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

  • Turkey’s latest landmark bridge securing funding
    March 23, 2018
    Turkey’s programme of bridge and highway building looks set to continue with a funding package for the 1915 Canakkale Bridge and Highway project being found. The bridge will span the Dardanelles Straits and the funding package is worth US$2.83 billion. The financing will come in the shape of a loan has been secured by a group of 24 banks and institutions from 10 countries in all. The loan calls for a 15 year repayment period. The bridge will be a constructed by a consortium, Canakkale Otoyol.
  • Ethiopia road project secures funding
    August 9, 2019
    A road project in Ethiopia is benefiting from a financing package worth US$98 million being provided by the African Development Bank (AfDB).
  • Kazakhstan highway rebuilding gains funding
    May 15, 2018
    A funding package will help pay for road rebuilding work in Kazakhstan. The US$106 million of financing is being supplied by the European Bank for Reconstruction and Development. This will be used to pay for improvements to a 67km stretch of the Kurty-Kapshagai highway connecting capital Almaty with the city of Astana.
  • Funding for Rwanda roads rebuild
    July 18, 2016
    Foreign funding will help pay for key road rebuilding work in Rwanda. Loans worth US$162.4 million are being provided by the African Development Bank (AfDB) and the Japan International Cooperation Agency (JICA), with a $22 million development grant also coming from the EU. These financial sources will help pay for work to improve the 92km long link connecting Kayonza with Rusumo as well as the 116km road between Kagitumba and Kayonza. These road links are of importance as they help connect Rwanda to its nei