The Federal Emergency Management Agency could assign as much as $30 billion to address damage mitigation work in Puerto Rico in the wake of Hurricane María’s destruction, Alejandro De la Campa, director of the agency’s Caribbean Region II, said.
A cross section of local contractors lobbied Monday at the Capitol for the approval of the bill that would give the Puerto Rico Aqueduct and Sewer Authority access to the bond market saying, “a vote against the bill is a vote in favor of a water rate hike.”
Puerto Rico Lands Authority Executive Director Luis Rivero-Cubano recently told members of the Associated General Contractors that there are plenty of business opportunities for the sector to develop residential, tourism and commercial properties throughout the island.
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