In the six-month period between Dec. 1, 2010 and June 3, 2011, the Permits Management Office has received 23,112 permit applications online, of which 71 percent have been processed, the head of that agency said during a public hearing Tuesday.
Gov. Luis Fortuño signed the law approving a $304 million bond issue to finance several infrastructure projects, mainly road improvements, planned throughout the island.
The Puerto Rico Public-Private Partnerships Authority has confirmed Goldman Sachs and Morgan Stanley were the front-runners to bid for the privatization project of PR-22, the 52-mile stretch of highway that runs from San Juan to Arecibo, a week after word got out that the New York-based investment banking firms were jockeying for the $1 billion contract.
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