PRIDCO speeds up demolitions to attract new manufacturing investment
August 13, 2025
Agency targets 33 damaged industrial buildings in Puerto Rico to prepare sites for redevelopment. #NewsismyBusiness
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Dot Ai begins production at new Puerto Rico facility after Nasdaq debut
July 10, 2025
Barceloneta site will manufacture patent-pending asset tracking hardware. #NewsismyBusiness
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Puerto Rico legislator calls for review of toll, contract manufacturing
April 21, 2025
Introduces bill to evaluate models and improve incentives, policy and investment. #NewsismyBusiness
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DDEC outlines results of 1st 100 days, focusing on reshoring, creating jobs
April 9, 2025
The government’s entire economic development component has been working on a reshoring strategy to attract manufacturing back to U.S. soil. #NewsismyBusiness
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Stryker expands in Puerto Rico with $13M investment, 46 new jobs
February 19, 2025
The local government supports the project in Humacao with $3.5 million in incentives. #NewsismyBusiness
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Meraki Paper invests $2M to expand compostable cups manufacturing
December 17, 2024
The company got support from the DDEC Incentive Fund to buy the new equipment and create 25 jobs at its Carolina facilities. #NewsismyBusiness
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Puerto Rico GSA issues RFQ for reconstruction of PRIDCO Waterfront Industrial Park
July 31, 2024
The project in Mayagüez aims to repair damage caused by Hurricane Maria. #NewsismyBusiness
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Pridco seeks contractor to analyze industrial property rentals
February 26, 2024
Issues an RFP to determine competitive market rents across Puerto Rico. #NewsismyBusiness
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Puerto Rico stands out in Foreign-Trade Zones Board report
August 31, 2023
Puerto Rico is among the first 25 states in several categories. #NewsismyBusiness
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Pridco, InvestPR sign MOU to boost business growth
June 28, 2023
The agencies joined efforts to promote the island, including its real estate assets, as an ideal business development and investment destination. #NewsismyBusiness
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EPA reaches $11M settlement with Pridco over contamination
January 19, 2023
Puerto Rico government to pay for contamination cleanup costs at Maunabo groundwater facility.
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PRIDCO expects to reap benefits of ‘strategic transformation’ in ’22
January 5, 2022
After wrapping up what he called a “complex year” during which many projects were kicked-off and made possible using Puerto Rico Industrial Development Company (PRIDCO) properties, agency Executive Director Javier Bayón said 2022 brings a loaded agenda in favor of Puerto Rico’s economic development. PRIDCO officials spent the better part of 2021 reshaping the agency’s […]
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FEMA assigns $93M to PRIDCO for property reconstruction projects
June 16, 2021
The Puerto Rico Industrial Development Company (PRIDCO, in Spanish) has been assigned $93 million from the Federal Emergency Management Agency (FEMA) to begin reconstruction and revitalization of commercial properties affected after the passage of Hurricanes Irma and María in 2017. PRIDCO Executive Director Javier Bayón-Torres said the allocation will benefit 54 mandatory projects throughout the […]
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PRIDCO has 152 vacant buildings, 378 unused lots in inventory
March 9, 2021
The Puerto Rico Industrial Development Company (known as PRIDCO) has an inventory of more than 500 lots and properties currently vacant across the island, this media outlet confirmed. When broken down, the inventory includes 152 vacant properties with a combined capacity of more than 2.4 million square feet, and 378 unused lots spanning a combined […]
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P.R. gov’t seeks asset manager for PRIDCO-owned properties
August 16, 2019
The Puerto Rico Fiscal Agency and Financial Advisory Authority (known as AAFAF in Spanish) published a Request for Qualifications (RFQ) that seeks to identify qualified parties to manage properties owned by the Puerto Rico Industrial Development Company. The RFQ is meant to identify one or more qualified parties who manage properties, which include lands and […]
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