Is This Island China’s Next Caribbean Investment Target?

Above: San Juan (CJ Photo)

By the Caribbean Journal staff

Is Puerto Rico China’s next investment target in the Caribbean?

A 16-member business delegation from China is visiting the island all week, the government said.

The delegation includes businessmen from a range of industries from real estate to tourism, including Adam Wu, CEO of the Chian Business Network, among others.

A host team from the Puerto Rico Tourism Company, economic development officers and the island’s Industrial Development Company has been meeting with the Chinese delegation, which is visiting several projects in Puerto Rico and Vieques.

“We continue to project all that Puerto Rico offers as a tourist and business destination while we work establish more connection routes to allow the island to continue positioning itself worldwide,” said Ingrid Rivera Rocafort, executive director of the Puerto Rico Tourism Company.

The delegation will also be visiting the island’s high-profile ETI International Tourism Expo in San Juan this week.

“Puerto Rico continues to arouse interest at the international level,” said Alberto Bacus of Puerto Rico’s Department of Economic Development and Commerce. “We are confident that we will conclude projects that promote the development of the Puerto Rican economy. We are working all possible flanks, to fill all the bases, move strategically and have this running.”