DDEC reports $3 million in projected sales from 22 participating companies. Puerto Rico’s Department of Economic Development and Commerce (DDEC, in Spanish) recently led a trade mission to the Dominican Republic aimed at expanding economic and commercial ties between the neighboring islands. DDEC Secretary Sebastián Negrón-Reichard, accompanied by more than 20 small and medium-sized enterprise […]
The firm has locked down the support of Spain’s most prominent business organization for Invest Puerto Rico. #NewsismyBusiness
InvestPR remains focused on sustainable growth through collaboration. #NewsismyBusiness
Puerto Rico shines as global leader in biosciences at Bio International 2024 and welcomes Hemostemix and Smartweave. #NewsismyBusiness
While Puerto Rico may not currently be a player in semiconductor manufacturing, there is potential to attract companies related to semiconductor packaging and supply chain. #NewsismyBusiness
The effort showcases the island’s “unique capabilities” across major industry sectors, underscoring why Puerto Rico is not just a place to invest in but also a place to thrive in. #NewsismyBusiness
The tools offer insight into the island’s property market and labor force. #NewsismyBusiness
InvestPR’s efforts in fiscal year 2023 yielded commitments by companies of nearly 6,000 jobs, as well as 564 new businesses and more than $416 million in capital investment, it stated. #NewsismyBusiness
The collaboration aims to transform waste materials, including sargassum seaweed and discarded tires, into sustainable products. #NewsismyBusiness
The agencies joined efforts to promote the island, including its real estate assets, as an ideal business development and investment destination. #NewsismyBusiness
Invest Puerto Rico, the island’s economic development organization, revealed in its Fiscal Year 2022 annual report that it locked down more than 6,000 business leads, 2,000 prospective opportunities, the establishment of more than 700 new businesses, commitments by companies of nearly 5,000 jobs, and more than $350 million in capital investment. During a roundtable with […]
CytoImmune Therapeutics, Inc. and Biosimilar Solutions, LLC will establish operations in Puerto Rico to develop their biotechnology products. Both initiatives represent a combined investment of some $228 million and the creation of 400 jobs, economic development organization Invest Puerto Rico announced. While CytoImmune Therapeutics will engage in developing cancer immunotherapy solutions, Biosimilar Sciences will work […]
Invest Puerto Rico announced a partnership with Everynet BV, a Low Power Wide Area (LPWA) technology provider and network operator, on its implementation of a new secure data network improving Puerto Rico’s infrastructure across the island. Everynet launched the network in early September, integrating Internet of Things (IoT) to enhance logistics and operations for the […]
As part of its commitment to support business continuity in those areas directly affected by the 6.4 magnitude earthquake that struck the southwest coast on Jan. 7, Invest Puerto Rico integrated in its PuertoRicoSigue.org platform a Community Guide for Economic Preparation and Recovery. This guide — created for the benefit of community leaders, chambers of […]
Invest Puerto Rico, the island’s new economic development engine, shared its data-driven plan to promote Puerto Rico as an investment destination and help usher in the island’s “next great economic transformation,” said CEO Rodrick Miller. The promotional plan, based on extensive research and analysis of global megatrends, economic data, perceptions, disruptive factors and Puerto Rico’s […]
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