066","post","type-post","status-publish","format-standard","hentry","category-noticias"],"_links":{"self":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/posts\/2066"}],"collection":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/comments?post=2066"}],"version-history":[{"count":0,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/posts\/2066\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/media?parent=2066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/categories?post=2066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/tags?post=2066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nDate of Publication: March, 26 2008<\/TD><\/TR><\/TBODY><\/TABLE><\/p>","protected":false},"excerpt":{"rendered":"