By the Caribbean Journal staff
The Dominican Republic’s Puntarena tourism project is making progress, officials said this week.
The projected aims to be the “Punta Cana of the South,” in a setting about two hours from Santo Domingo in the area of Los Corbanitos in the Peravia province.
The project will cover a total of 15.5 million square meters, with a phased development including a beach club, then hotels, condo hotels of up to 600 units, 172 residential lots and an ecological preserve, among other features.
All of this will be backed up by roads, electrical infrastructure, potable water and security.
The project will see a $195 million USD investment in the first seven years, and the ultimate creation of more than 13,000 long-term jobs.
Overall, the project is an estimated $1.5 billion investment.
