‘Impulso a Tu Negocio’ program funds will provide working capital credit lines.
Engineer Rodríguez to be sworn in Feb. 3, and proposes President Biden issue an order aimed at helping create some 20,000 jobs in Puerto Rico.
The project will be financed through a capital investment made by Banco Popular.
With this initiative, construction industry workers and contractors will be able to see the processes and be able to compete.
The Pontifical Catholic University is embarking on a three-year development plan at three of its campuses that will entail a $57.5 million investment, school officials announced. The modernization of multiple structures, new technologies and the construction of a building that will house innovative science laboratories are elements of the project. The funding for the more […]
The firm of electrical, mechanical and telecommunications infrastructure contractors, Bermúdez, Longo, Diaz-Massó (BLDM) received the “Diversity and Inclusion” award — one of the main recognitions granted by the Association of General Contractors in recent annual convention —for its efforts to include women and minorities into the construction industry workforce. BLDM, a local firm on its […]
The island’s construction industy continues to face challenges that could affect reconstruction efforts and the government’s ability to maximize the potential of federal funds available for repairs related to the 2017 hurricanes and 2020 earthquakes. Umberto Donato, president of the Puerto Rico Chapter of the Associated General Contractors of America (AGCPR), said during the group’s […]
Habitat for Humanity of Puerto Rico announced the launch of “Habitat Builds Puerto Rico,” a five-and-a-half-week construction skills training “bootcamp” designed to prepare men and women to work in the growing construction industry in Puerto Rico. Applications are currently being accepted. Courses are offered free-of-charge to those who qualify based on their income and their interest […]
PathStone will recruit 15 young people from the town of Loíza to support them and provide them with the necessary resources to finish high school, train in the construction sector and start generating income from a job. Those who successfully complete the program will receive a $2,500 stipend. Interested participants must be between 18 and […]
The development plans for the former government-owned Sears property in Hato Rey, sold for $11.6 million last year, call for establishing a five-building residential complex, this media outlet confirmed. According to the proposed plans submitted by the property’s owner, Puerta de San Juan LLC. to the government’s Permits Management Office, the housing complex will comprise […]
The Puerto Rico Chapter of the Association of General Contractors of America announced the creation of the Women in Construction Committee to promote the inclusion of women and increase their participation in construction projects in Puerto Rico. Puerto Rico is the first in 89 chapters within AGC of America to establish a formal committee to […]
The Association of General Contractors, Puerto Rico Chapter proposed a number of strategies to eliminate corruption in public procurement processes, including promoting legislation to ban the government from hiring newly created legal entities, without financial experience, or a history of expertise. In a statement, Alejandro J. Abrams, president of the trade group known as AGCPR, […]
The Inter American University officially broke ground on its new $36.9 million student housing complex, which it will include in its internationalization plan of recruiting students from other countries to offer the opportunity of cultural and social exchange. The new residence hall to be located at the college’s San Juan metro campus, will address the […]
SG Blocks Inc., a designer, fabricator and innovator of container-based structures, is teaming up with two companies to build out 55 homes in Guayama that will be ready before year’s end. The $4 million housing project will be developed jointly with Capital Plus Financial, a certified Community Development Financial Institution and certified B Corporation, and […]
The Tax Affairs committee of the Puerto Rico Chapter of the Association of General Contractors of America (AGC-PR) asked the Treasury Department and offered its help to establish clear and uniform rules for the application in the construction industry of certain adopted changes under the Tax Reform of 2019. This request was made at the […]
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