Miami, Florida – Puerto Rico is open for business and now is the perfect time to invest in tourism industry related developments and boost significant short- and long-term economic growth. To promote Puerto Rico as an investment destination the executive director of the Puerto Rico Tourism Company (PRTC), Carla Campos and the president of the Puerto Rico Builders Association (ACPR), Emilio Colón Zavala joined forces with Bisnow and Puerto Rican tourism industry businesses to organize an event in Miami, Florida focused on attracting investors to Puerto Rico.
During the forum, hosted by Bisnow, there were several panels discussing diverse subjects related to Puerto Rico as a competitive investment destination and opportunities available on the Island.
The activity was held in Miami, Florida and besides Campos, and Colón Zabala, featured other Puerto Rican delegates such as Jorge Jorge, of Toroverde, Francisco Luis, of Kenave Grand Thornton, Paco Martínez, of CPM and Jorge Ruiz Montilla of McConell Valdés.
The forum, organized to create interest on the Island, provided a platform to share with over 200 representatives from the investment markets the current state, growth projections, and potential areas of investment available in Puerto Rico.
“The event allowed us to successfully communicate that, under the current benefits, tax incentives and business-friendly environment, now is the perfect time to consider Puerto Rico as an investment destination. The forum provided the perfect setting to dispel any uncertainty about Puerto Rico’s recovery after the challenges it faced during 2017. We are certain that the information shifted participants’ perspectives, and now they are aware of great opportunities the Island and, as a result, the economic growth this will represent for our industry”, stated PRTC’s Executive Director
“This event, co-organized by the Puerto Rico Builders Association, Bisnow and the Puerto Rico Tourism Company proved that there is interest in investing in Puerto Rico. We were able to share the need to significantly diversify our offer. It is also important to focus on providing our visitors with a world-class experience”, said Colón Zavala.
The panel moderator, Adam Greenfader, general manager of AG&T and chair of the Florida Committee of the Puerto Rico Builders Association, assured that “like “Black Friday” sales, the enthusiasm we perceived was noticeable. The attention financial, hospitality and development sectors paid was noteworthy. They got the message that Puerto Rico’s government is pro-business and provides the ideal environment for doing business. These investors were presented with an image of Puerto Rico as a blank canvas where they can write success stories and develop infrastructure, a destination rich in resources and great incentives, the perfect combination to create a great hotel boom in the upcoming years”, indicated Greenfader.
This forum, as well as other, will continue with the goal of strengthening the visitor economy as one of the main sectors for Puerto Rico’s economic growth as proposed by the Government of Puerto Rico and Governor Ricardo Rosselló Nevares.
1 – Seated – from left to right - Jorge Ruiz-Montilla of McConnell Valdés; Francisco Luis, of Kenave Grant Thornton; the executive director of the Puerto Rico Tourism Company (PRTC) Carla Campos; Adam Greenfader, of AG&T and chair of the Florida Committee of the Puerto Rico Builders Association; Paco Martínez, of CPM and Jorge Jorge, of Toroverde.
2 - Standing – From left to right: Adam Greenfader, Jorge Jorge, Carla Campos, Francisco Luis, Paco Martínez and Jorge Ruiz