Puerto Rico is opened for business!! … “how tech companies and private capital are poised to reshape the US colony.” … Remember this: P3s …
‘The PROMESA bill, which was enacted by the US Congress to deal with the debt crisis, paved the way for these government assets to be sold, or simply handed over, to private industry to repair, operate, and manage.’
Or “how tech companies and private capital are poised to reshape the US colony.” In The Nation, Yarimar Bonilla offers an analysis of Puerto Rico’s present state of affairs and the designs that various sectors have on the “fantasy blank slate” after Hurricane Maria.
Puerto Rico is open for business. So declared leaders from the devastated island on February 15 at an investors’ conference convened to explore the opportunities generated by what was described as “the greatest disaster in US modern history.” The event, in New York City, was organized by the Financial Times and Puerto Rico’s Department of Economic Development and Commerce, and it featured Governor Ricardo Rosselló Nevares and several members of his cabinet, who addressed a room of corporate investors eager to learn about the role they could play in Puerto Rico’s economic future. With sleek PowerPoint presentations and relentless optimism, government figures described the post-hurricane context…
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