Road loan for Dominican Republic

A US$130 million loan will help finance the Viadom road network in the Dominican Republic.
March 16, 2012
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New road links in the Dominican Republic will help boost the country's economy with many dirt roads being paved - image courtest of Lori Newman

RSSA US$130 million loan will help finance the Viadom road network in the Dominican Republic.

The loan is being provided by the Inter-American Development Bank (IADB), which has given its approval for the deal. The Viadom road project includes upgrades and improvements to some 199km of roads in the Dominican Republic with loan intended to finance the necessary construction, operation and maintenance work required. In addition an additional 68km of new roads will be built under the Viadom plan. The project is being handled by Dominicana de Vias Concesionadas