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Why Puerto Rico
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About InvestPR
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As an organization that values transparency and accountability, providing insight and access to comprehensive reporting is central to InvestPR’s mission. Explore our collection of studies, annual reports, findings and other resources pertaining to business development and investment in Puerto Rico.
Puerto Rico boasts a highly talented workforce, with especially strong concentrations in technical, engineering, and BioScience professions. While recent natural disasters have caused an outmigration to the mainland, the growth of key sectors of the economy, an enthusiastic & engaged diaspora community of Puerto Ricans, available workforce development resources, and strong academic centers have all contributed to the growing pool of skilled workers that are eager to participate in the local economy in the years since.
An analysis of the Island’s sector competitiveness and recommendations for driving economic transformation
This past year, global supply chains, particularly of critical materials, have been severely disrupted, leading to a national push to re-shore essential manufacturing. As a recognized international BioScience powerhouse, Puerto Rico offers the ideal solution to the United States and to foreign companies that are hoping to maintain strong links to US and Latin American markets, while taking advantage of top-notch talent and cost-effective business solutions.
Recession in Puerto Rico, exacerbated by natural disasters in recent years, presents significant challenges as the country continues to adapt the economy, driving toward newer age industries and organizations. Among these challenges is developing workforce talent strategies to ensure economic development can be sustained and continue to grow, leveraging the depth of talent on the island.
The following report is a result of a University of Michigan Stephen M. Ross School of Business Multidisciplinary Action Project (MAP) for Invest Puerto Rico spanning January through April 2020. The project included a week-long visit to the island of Puerto Rico by the MAP team and three months of primary research, secondary research, data analysis, and qualitative studies to deliver recommendations for Invest Puerto Rico.
To understand the current perceptions and misperceptions among key target audiences and establish a baseline for future marketing campaigns, messaging and policy development.