The P3A celebrates Puerto Rico Projects Conference | P3A

The P3A celebrates Puerto Rico Projects Conference

Carlos M. García, President of the Board of Directors of the Puerto Rico Public-Private Partnerships Authority, announced that the P3A will celebrate the Puerto Rico Projects Conference on October 15 and 16 at the Puerto Rico Convention Center in Miramar.

The conference will present key issues about the role of Public-Private Partnerships (PPP) for the economic development of Puerto Rico, PPP-specific projects and processes for the establishment of PPPs on the Island. October 15 will begin with the lecture titled “The Economic Development Plan for Puerto Rico, Fiscal Update and the Role of the PPP Program,” which presents the main components of the Economic Development Plan for Puerto Rico, will provide a summary of the current fiscal situation and will highlight the contribution of the PPP program within the context of said Plan. The second lecture, “Lessons from Successful PPP Programs and Benefits of the Program of Puerto Rico” will present the common factors of PPP programs that have been successful and the overall benefits which the Program of Puerto Rico reflect. This lecture will include the participation of distinguished speakers including Mr. Larry Blain, CEO of Partnerships BC (Partnerships British Columbia), one of the most recognized PPP programs in the world that has successfully made 30 projects viable representing $10 billion in investments since its inception in 2002. The third lecture on the morning of October 15 will present an overview of public corporations that have responsibility for managing the major components of infrastructure of the Country. This lecture is titled “Overview of the Major Public Corporations of Puerto Rico.”

The afternoon of October 15 will begin with the participation of the Honorable Luis G. Fortuño, Governor of Puerto Rico, as a guest speaker during lunch. The afternoon lectures will aim to present specific projects that have been referred to the Authority and which have high potential to become a PPP. The projects presented at the conference will be in areas important to economic development such as roads, public transport, energy, water, and solid waste management, among others. These projects will be presented in concurrent sessions so that people or companies can attend those that reflect their particular interests.

On Friday, October 16 there will only be one lecture: “How to Work with Us: Regulations and Procedures for Establishment of PPPs in Puerto Rico.” This lecture will discuss the public policy, legislative framework, and rules and procedures for the establishment of PPPs on the Island. The participants will then split into groups to make field visits in accordance with the projects that are of interest to them.