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

  • Financing being secured for Colombian highway project
    June 24, 2019
    The finance package required for Colombia’s Popayan-Santander de Quilichao highway project is being secured. The highway forms part of Colombia’s fourth generation (4G) motorway plan. Costing US$692.5 million, the necessary financing should be in place by July 2019. The work includes building 78km of dual carriageway and no less than 31 bridges. It also includes improving 18km of single carriageway roads and also installing two new toll booths. The construction work is expected to take a further 36 months t
  • Financing secured for Serbian road project
    October 29, 2021
    Financing has been secured by Bechtel for a key Serbian road project.
  • Ghana strikes road funding deal with China
    December 13, 2018
    A funding arrangement has been agreed between Ghana and China to pay for road construction works. The package is for a US$646.6 million deferred payment deal. It has been set up with Sinohydro to cover an engineering, procurement and construction (EPC) contract. This will be for upgrade and improvement work for roads and interchanges. The package is the first in a series worth up to $2 billion that will pay for various major infrastructure projects in Ghana. One of the projects will include building a road
  • Colombian concession connection contracts
    May 4, 2022
    Colombian concession connection contracts are being considered.