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Mass emigration from Puerto Rico was a result of Operation Bootstrap. The growth of the industrial sector could not match the rapid decline of monocultural plantation jobs that characterized the economy of Puerto Rico Pre-World War II.
The Puerto Rico Ports Authority ( PRPA) ( Spanish: Autoridad de los Puertos; AP) is a government-owned corporation of Puerto Rico charged with developing, operating, and overseeing all seaports and airports in Puerto Rico. [1] [2] [3] The Authority is ascribed to the Department of Transportation and Public Works and is governed by a board of ...
The pharmaceutical industry in Puerto Rico encompasses more than half of all manufacturing done in Puerto Rico.As the island's most prominent industry, pharmaceutics generates more than 18,000 jobs, pays more than US$3 billion in taxes, comprises about half of total exports, and has generated more than 25% of the island's GDP for the past four decades.
The Puerto Rico Aqueducts and Sewers Authority ( PRASA; Spanish: Autoridad de Acueductos y Alcantarillados de Puerto Rico) is a water company and the government-owned corporation responsible for water quality, management, and supply in Puerto Rico, a US insular area. [1] PRASA is the only entity authorized to conduct such business in Puerto ...
Ponce's Parque de Bombas was Puerto Rico's first firehouse and today is a firefighting museum. Puerto Rico firefighters have their origins in the southern town of Ponce. In 1823, Spanish Governor Miguel De La Torre, became deeply concerned by a large fire that occurred in Ponce, on February 27, 1820. This fire almost destroyed the town.
Act 22 of 2012 —also known as the Act to Promote the Relocation of Investors to Puerto Rico ( Spanish: Ley para Incentivar el Traslado de Inversionistas a Puerto Rico )— is an act enacted by the 16th Legislative Assembly of Puerto Rico that exempts local taxes on certain passive income generated by individuals that reside in Puerto Rico.
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