Puerto Rico road rebuilding – funding secured

Funding has been secured to help pay for road rebuilding work in Puerto Rico. The US Federal Highway Administration (FHWA) is providing US$110 million to Puerto Rico’s highway and transportation agency, Autoridad de Carreteras y Transportacion (ACT). This funding will be used for Puerto Rico’s Road Construction and Reconstruction Accelerated Programme.
July 19, 2018 Read time: 1 min
Funding has been secured to help pay for road rebuilding work in Puerto Rico. The US 2410 Federal Highway Administration (FHWA) is providing US$110 million to Puerto Rico’s highway and transportation agency, Autoridad de Carreteras y Transportacion (ACT). This funding will be used for Puerto Rico’s Road Construction and Reconstruction Accelerated Programme.


With the FHWA funding package now in place, Puerto Rico’s Government is planning to open the tender process for $283 million worth of road projects. In all the Puerto Rico Government is planning $650 million worth of road projects, with funding being supplied by a number of sources.

Finance & Funding

For more information on companies in this article

Related Content

  • Guinea road financing secured
    August 23, 2021
    Financing is secured for road works in Guinea.
    Read More
  • Major US interchange project underway
    February 14, 2012
    Work is starting in the US on a US$356 million interchange project that will connect I-95, I-91 and Route 34 Interchange in New Haven.
    Read More
  • The US FAST Act: a job left unfinished
    April 4, 2016
    US roads and bridges are crumbling at an alarming rate as state governments wring their hands over the increasingly scarce money for repairs. Enter the FAST Act. But is it enough? US state transportation department officials, as well as highway contractors and operators, breathed a sigh of relief in December. For months the highways infrastructure sector waited anxiously to see where the necessary money for road projects would come from. For several years, the Highways Trust Fund – the usual way of paying f
    Read More
  • Turkmenistan highway project – funding secured
    March 26, 2018
    A finance package has been secured to help pay for the building of Turkmenistan’s Ashgabat-Turkmenabat highway project. Worth US$2.4 billion, the financing comes in the shape of a loan and is being provided by the Central Bank of Turkmenistan. The finance package is being provided to the Union of Industrialists and Entrepreneurs of Turkmenistan under a 20-year loan deal that includes a grace period of five years. The new Ashgabat-Turkmenabat highway project will help to improve transport efficiency in
    Read More

Highlighted Content