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Puerto Rico's modern and highly efficient infrastructure, transportation,
utilities, telecommunications and financial systems - coupled with
a highly skilled workforce - are geared towards continued corporate
growth. In addition, the proximity and accessibility of the Island
not only to the USA but to Latin America and the Caribbean, makes
it an ideal strategic location for export and transshipment operations.
As a result, corporate profitability ratios far exceed those on
the US mainland.
This continuous evolution of infrastructure, together with a powerful
economy and a government committed to continued growth are key pro-business
components of the island’s success as an industrial and business
center. Find out more about the components that make this island
the ideal setting for your business venture.
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- The San Juan seaport, at the intersection of trade routes from
North America and Europe to Latin America and the Caribbean, is
the fourth largest port in the Western Hemisphere.
- Transportation between Puerto Rico and the U.S. mainland is
deemed domestic by the United States.
- A state-of –the-art telecommunications system allows
instant access to U.S. mainland and international markets via
high-speed third generation technologies.
- The high productivity of the workforce and the superior quality
of products has led many companies to operate more than one plant
on the island.
- Labor costs are significantly lower in Puerto Rico than on
the U.S. mainland. Although the U.S. federal minimum wage of $5.15
an hour applies, a favorable wage differential exists on the island.
- The Puerto Rico Electrical Power Authority (PREPA) has a diversified
generating capacity of approximately 5.538 megawatts and an island-wide
grid providing industrial users with the electrical power they
need.
- Nearly 10,000 miles of water mains and aqueducts, and existing
waste treatment facilities throughout the island provide all the
water you could need.
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