Morteza Farajian

Executive Director – Build America Bureau, U.S. Department of Transportation

Dr. Morteza Farajian has served as a senior executive leading the Build America Bureau at USDOT (the Bureau) since April 2019. He is responsible for credit programs and loan guarantees with $29 billion in the existing portfolio and more than $22 billion allocated, issued or pending in private activity bonds that 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 Public-Private Partnership (P3) transactions for transportation facilities.

Prior to this position, Dr. Farajian served as acting Deputy Secretary of Transportation and Director of Public-Private Partnerships (P3) Office in Virginia. Over a period of seven 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 increase 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 co-founded a crowd-financing platform that provides local and small investors the opportunity to invest in infrastructure projects as equity or subordinate debt. He has proven experience in successfully leading multi-disciplinary teams and diverse expertise in P3 transaction structuring and negotiation, organizational transformation, business development, public policy, stakeholder management and project planning/finance.
He received his Ph.D. and M.Sc. degrees in Project Management from the University of Maryland. He also has a B.S. degree in Civil Engineering.

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