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Cisco Systems to invest $130M to drive tech, network projects in P.R.

Information systems and internet company Cisco Systems announced at the Mobile World Congress 2019 held in Barcelona that Puerto Rico is among the three jurisdictions selected in the Americas to advance transformation and technological acceleration projects. 

Telecommunications Bureau President
Sandra Torres and Chief of Staff Ricardo Llerandi were present during the
announcement during the congress.

The agreement is in line with
government public policy to implement initiatives aimed at digital
transformation and innovation. In the process, Puerto Rico seeks to position
itself as an innovation center connecting the Americas, a center for the “human
cloud,” and also an enabler state. 

“We’re confident the partnership
will foster an era of digital transformation for Puerto Rico,” Torres said. “The
democratization of technology and access to information is vital for economic
development and prosperity of peoples and Puerto Rico is an important territory.”

One of the objectives is to contribute
to the digital public policy positioning Puerto Rico as a jurisdiction for
long-term investment in the digital age.

“A working group will be
appointed to jointly design the development strategies that will advance the
effective implementation of initiatives and projects outlined in Puerto Rico
Digital Agenda. The first projects will begin their implementation phase in the
next 60 days,” said Torres.

“We know Cisco Systems’
commitment to the island. It was one of the information technology and networks
companies that worked intensively on Puerto Rico’s recovery after the onslaught
of Hurricanes Irma and María, particularly in the mountain region,” she

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This story was written by our staff based on a press release.

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