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Build America Bureau, USDOT
Dr. Morteza Farajian was recently appointed as executive director of the Build America Bureau at USDOT (the Bureau). He is responsible for credit programs and loan guarantees to support development of large-scale and multimodal transportation infrastructure. The Bureau also promotes innovative project financing solutions and helps state and local governments develop and finance P3 transactions for transportation facilities.
Prior to this position, Dr. Farajian was serving as acting Deputy Secretary of Transportation and Director of Public-Private Partnerships (P3) Office in Virginia. Over a period of 7 years, he led procurement, financing and contract negotiation of multiple multi-modal transportation projects totaling $10 billion in value. Under his leadership, the P3 program in Virginia was reformed to promote competition, engage stakeholders and increases accountability. He established the first strategic program to manage a portfolio of P3 contracts post-procurement totaling $14 billion in project value.
Dr. Farajian is also an entrepreneur who has co-founded a crowd-financing platform that provides local and small investors the opportunity to invest in infrastructure projects as equity or subordinate debt.
Dr. Farajian has received his Ph.D. and M.Sc. degrees in Project Management from University of Maryland. He also has a B.S. degree in Civil Engineering. He currently serves as a board member on ARTBA’s P3 Division and TRB’s Revenue and Finance committee.