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Economic Development Secretary pushes agenda in Washington

By on February 5, 2017

SAN JUAN — Economic Development & Commerce Department (DDEC) Secretary Manuel A. Laboy Rivera went to Washington, D.C. last week to participate in several meetings related to Governor Ricardo Rosselló’s Plan for Puerto Rico, and to further efforts for the island’s economic development.

DDEC Secretary Manuel Laboy Rivera (File Photo)

DDEC Secretary Manuel Laboy Rivera (File Photo)

“In Washington, D.C. we advanced the bills in the Plan for Puerto Rico, aimed toward promoting investment in the Country, job creations, and bills for development in the tech area; to transform Puerto Rico into the main technological innovation center in the Caribbean and Latin America. In addition, we discussed with various members from the aeroespacial industry established in the Island, about the possibility to expand their operations in Puerto Rico,” said Laboy Rivera in written declarations.

The secretary spoke with officials from the U.S. Treasury Department, the Department of Defense, investors, and members from the private sector. He said that his meeting with Office of Economic Adjustment (OEA) Director Patrick O’Brien was successful, explaining that they discussed concrete initiatives regarding development of Ceiba’s Roosevelt Roads base lands.

“As part of our agenda, we evaluated specific solutions to boost the Roosevelt Roads project and re-establish the federal government’s credibility to advance plans and projects in that region,” he stated.

Laboy’s efforts were made amid the Fiscal Oversight & Management Board’s request to Congress to approve measures for economic development in Puerto Rico.

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