Puerto Rico Planning Board President-designate Luis García-Pelatti has made it his mission to spend the next year polishing and updating the Land Use Plan, first proposed nearly a decade ago.
Fueled by a recovering stateside economy and a string of renewable energy construction projects, Planning Board President Rubén Flores-Marzán said Thursday the island’s economy is improving at “a greater rate than expected,” projecting a 0.9 percent growth for Fiscal '12 that ends June 30.
Construction activity exceeded $3.8 billion in fiscal 2011, which represents a $173.5 million year-over-year increase when compared to the prior 12-month period, Planning Board President Rubén Flores-Marzán said Thursday.