The government of the Commonwealth of Puerto Rico is committed with driving economic development to the Island along with local and foreign investors. A key element of the plan is focused on the reactivation of manufacturing, which today represents one of the main sources of Puerto Rico's gross domestic product.
The Puerto Rico Industrial Development Company has in place an industrial development strategy that seeks to position Puerto Rico as a global leader in the knowledge economy, based upon the Island's competitive advantages to generate sustainable economic growth and job creation. Within this plan, the strategic priorities are to protect the existing industrial base and to enable the expansion of existing companies through cluster strategies. Also, the plan is designed to attract new global companies to invest in Puerto Rico and identify emerging segments that match Puerto Rico's capabilities.
We have identified Puerto Rico's human capital, its infrastructure and its regulatory, financial and institutional environment as the major pillars supporting a diverse manufacturing economy that ranges from life sciences to knowledge services outsourcing. To learn more about our strategic clusters, visit our Industries site.