Skip to main content

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.

For more information on companies in this article

Related Content

  • Colombia highway construction projects secure funding
    August 22, 2018
    A finance source has been secured for major highway projects in Colombia. The Rumichaca-Pasto and Montes de Maria highways are being constructed by Spanish contractor Sacyr. A package of loans worth a total of US$110 million will pay for the highway work. This financing is being supplied jointly by CIFI, Banco BTG Pactual Cayman Branch and Banco Pichincha Panama.
  • Road Safety: Puerto Rico Highway Agency distinguished with IRF award
    August 16, 2021
    The International Road Federation has presented its annual "Find a Way" Global Road Safety Award to the Puerto Rico Department of Transportation and Public Works on the closing day of the IRF "Vision Zero for Latin America" Road Safety Conference
  • Russian roads benefiting from rebuilding programme
    November 30, 2018
    Russia’s Federal Road Agency (Rosavtodor) set out an ambitious plan of road development projects for 2018 and is achieving its target. Compared with 2017, Rosavtodor increased its programme of road development for 2018 by 19.5%. Meanwhile Rosavtodor has planned to repair 8,400km of roads, with 97 of the planned works being completed ahead of schedule. Work to a further four sections of roads are also likely to be completed ahead of schedule in the Leningrad Region, Sverdlovsk Region (Urals), Novosibirsk Reg
  • Serbia road project, funding secured
    February 19, 2019
    Construction of the 77km-long Merdare-Nis highway in Serbia is to benefit from external financing. A funding package worth €100 million is being supplied by the European Investment Bank (EIB) for the project. The funding will pay for work on a stretch of the route between Plocnik and Nis in southern Serbia. The highway will improve transport connections with neighbouring Kosovo when it is complete. This project forms part of a series of road building operations in the region, with extensive work having been