 | |
| Agency overview | |
|---|---|
| Formed | May 11, 1942 |
| Preceding agency |
|
| Jurisdiction | executive branch |
| Headquarters | San Juan, Puerto Rico |
| Agency executive |
|
| Parent department | Department of Economic Development and Commerce |
| Child agency | |
| Key document | |
| Website | www |
The Puerto Rico Industrial Development Company (PRIDCO) —Spanish: Compañía de Fomento Industrial de Puerto Rico (or simply Fomento)— is a government-owned corporation of Puerto Rico authorized and empowered to induce private capital into Puerto Rico in order to establish trade, cooperatives, and industrial operations in Puerto Rico.[1] As its primary function, PRIDCO is known for providing incentives to both native and foreign companies that either manufacture in Puerto Rico or export from Puerto Rico.
- ^ "PRESUPUESTOS ANTERIORES" (PDF). www.presupuesto.pr.gov.