Ferrovial wins $1bn Puerto Rico flood defence contract
16 May 2026
Spain’s Ferrovial has landed a $1.078bn contract from the Caribbean District of the US Army Corps of Engineers (USACE) to widen and deepen a segment of the Río Piedras channel in Puerto Rico to improve flood defences.
Ferrovial will make improvements across San Juan’s Río Piedras district, beginning at the José de Diego Bridge, crossing the Roosevelt Avenue Bridge and ending near Luis Muñoz Marín Park.
The scope of work includes widening and deepening the existing channel, construction of two drilled‑shaft floodwalls each 5,200ft-long, dredging, stormwater improvements and relocation of sanitary sewer, water and electrical utilities.
When completed, the project is estimated to save $126m a year in flood damages and create 8,248 direct jobs through construction and related works, plus 2,205 indirect jobs.
The contract is the largest awarded by the USACE in Puerto Rico.
Col. Charles L. Decker, USACE’s Caribbean District commander, said: “This investment enhances public safety, strengthens economic vitality, and supports reinvestment in communities vulnerable to flooding across San Juan.
“Nearly 98% of the damages this work prevents would otherwise fall on homes, schools, and local businesses.”
Related
-
Freeport to invest $4.5bn in Bagdad project expansion
5 November 2026
-
Venture Global awards Worley EPC contract for CP2 Expansion project
5 November 2026
-
Cadeler wins contract for 1.2GW Dogger Bank C offshore turbine installation
5 November 2026
-
Energix commissions 152MWdc Border Basin Solar project in Ohio
5 November 2026
-
Justified Data Center Campus in Hawesville, Kentucky Awards Fluor EPC Contract
5 November 2026
-
Panamint Capital Closes First Phase of $1.8 Billion Green Loan
5 November 2026


京公网安备
11010802030424号
京ICP备19046776号-2