The Gov. Luis Fortuño administration announced Monday its decision to turn over the management and upkeep of two island highways, PR-22 and PR-5, to the consortium of Goldman Sachs and Abertis, through a 40-year contract worth more than $1.4 billion.
Puerto Rico has one of the world’s most competitive manufacturing foundations, but one of the most underdeveloped research and development economies, which poses an inarguable need to establish mechanisms to foster the right conditions for it to flourish, a high-ranking manufacturing executive recently told News is my Business.
The “eyes and ears” of the island’s small business community in Washington D.C., Teresa Coaxum, spent last week in Puerto Rico looking to bridge the disconnect between the local public and private sector and the federal benefits and information they may be missing out on for a lack of awareness or access.
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