Fifteen companies made the commitment last month to invest $248.3 million in machinery and equipment, and create 1,369 jobs in the next 18 to 36 months, Economic Development and Commerce Secretary José Pérez-Riera said Wednesday.
Puerto Rico Trade and Export’s Expo Partners service is offering local companies an opportunity to work with international trade experts to develop and implement a plan to expand the scope of their products or services beyond the island’s shores.
Rico’s low broadband penetration and Internet usage levels are holding the island back from achieving true economic growth, industry experts agreed Wednesday, saying that with just 40-out-of-100 people using the Internet, progress is — and will likely remain — stunted.