caribbeanbusinesspr.com THURSDAY, SEPTEMBER 2, 2010 WEEKLY $2.00 ©2010 CASIANO COMMUNICATIONS INC. Fortuño’s administration pushes innovative incentives to help consumers acquire homes By José L. Carmona pages 18-25 TOP ST ORY IN si DE SPEC I AL REPOR T Yarotek negotiating Land Administration aiming to spark to build island’s million-dollar developments page 43 largest solar plant page 2 Vía Verde project rallies supporters and opponents page 44 Despite challenges, Méndez continues to believe in dinars page 10 For up-to-the-minute local, national, international and economic news in English, go to caribbeanbusinesspr.com now on 18 CARIBBEAN BUSINESS THURSDAY, SEPTEMBER 2, 2010 GOVERNMENT 43 CARIBBEAN BUSINESS THURSDAY, SEPTEMBER 2, 2010 Land Administration aiming to spark million-dollar developments Agency looks to partner with private sector to spur tourism and industrial projects BY JOHN MARINO have to make sure the projects are good for Puerto Government land is also playing a key role in Housing-stimulus bill could spur the sale of
[email protected] Rico and the developers have the required exper- the development of a new generation of renew- tise and track record.” able wind and solar energy, with many projects he Land Administration and Land Authority The mammoth $555 million proposed tourism depending on it for success. 10,000 new and existing units Tare putting portions of their vast holdings project in Guánica approved last month by the The Land Administration is also collaborating to work for the private sector to help spur eco- Planning Board is just one of several projects with the Puerto Rico Industrial Development nomic development, Frederick Muhlach, the making use of Land Administration and Land Corporation to develop industrial and commercial Housing Secretary-designate Miguel Hernández-Vivoni touts initiative newly appointed head of both entities, told Authority assets.