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Puerto Rico Central Recovery & Reconstruction Office publishes draft plan

By on July 10, 2018

(Cybernews: File photo. CPI)

SAN JUAN – The executive director of Puerto Rico’s Central Recovery & Reconstruction Office (COR3), Omar Marrero, announced Tuesday that a draft of the Economic and Disaster Recovery Plan of Puerto Rico is available for public comment.

“The Government of Puerto Rico believes that the effort to draw up the Recovery Plan is an opportunity to reiterate the transformative vision of the governor regarding the future of the island, by implementing solutions that are profitable and taking advantage of best practices to revitalize our economic growth,” Marrero said in a statement.

The official said public hearings were held around the island in June and the beginning of July, specifically in Fajardo, Bayamón, Ponce and Mayagüez. A general description of the draft recovery plan was presented and input was sought from citizens, municipalities, and state and federal agencies.

The plan was developed following the U.S.Congress’ enactment of the Budget Act of 2018, which required, in Section 21210, that the Government of Puerto Rico develop and submit it by Aug. 8. COR3 said it has been developing th eplan in coordination with the Federal Emergency Management Agency (FEMA), the Homeland Security Operational Analysis Center (HSOAC), and “key stakeholders.”

Marrero added that in November, the government presented the “Build Back Better” document to Congress, which included a preliminary description of the damage caused by hurricanes Irma and María, along with an initial evaluation of the recovery funds required to rebuild the island “stronger, smarter and more resilient.” In the draft recovery plan, COR3 expanded on the “discussion and methodology” of “Build Back Better” further to receive more funds to continue putting the recovery process on track.

The plan “reflects the vision, objectives and strategies of the Governor of Puerto Rico, Ricardo Rosselló, which focus mainly on fostering sustainable economic growth, optimizing critical infrastructure in Puerto Rico, increasing resilience and capacity to recovery in future disasters, and promote an educated, safe and healthy society,” Marrero said.

He added that transparency is a key principle in the recovery process, thus the course of action and economic development described in the plan seeks the implementation and fiscal transparency of the recovery investments.

“The COR3 office is preparing for big challenges and, among these is the development of key projects for the reconstruction of a new Puerto Rico. We continue working to optimize the available federal funds and execute the Governor’s commitment to build the best Puerto Rico that we all know is possible. A stronger and more resilient Puerto Rico than ever,” Marrero concluded.

The draft of the Economic and Disaster Recovery Plan of Puerto Rico can be found here.

For additional information, email Comments are due by July 18.

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