Puerto Rico Industrial Development Company

Puerto Rico Industrial Development Company
Agency overview
FormedMay 11, 1942 (1942-05-11)
Preceding agency
  • Puerto Rico Economic Development Administration
Jurisdictionexecutive branch
HeadquartersSan Juan, Puerto Rico
Agency executive
  • Eric Santiago Justiniano, MBA, ACBTSA, Executive Director and Chief Executive Officer
Parent departmentDepartment of Economic Development and Commerce
Child agency
  • South East Industrial Development Company
Key document
Websitewww.pridco.com

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 attract private capital to Puerto Rico to establish trade, cooperatives, and industrial operations. As its primary function, PRIDCO provides real estate for industrial development.

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