Puerto Rico Department of Economic Development and Commerce | Puerto Rico Industrial Development Company
Secretary | Executive Director
Honorable Manuel Laboy Rivera (PCS, MBA, PE) is the Secretary of Puerto Rico’s Department of Economic Development and Commerce (DEDC) and Executive Director of Puerto Rico’s Industrial Development Company (PRIDCO) since 2017. His main objective has been to enhance our entrepreneurial environment in order to attract new investment, promote job creation and strengthen small and medium size businesses development. He created and implemented an Economic Development Plan for Puerto Rico, which includes technological innovation, multiple reforms to promote competitiveness and better infrastructure. His mission is to develop a favorable climate for industries and the workforce to prosper.
Secretary Laboy Rivera supervises multiples agencies, programs, offices and public corporations assigned to the DEDC, such as PRIDCO, Planning Board and the Local Redevelopment Authority for Roosevelt Roads, among other entities in process of consolidation. He is also a member in more than 20 Board of Directors and more than 10 governmental Work Committees.
He has 20 years of experience working in industries and sectors, such as manufacture, chemical production, life sciences, construction, public utilities, services exportation, renewable energy, infrastructure, technology and project management. Laboy Rivera has a Bachelor’s Degree in Chemical Engineering from the University of Puerto Rico, Mayagüez Campus; and a Master’s Degree in Business Administration from Turabo University, in Puerto Rico. He is a member of the Puerto Rico Professional College of Engineers and Land Surveyors (CIAPR, by its Spanish acronym).