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"Electric highway" construction begun.


Construction has begun on the "electric highway" between Santo Domingo Santo Domingo, pueblo, United States
Santo Domingo (sän'tə dəmĭng`gō), pueblo (1990 pop. 2,866), Sandoval co., N central N.Mex., on the Rio Grande; founded c.1700 after earlier pueblos were destroyed by floods.
 and Santiago, reports Diario Libre (July 18, 2006). This is a RD$5 billion project by the Dominican Corp. of ion of State-Owned Electric Companies (CDEEE). President Leonel Fernandez was to break ground for the project, which will be built over two years with EUR EUR

In currencies, this is the abbreviation for the Euro.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
124 million financing from three international banks. The transmission line, planned over 10 years ago, will be built by a consortium formed by Elecnor from Spain and Siemens from Germany. Expectations are high in the Cibao, since the project opens doors to new investment and contributes to sustainable development Sustainable development is a socio-ecological process characterized by the fulfilment of human needs while maintaining the quality of the natural environment indefinitely. The linkage between environment and development was globally recognized in 1980, when the International Union  in the area, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 businesspeople.
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Title Annotation:Construction contracts
Publication:Caribbean Update
Article Type:Brief article
Geographic Code:1USA
Date:Sep 1, 2006
Words:109
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