Lost Password? Register

Property news by Property Wire

Wed
Nov 19th
2008
Home arrow News arrow South America arrow Sand brought in to improve Caribbean beaches

Sand brought in to improve Caribbean beaches

Tuesday, 22 July 2008
New sand for Dominican Republic
New sand for Dominican Republic

The Dominican Republic is spending $25 million dollars improving its beaches to make them more attractive to visitors.

It is part of a wider plan to boost tourism as officials are worried that cuts in flights from the US and other problems such as the recent power cuts could seriously hit the number of people interested in investing in the country, the second largest island in the Caribbean.

Seven beaches will be spruced up. The project includes bringing in 1.4 million cubic metres of sand and demolishing buildings judged to be damaging the coastal environment.

The project which gets underway later this year will focus on Caleta de La Romana, Palenque and Najayo de San Cristóbal, San Rafael and El Quemaito de Barahona, Juan Bolaños and Costa Verde de Montecristi.

'We want to guarantee excellent conditions and develop our tourism industry further,' said a spokesman for the Tourism Ministry. Other improvements are also under consideration. The construction of a cable car to Jarabacoa and Santiago is one major project being examined.

The spokesman pointed out that there are a large number of new developments including golf courses and spas underway with investment from a number of countries including Mexico and the US.

It is vital for the country to maintain growing tourism levels in order to attract further investment as numbers push up rental yields.


BOOKMARK THIS PAGE (What is this?)     Digg!Reddit!Del.icio.us!Google!Live!Facebook!StumbleUpon!Newsvine!Furl!Yahoo!

 
Related News
More Recent News
Earlier News
Reach your target market - Advertise with us

South America: Top Headline

Tiger Woods to design his first ocean front course for luxury Mexican projectTiger Woods to design his first ocean front course for luxury Mexican project

Champion golfer Tiger Woods is to design his first oceanfront course for a new property development in Mexico.

Recent South American news

Feature story

Superstar property investment markets only have themselves to blame

When Hungary turned to the International Monetary Fund for help last month the move marked a seismic change in the fortunes of central and east European countries whose economies had been booming.

From the Baltic to Turkey property markets were thriving. Before the credit crunch countries like Bulgaria, Latvia, Turkey, Romania and others were seen as superstars where investors could get in early and get out quick with some nice profits.

Company news

Talent shortage threatens growth of regional strata management

The strata management industry in the GCC is facing a shortage of talent at the same time it is being fast integrated into the region's real estate sector says Peter Crogan, Chief Executive Officer, BCS-Strata Management Services.

Forum Watch

Correction or Crash? Middle East jitters hit the property forums

With some alarming property price falls in Dubai and jobs cuts now being announced across the real estate sector it is no wonder that the situation in the Middle East is being actively discussed on the property forums this week.

Currency watch

Dollar remains strong

The US Dollar remained strong despite housing market index falling to its lowest level. PPI in October also fell 2.8% mainly due to lower energy prices.

Newsletter

Subscribe to our weekly newsletter and stay updated on the property market trends.
Subscribe now >>

Subscribe to our South American property and real estate news feed (RSS)
Luxury sea villas and apartments in Dominican