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Pedernales-Cabo Rojo: Touristic development - hotels and restaurants construction

Sector: Government • Location: Pedernales, Dominican Republic

Source: United Nations Industrial Development Organization (UNIDO)

Project

Touristic development & Development of areas for business premises. The Dominican Government opens its doors to the private sector and invites them to pay attention to the Pedernales Province to invest in the "Cabo Rojo: Pedernales Tourism Development" project, to be executed under the Public-Private Partnerships model, which seeks to convert said province and surrounding areas in a leading world

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Project Information

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The project “Pedernales-Cabo Rojo: Touristic development - hotels and restaurants construction” is an infrastructure initiative in the Government sector, located in Pedernales, Dominican Republic. Taiyo aggregates data on it from United Nations Industrial Development Organization (UNIDO).

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Description

Description

Touristic development & Development of areas for business premises. The Dominican Government opens its doors to the private sector and invites them to pay attention to the Pedernales Province to invest in the "Cabo Rojo: Pedernales Tourism Development" project, to be executed under the Public-Private Partnerships model, which seeks to convert said province and surrounding areas in a leading world destination in conservation tourism and a model of sustainable development throughout the Caribbean Region and Central America. To support the initiative, public trust has been structured: Pro-Pedernales. The trust will be in charge of carrying out the necessary technical studies for the execution of the service infrastructures (roads, water, energy, and waste management, among others) and will be in charge of initiating the execution of the complementary service infrastructure works necessary for the development of the area. Once these objectives have been achieved, the PPP Trust corresponding to the aforementioned project will be structured in accordance with the provisions of Law 47-20 on Public-Private Partnerships. The region has abundant and beautiful natural resources, which place it in a privileged position for its development as a tourist destination in the Dominican Republic. White sand beaches, protected areas, and diverse geography for the development of luxury tourism activities and also adventure tourism, facilities, and entertainment. With a high social and economic impact that is projected for 10 years, in four (4) construction phases, with more than 12 thousand rooms. The process will be opened when published the Terms of Reference and biding process for participation and receiving tellers of interest for the construction and management of the tourism industry, hotels, and restaurants.The total estimated investment amount is 2,560 MM USD (as a complete project).

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High

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100%

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