Puerto Rico offers unique incentives to investors. It has a well-developed infrastructure that includes an extensive telecommunications network, highways, airports, electrical system and others. It has numerous air connections and a private banking system with over $57 billion in assets and easy access to capital markets in the United States.
Other advantages:
A well-educated
population
Common market with all U.S. states and territories
Political
and economic stability
Intellectual property protections
Legal
protections offered by the U.S. and Puerto Rico Constitutions
Advantageous
corporate tax rates
Value-added
During
the past 15 years, the pharmaceutical industry in Puerto Rico has increased
its investment through expansions on the island by $1 billion. Consistently,
the operations established in Puerto Rico have been classified as highly
productive when compared to similar plants located in other countries
or states.
Carly Fiorina, Chief Executive Officer of Hewlett Packard, has described Puerto Rico as one of the best places to operate in the world. In her own words, "what has occurred in P.R. in the last two years is a great example of how important is P.R. for our international/global business." In particular, Fiorina has noted the productivity levels of Puerto Rico operations as superior: "Employees in P.R. are within the best we have all over the world. Their qualifications, spirit and innovation make them a great team in which you can always count on."
The competitive forces of globalization are forcing corporations to rethink and optimize their supply chains. For those companies in which port access is a critical component of the way they deliver value to the customer, the Port of the Americas and the surrounding Caribe Business Parks (value-added industrial parks adjacent to the Port) in Puerto Rico will offer a significant competitive advantage as an integrated transshipment /import/export hub and Free Trade Zone.
CB Richard Ellis, the world's largest commercial real estate services company, is partnering with the Puerto Rico Industrial Development Corporation to attract companies from around the world to leverage the unique opportunity offered by the Caribe Businesss Parks surrounding the Port of the Americas in Puerto Rico. CB Richard Ellis was recently selected to attract investment to Port of Shanghai, one of the largest in the world.
Caribe Business Parks will offer corporations the opportunity to accelerate their penetration of the Puerto Rican domestic market while leveraging a strategic location for transshipment and export opportunities to international markets in a secure investment environment with superior return on investment (ROI) characteristics.
