Rebuild Puerto Rico Business Conservatory for Economic Development Hon. Manuel A. Laboy Rivera Secretary of Economic Development and Commerce

GOVERNMENT OF PUERTO RICO Department of Economic Development and Commerce

REBUILDING PUERTO RICO

Paradise Performs Post Maria Vision

Method to calculate the production of goods and services

GDP

PERSONAL CONSUMPTION EXPENDITURE

GOVERNMENT CONSUMPTION EXPENDITURE

GROSS PUBLIC DOMESTIC INVESTMENT

GROSS PRIVATE DOMESTIC INVESTMENT

 Gross Domestic Investment is a component that drives both growth and economic development.  It includes capital expenditures from private and public corporations, and government and municipalities.

 Both include construction, and machinery and equipment investment.  Long-term effect is that it stimulates an increase in: ✓ production capacity ✓ quality of life ✓ better redistribution of wealth.

SALES

PURCHASES

to/from rest of world  Sales implies greater economic integration at a global level, higher domestic revenues, thus stimulating greater investment and national savings, as well as increasing the production levels of local companies.

 Purchases to the rest of the world helps economic growth since obtaining high levels of purchases of raw materials or intermediate goods, the industries can increase their inventories in function of a high demand, which generates production and economic activity. Also, the importance is to be able to actively participate in international trade

VISION To present a new Puerto Rico: a transformed and sustainable market with a global vision, focusing on harvesting an entrepreneurial ecosystem standing for innovation, technology and research & development, while also showcasing a renewed corporate environment, based on healthy partnerships and renovated infrastructure

To bring onboard coordinated efforts with key private investors committed to transform a stronger and better US Jurisdiction in the Caribbean.

Strategic Areas for Economic Development

1

NEW APPROACH FOCUSED ON:

2

3

Technology

Infrastructure

Healthcare

STRATEGY Oct - Nov

Nov - Dec

RELIEF

RECONNECT & REBUILD

Provide urgent assistance and aid to all economic sectors in order to reactivate Puerto Rico’s economy. Collaborate with local and federal government for relief strategies / efforts to reestablish all basic services to business and citizens.

Reconnect directly with local and global stakeholders of signature economic sectors to share recovery plans, government vision and new opportunities. Participate in national forums to portray that Puerto Rico is recovering and still an option for doing business.

2018

RELAUNCH

Position Puerto Rico as a revived / renew market focusing on sustainable economies with global standards. Validate and communicate partnership with renown stakeholders that are leading the transformation of the island’s infrastructure

Contact us P.O. Box 362350 San Juan, PR 00936-2350

PHONE: 787-765-2900

www.businessinpuertorico.com