TOURISM II
Sector: Seaport • Location: Dominican Republic
Source: World Bank Group
The Second Tourism Project includes four components: (a) a line of credit for the construction of tourism facilities of about 1,600 rooms, of which about 1,200 will be in Playa Dorada, 300 in Playa Grande and 100 in the City of Puerto Plata, and for tourism services such as restaurants, shops, tourism transport, and a 30 - boat marina; (b) urban works in Puerto Plata; (c) a handicrafts center wher
- Status
- Closed
- Sector
- Seaport, Hotel, Government
- Location
- Dominican Republic
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | closed |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Second Tourism Project includes four components: (a) a line of credit for the construction of tourism facilities of about 1,600 rooms, of which about 1,200 will be in Playa Dorada, 300 in Playa Grande and 100 in the City of Puerto Plata, and for tourism services such as restaurants, shops, tourism transport, and a 30 - boat marina; (b) urban works in Puerto Plata; (c) a handicrafts center where about 50 artisans will be trained each year; (d) a total of about 132 man-months of technical assistance to DNTI for sectoral planning and economic evaluation of projects, and to INFRATUR for land development, hotel construction and equipment. In addition, the project provides for three instructors for two years for the handicraft center. A major increase in operating costs, unmatched by revenue increases, is the principal project risk. This, however, will imply an unlikely decline in hotel operating efficiency. |
Original sector | (Historic)Urban Development |
Location
Country | Dominican Republic |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Seaport, Hotel, Government |
Article published date | 2025-12-17 |
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