This week, Puerto Rico’s Governor Ricardo Rosselló Nevares and the executive director for the Public-Private Partnerships Authority (P3 Authority), Omar Marrero, hosted the second annual P3 summit; P3 Summit: Cornerstone of Puerto Rico’s Recovery to discuss the many public-private partnership projects on the island.
“Since we began working to achieve a transformation of Puerto Rico at the beginning of 2017, we identified public-private partnerships as an effective tool to carry out many of the infrastructure projects that Puerto Rico needs,” said Rosselló. “A year later, and nine months after the devastating hurricanes that hit Puerto Rico, we can say that there are already six projects that are well on track and that represent over $1.5 billion in investment.” At the summit, more than 25 panelists from both the public and private sectors – including keynote speaker Mark Romoff, president of the Canadian Council for Public-Private Partnerships – shared their experiences and best practices, and proposed new ideas for best executing public-private partnerships.
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