Historically, it has its roots as a fishing town, deriving much of its
income and protein from the surrounding waters. With the advent of
commercial fishing and increased local populations, however, Miches is
feeling the strain of overfished waters, coupled with silted coral reefs
as a result of the increase in agricultural runoff from the land. In
2009, the Fundacion Tropicalia (Fundacion Cisneros - Cisneros Group)
proposed a business, social and ecological project plan in cooperation
with the government of the Dominican Republic for responsible
development with the hope of positioning Miches as one of the top
tourist destinations in the Caribbean. With a total investment of
approximately US$2 billion, Fundacion Tropicalia aspired to become a
dynamic force in the economy of the Miches and the region. An initial
contribution of $485 million was to be made during the first 3 years and
from that time through the next 20 years, $1.5 billion additional
dollars was to be allocated. The planned result was to generate 3,000
jobs in the short-term, 6,000 medium-term and 14,000 long-term positions
for local citizens. That summer, the President of Dominican Republic
signed a contract with the investors that forced the President to begin
paving all of the streets of Miches in order to make the town look more
presentable. As of 2011, the paving/re-paving had been completed and
many schools have been updated and renovated as part of the project. In
2011, the Dominican Republic National Council of culture appointed the
writer and cultural promoter Selvido Candelaria as a "Cultural asset of
the nation" not only for his literary works but also for his notable
community activities in and around Miches