Cemex Begins $18 Million Housing Project in Dominican Republic

Construction has begun on 186 units of affordable housing in San Pedro de Macoris, a province of the Dominican Republic. The homes are part of the first stage of the Altos del Higuamo project, which includes the construction of 568 houses with a total investment of approximately $18 million, according to a statement released by Cemex. The first 60 units will be delivered in December 2013.

Carlos Gonzalez, president of Cemex in the Dominican Republic, stated that the housing projects are part 

of the company’s new initiative, which focuses on providing integral solutions for social development that allow building of the cities of the future.

“CEMEX has the technology, international experience, and capacity to participate in any stage of our client’s projects, in order to become their ally and provide them with the service they require. Our goal is to work together with the communities, government, developers, builders and other sectors, to channel resources, technology and our know-how, in order to build cities that are more sustainable,” stated Gonzalez.

The project is starting thanks to the conditions created by the government, such as the handling of plans through a unique window and the increase in the range of prices for affordable housing. “We recently received a housing certification issued by the National Housing Institute (INVI), that will allow acquirers to receive the benefit of a Housing Bonus and lower down payment to acquire their own home,” Gonzalez explained.

The housing complex will include green, institutional service and commercial areas; a playground and multifunctional sports facilities; sewage treatment plant; underground cables; concrete streets; and solar energy in common areas.

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