The U.S. Small Business Administration approved nine International Trade Loans in favor of exporters in Puerto Rico and the U.S. Virgin Islands in Fiscal 2012, totaling $880,000, the agency said Monday.
The U.S. Environmental Protection Agency has awarded $46 million to Puerto Rico to help finance improvements to water projects that are essential to protecting public health and the environment. The funds will primarily be used to upgrade sewage plants and drinking water systems throughout the island.
Puerto Rico Public Private Alliance Authority Executive Director David Álvarez acknowledged Tuesday that if the Federal Aviation Administration fails to give its go-ahead to the Luis Muñoz Marín International Airport P3, the government would not pursue another such deal.