Autopistas Metropolitanas of Puerto Rico, known as Metropistas, is marking 10 years since taking over the operation of Highways PR-5 and PR-22 through a public-private partnership with the government, confirming it has made some $170 million in infrastructure improvements. The money was put into the containment systems along the highways — such as the concrete […]
The Puerto Rico Public Private Partnership Authority announced the selection of four proponents that have the necessary experience to manage and operate all aspects of the Puerto Rico Electric Power Authority’s electricity distribution and transmission system. P3 Authority Executive Director Omar Marrero confirmed the qualified proponents: Duke Energy Corporation; Exelon Corporation; PSEG Services Corporation; and […]
The P3 offers a long-term concession for modernization, expansion and operation of passenger piers.
The three projects went through the required evaluation process, as specified in the Public-Private Partnerships Act.
Officials of the Puerto Rico for Public-Private Partnerships Authority are participating this week in two major industry forums.
The four projects are the transformation of the maritime transportation system; water meter optimization system; energy storage; and student life.
In a vote of confidence for its innovative projects that are helping to stimulate Puerto Rico’s economic rebound following the devastation of Hurricane María, the U.S. Chamber of Commerce Foundation selected Foundation for Puerto Rico President Annie Mayol to address the 7th Annual Building Resilience through Private-Public Partnerships Conference held in Washington, D.C. this week.
This week, government officials confirmed six public-private partnership projects in the pipeline representing a combined $1.5 billion in investments in Puerto Rico’s infrastructure.
The Puerto Rico Public Private Partnership Authority will host the second annual P3 Summit on June 18-19 under the theme of “P3: Cornerstone of Puerto Rico’s Recovery."
New Jersey-based P3 Group, an international consulting, management and engineering services company, announced Thursday the opening of a new office in Puerto Rico to serve the growing device testing, performance assessment and network optimization needs of U.S. and global wireless carriers, device manufacturers and infrastructure providers.
Across-the-board spending cuts and tax increases, until recently, were the solution to deal with Puerto Rico’s debt and deficit. Today, the question on everyone's mind should be: how can we improve living conditions and promote spending to help jumpstart our stale economy?
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