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Another 34 public investment projects approved in July

Aprueban otros 34 proyectos de inversión pública en julio

The Ministry of Economy, Planning and Development reported the approval of 34 public investment projects last July, with which they add up to 308 in the first seven months of this 2022 (January-July 2022).

The full cost of these 34 projects amounts to RD$21,606 million and in which RD$132,931 million have been approved this year, according to the report “Public Investment in Data (DatoSNIP)” corresponding to July 2022.

The publication of the General Directorate of Public Investment, prepared based on information from the National System of Public Investment (SNIP), indicates that 63.3% of the approved projects correspond to the central government (195 projects)followed by municipal governments (56 projects) and companies (50 projects), which were approved by 18.2% and 16.2%, respectively.

The document states that the highest cost is for the central government projects, for an amount of RD$117,631.5 million (88.5% of the total approved in January-July).

living place
The report details that 55.9% of the projects approved in July correspond to the Housing and community services function (19 projects), in particular to the Community Development subfunction (12 projects).

He adds that the cost analysis of the projects shows that the highest amount approved corresponds to the function Health with RD$17,776.6 million (82.3% of the total amount approved in July). Of the amount approved for Health, 99.4% will be allocated to Hospital Services.

For the January-July period, the report indicates, 36.7% of the approved projects correspond to Housing and community services (113 projects), then 32.1% to Health (99 projects) and 9.1% to Sports, recreational, cultural and religious activities (28 projects). Regarding the total cost of the projects, 61.3% will be allocated to the Health function.

Geographic locationThe document explains that, of the 34 projects approved in July, 8 were in the province of San Cristo’bal, representing the largest number of projects approved at the provincial level, followed by Seibo (5), Azua (4) and Santiago (3). , while the rest is distributed in 11 provinces.

It specifies that 81.8% of the amount approved in July is for a project in San Pedro de Macorís earmarked for the construction of a public health center, with a total cost of RD$17,673 million.

In addition, for the January-July period, Santiago and San Cristóbal represent the provinces with the largest number of approved projects (27 projects each), followed by Santo Domingo and the National District, with 25 approved projects each.

Since January 2022, the report highlights, Santiago occupies the place with the highest total cost of approved projects, which amounts to RD$49,043 millionwhich represents an increase of 3.5% compared to June.

Entities
In July 2022, the executing institutions with the most approved projects were the Presidential Commission for the Support of Provincial Development (9), the City Council of San Francisco Vicentillo (5), the Ministry of Public Works and Communications (4) and the Ministry of Housing, Habitat and Buildings (4).

In June, 136 were approved
16 in Santiago.

In June 2022, 136 projects were approved, and of these 16 belonged to Santiago, representing the largest number of projects approved by location, followed by the provinces of Monseñor Nouel and Santo Domingo with 11, the National District with 10, and the southern provinces of Azua and Independencia with 8. The rest is distributed in 21 provinces.

The total amount of the projects approved last month was RD$16,442.3 million, for an accumulated amount of RD$111,325 million, the highest in the last five years.

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