Transparency and free-flowing information on the government’s behalf are crucial to keeping the island’s standing in the U.S. credit market, which is keeping close tabs on what is being done locally, several representatives of the investment community said Thursday during the first day of the Puerto Rico Credit Conference in San Juan.
“The commitment of companies in the telecommunications industry is evident, but it is necessary to emphasize the importance of creating the right conditions for doing business on the island.
Energy and permitting issues remain major challenges. We’re confident that with close collaboration between the public and private sectors, the ideal business climate can be created to protect what has been achieved and maximize opportunities for Puerto Rico.”
— Pedro G. Andrés, president, Puerto Rican Telecommunications Alliance (APT)

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