The Construction Association of Puerto Rico

2 Business View Caribbean The Construction Association of Puerto Rico Serving the island’s construction industry The Construction Association of Puerto Rico was founded 54 years ago as an extension of the National Homebuilders Association (NHA) in the United States. “It was, basically, a local chapter aligned with the same vision that the National Homebuilders Associa- tion had at the time,” says Ricardo Alvarez Diaz, the current President of the Associations’ Board of Direc- tors. “Throughout the years, it evolved quite a bit, and even though we kept the relationship with the NHA, the reality is that, in Puerto Rico, it became an asso- ciation that focused on developers, investors, and de- cision makers in the construction industry. A lot of our members not only developed residential properties, they also developed commercial, tourism, hotel and all