Dominican Republic launches major housing and infrastructure projects

affordable housing Las Acacias III Cotuí resettlement Barrick Pueblo Viejo Dominican Republic

The Dominican Republic has launched several major housing and infrastructure initiatives. In Santo Domingo Este, the second phase of the Las Acacias III residential project has begun construction. This development will add 400 units, including duplexes and apartments, with a total investment of approximately RD$1,152 million. The project is supported by the Ministry of Housing and Buildings (MIVED), Banco de Reservas, and Fiduciaria Reservas, utilizing over RD$500 million in state subsidies to provide affordable options for low- and middle-income families.

In Cotuí, the Ministry of Energy and Mines has commenced construction of 63 new homes under the Nuevos Horizontes project. This initiative is part of a large-scale resettlement agreement involving the government, Barrick Pueblo Viejo, and local communities to improve living conditions for families near mining operations. The project benefits several sectors, including El Rayo and El Naranjo, and is described by community representatives as a significant global example of resettlement through dialogue.

Additionally, the Santiago Water and Sewerage Corporation (Coraasan) is overseeing a RD$9,000 million expansion of the Cibao Central Aqueduct. This project aims to increase water capacity from 6.5 to 8 cubic meters per second to support urban and economic growth in Santiago and surrounding provinces.

Entities

Banco de Reservas · Banreservas · Barrick Pueblo Viejo · Constructora DERCO · Cotuí · Fiduciaria Reservas · Jean Luis Rodríguez · Ministerio de Vivienda y Edificaciones · Ministry of Housing and Buildings · Santo Domingo Este

Claims

What the coverage asserts, and how many sources carry each claim.

[● 2 SOURCES] More than RD$500 million of the project investment consists of state subsidies. n.com.do
[○ 1 SOURCE] Approximately 120 housing units are ready for delivery within the next 45 days. n.com.do
[● 2 SOURCES] The total investment for the Las Acacias III project is approximately RD$1,152 million. n.com.do
[○ 1 SOURCE] The project is supported by the Paraíso Oriental III Low-Cost Housing Real Estate Trust. diariofinanciero.do
[● 3 SOURCES] The project will consist of 400 new housing units. diariofinanciero.do · n.com.do
[○ 1 SOURCE] The development includes 280 duplex homes and 120 apartments. n.com.do
[● 2 SOURCES] The Las Acacias III project is a strategic alliance between the private sector and the Dominican State. n.com.do
[○ 1 SOURCE] 700 housing units have already been delivered in previous stages of Las Acacias. n.com.do