Puerto Rico’s Economic Development Bank streamlines lending efforts
June 20, 2025
Agency cuts loan processing time, expands strategic agreements and services. #NewsismyBusiness
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Puerto Rico gov’t picks San Juan Cruise Port to run SJ piers for 30 yrs.
August 17, 2022
The private operator is expected to invest $400 million to modernize the cruise ship facilities.
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P3 Authority confirms 2 new projects in pipeline
March 9, 2021
Puerto Rico’s P3 Authority unveiled two new projects that are in the evaluation phase, involving the island’s Treasury Department and government-run regional airports. During a presentation to the media, P3 Authority Executive Director Fermín Fontanés said the Treasury Department is seeking to modernize and optimize the agency’s collection processes, taxpayer services and its call center. […]
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Ferry rates for trips between Puerto Rico-Vieques-Culebra will increase with privatization
July 10, 2019
The rates charged to take the ferry between Puerto Rico and its island municipalities of Vieques and Culebra will begin increasing gradually after the service is transferred to a private operator, Public Private Partnership Authority Executive Director Omar Marrero confirmed. In an interview during the “En Una Hora” program on 11Q 1140 AM — in […]
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Public power versus privatized power: The debate in P.R. before and after María
January 24, 2019
By Eliván Martínez Mercado | Center for Investigative Journalism From the inside of a cargo container like the ones used to transport food overseas, the town of Sterling, Massachusetts implements the energy system of the future. The general manager of this power services company, Sean Hamilton, walks with his head protected by a white constructor’s […]
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Tesla, Suez Group in short list of proposals for trio of P3 projects
September 28, 2018
The three projects went through the required evaluation process, as specified in the Public-Private Partnerships Act.
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Rosselló spells out economic development strategy
November 16, 2016
Gov.-elect Ricardo Rosselló on Tuesday offered details of the socioeconomic transformation model his administration will follow to spur “growth and development” for Puerto Rico over the next four years.
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Government pursuing ‘smaller-scale’ P3 agreements
September 18, 2014
The Gov. García-Padilla administration is looking to broaden the scope of possibilities regarding the establishment of public-private partnerships, or P3s, through legislation that would allow smaller scale projects, P3 Authority Executive Director Grace Santana said.
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