Over the past decade, China has become an increasingly integral source of aid and foreign direct investment (FDI) for Latin America and the Caribbean. Rising levels of FDI and trade over time reflect deepening relationships between China and the Caribbean.
On March 1 to March 13, 2017, a large group of business owners and senior executives from China and top regional and local stakeholders from Puerto Rico were brought together in San Juan, Puerto Rico. “It was an honor to present two of the most exciting resort projects in Puerto Rico; Royal Isabela Resort and Coco Beach Golf and Residences”, noted Adam Greenfader.
During the China-Puerto Rico Investment Forum held at the Convention Center, investors had questions not only about business opportunities but also about costs, incentives and the opportunity of being able to launch their products in the U.S. market. At a time when federal funds from Washington, D.C., are being limited and the island has been cut off from the markets, Puerto Rico’s economic development will depend heavily on its ability to attract foreign investment, Putnam Bridge CEO Nicholas Prouty explained while noting Puerto Rico’s numerous benefits as a U.S. jurisdiction.
Photos Below: Adam Greenfader with Governor Ricardo Rosselló, Li, and Luguang Yang Carter