Puerto Rico Industrial Development Company
Encyclopedia
The Puerto Rico Industrial Development Company (PRIDCO), along with the Puerto Rico Government Development Bank
(GDB), was created by the government of Puerto Rico in 1942, during the administration of Governor Rexford G. Tugwell, to finance the construction and manage the operation of industrial parks where stateside manufacturing companies could find low-rent venues for their operations. For decades, it operated in tandem with the Puerto Rico Economic Development Administration
, known as "Fomento" in Spanish. As a result of recent reorganizations, Fomento has been merged into PRIDCO.
PRIDCO also oversees the program to promote Rums of Puerto Rico and is part of the Puerto Rico Department of Economic Development and Commerce
umbrella.
From 2001 till 2002 William Riefkohl
was the Executive Director of the company.
Puerto Rico Government Development Bank
The Government Development Bank of Puerto Rico was the brainchild of Governor Rexford Guy Tugwell, who signed Law 252 of May 13, 1942, creating the institution in charge of economic development for the Government of Puerto Rico...
(GDB), was created by the government of Puerto Rico in 1942, during the administration of Governor Rexford G. Tugwell, to finance the construction and manage the operation of industrial parks where stateside manufacturing companies could find low-rent venues for their operations. For decades, it operated in tandem with the Puerto Rico Economic Development Administration
Puerto Rico Economic Development Administration
The Puerto Rico Economic Development Administration, known as "Fomento" in Spanish, was created in the 1940s and for many years was the main government agency responsible for the dramatic industrialization of Puerto Rico from the 1950s to the 1990s...
, known as "Fomento" in Spanish. As a result of recent reorganizations, Fomento has been merged into PRIDCO.
PRIDCO also oversees the program to promote Rums of Puerto Rico and is part of the Puerto Rico Department of Economic Development and Commerce
Puerto Rico Department of Economic Development and Commerce
The Puerto Rico Department of Economic Development and Commerce was created by Governor Pedro Rosselló in 1994 as an "umbrella" under which several economic development agencies would operate in a more coordinated fashion...
umbrella.
From 2001 till 2002 William Riefkohl
William Riefkohl
William Riefkohl López is the Executive Director of the Puerto Rico Manufacturers Association.-Early life:William Riefkohl was born in Rio Piedras, Puerto Rico, to William Riefkohl Villodas from Patillas and Monsita López Ramírez from Canóvanas...
was the Executive Director of the company.
PRIDCO Presidents
- Enrique Rodríguez NegrónEnrique Rodríguez NegrónEnrique Rodríguez Negrón, born on July 14, 1933 in Toa Alta, Puerto Rico served as a member of the Senate of Puerto Rico from 1989 to 2001. From 1993 to 2001, he chaired the Senate Tourism Committee and partnered with then Executive Director of the Puerto Rico Tourism Company Luis Fortuño in...
- Xavier RomeuXavier RomeuXavier Romeu is a counselor and litigator, with expertise in securities litigation and regulation, and corporate, commercial and employment litigation...
- Jaime Morgan StubbeJaime Morgan StubbeJaime Morgan Stubbe, the last Executive Director of the Puerto Rico Maritime Authority or "Navieras de Puerto Rico', is currently the President of Palmas del Mar, Inc., the real estate developer that owns and operates the Palmas del Mar residential and tourist complex in Humacao, Puerto Rico...
- William RiefkohlWilliam RiefkohlWilliam Riefkohl López is the Executive Director of the Puerto Rico Manufacturers Association.-Early life:William Riefkohl was born in Rio Piedras, Puerto Rico, to William Riefkohl Villodas from Patillas and Monsita López Ramírez from Canóvanas...
- Jorge Silva PurasJorge Silva PurasJorge Silva Puras is the Regional Administrator at the United States Small Business Administration for Region II which includes New York, New Jersey, Puerto Rico and the United States Virgin Islands. He was appointed to his current position on May 3, 2010...
- Boris Jaskille
- Javier Vazquez Morales