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PR Conference 2010 Presentation-12-04-09 Conference 2010 Presentation... · 2010-09-09 · 3 Puerto Rico Conference History The 2006 PR Conference “Investment for Development”

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Page 1: PR Conference 2010 Presentation-12-04-09 Conference 2010 Presentation... · 2010-09-09 · 3 Puerto Rico Conference History The 2006 PR Conference “Investment for Development”

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Page 2: PR Conference 2010 Presentation-12-04-09 Conference 2010 Presentation... · 2010-09-09 · 3 Puerto Rico Conference History The 2006 PR Conference “Investment for Development”

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INDEX

PuertoRicoConferenceHistoryPuertoRicoConference2010:

•WhenandWhere

•StrategicAlliancewithBabsonCollege

•Why:EntrepreneurshipforGrowth

•MainTopics

•MembersofthePRConference2010CommiJee

PuertoRico’sValueProposiMon

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PuertoRicoConferenceHistory

The2006PRConference“InvestmentforDevelopment”wasanoutstandingsuccessforthe

PuertoChamberofCommerceanditsfirst‐everinvestmentconferenceshowcasingtheadvantagesthat

PuertoRicohastooffertoinvestors.

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PuertoRicoConferenceHistory

PuertoRicoConference2006

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PuertoRicoConferenceHistory

PuertoRicoConference2006

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PuertoRicoConferenceHistory

ThePRConference2008“InvestmentforGrowth”wasthemostsignificanteconomiceventthe

PuertoChamberofCommercecelebratedintheIsland.HundredsofdomesMcandforeigninvestors

parMcipatedintheevent.

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PuertoRicoConferenceHistory

PuertoRicoConference2008

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PuertoRicoConferenceHistory

PuertoRicoConference2008

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PuertoRicoConferenceHistory

PuertoRicoConference2008

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Page 11: PR Conference 2010 Presentation-12-04-09 Conference 2010 Presentation... · 2010-09-09 · 3 Puerto Rico Conference History The 2006 PR Conference “Investment for Development”

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WhenandWhere

CocktailandVIPDinner:•Tuesdayevening,March23,2010

PRConference2010:“EntrepreneurshipforGrowth”•Wednesday,March24,2010•7:30AM–5:00PM

AttheConradSanJuanCondadoPlazaHotel

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StrategicAlliancewithBabsonCollege

WehavesignedanMOUwithBabsonCollegetoformaStrategicAlliancetopromoteandnurtureentrepreneurshipinPuertoRico.

WewillholdpressconferenceinBabson'sCollegeinBostontoannouncethisallianceinDecember;BabsonwillprovidetheirfacultyandcontactstoaJractparMcipantstoourconference.

Dr.DanielIsenbergwillbedesignatedastheVice‐ChairmanofthePRConference2010andBabson’sPresidentLeonardA.Schlesingerwillbeourkeynotespeaker.

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PromoMngEntrepreneurship

EntrepreneurshipismorethanjustanacademicdisciplineatBabson‐it'sawayoflife.ConnecMngtheorywithpracMce‐theyinfuseentrepreneurshipeducaMonthroughouttheircurriculaandcocurricularacMviMes.Theskillslearnedthroughtheirentrepreneurshipprogramsarevitaltothesuccessofanybusiness–largeorsmall,publicorprivate,corporateornonprofit,localorglobal.

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PromoMngEntrepreneurship

TherearetwocentersatBabsondedicatedtoconMnuallyadvancinginsMtuMon'sworkinentrepreneurship:

TheArthurM.BlankCenterforEntrepreneurshipatBabson,thefirstentrepreneurshipcenterestablishedatanacademicinsMtuMon,providesresourcesforstudentsandalumni,andsharesappliedresearchwiththeworld.

TheLewisInsMtuteextendstheirleadershipinsocialentrepreneurship,examiningandsolvingglobalproblemsthroughentrepreneurship.

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MainTopics

TheEconomicWorldStage2010OutlookThePuertoRicoInvestmentClimateEntrepreneurialThought,andAcMonandEconomicDevelopmentNewOpportuniMesofInvesMnginPuertoRico:OutliningtheBenefitsofLocalInvestmentManufacturingandLifeScienceSector:“HigherGrowthandEmergingIndustryOpportuniMes”HealthCare&InsuranceSector:“MedicalTourismandCapMveInsurance,Re‐Insurance”

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MainTopics

TakingAdvantageofthePublicPrivatePartnershipsPuertoRico’sGlobalCompeMMveness:“NowandintotheFuture”ServiceSector:“PuertoRicoasanEconomyofExporMngKnowledge”Wholesale&RetailSector:“AUniqueInvestmentOpportunity”AccesstoCapital:“VentureCapital,PrivateEquity,FinancingandAngelInvesMng”PuertoRicoLeadingEntrepreneurs:“LocalSuccessStories”

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StrategicAlliancewithBabsonCollege

BabsonCollegewillparMcipateinthepromoMon,planningandorganizaMonofthePRConference2010

2‐4facultymemberstoserveasspeakers

MarkeMngeffortstopromotethePRConference2010:

•PressConferenceintheircampus•ThruEmailcommunicaMonstoAlumniandFaculty•AllowPRCCtouseofitsnameforpromoMonalpurposes

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MembersofthePRConference2010CommiJee

Chairman,FranciscoRodriguez‐CastroManagingDirectorInsMtuMonal&WealthManagementBusinessDevelopmentUBSInternaMonal&PuertoRico

ViceChairman,Dr.DanielJ.IsenbergProfessorofManagementPracMceAcademicDivisionEntrepreneurshipTheArthurM.BlanckCenterforEntrepreneurshipBabsonCollege

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MembersofthePRConference2010CommiJee

ProductManager,SandraGonzálezDirectorofMarkeMng&SalesPuertoRicoChamberofCommerce

FinanceDirector,FranciscoS.CabreraDirectorofAccounMng&FinancePuerto Rico Chamber of Commerce

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MembersofthePRConference2010CommiJee

LuisE.GauMerLloveras,GrupoFerréRangel/ElNuevoDíaBartoloméGamundiEdgardoFábregas,Fábregas&CintrónGroup,Corp.JuanAcosta,CPA,Acosta&Ramírez,CSPAgnesSuarez,Carrión,LafiJe&CasellasLymarisOtero,4Strategic,Inc.CesarA.González,Esq.,FiddlerGonzález&Rodriguez,PSCJorgeCañellas,Esq.,Ernst&YoungRaúlBustamante,ConradSanJuanCondadoPlaza

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PuertoRico’sValueProposiMon

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StrongFoundaMonforEconomicGrowthSolidbaseforbuildingthefutureeconomy

PuertoRicoalreadypossessesmanyenMcingcharacterisMcsforaJracMngnewinvestment:

•BenefitsUnderU.S.JurisdicMon/Laws•AdvantageousTaxandCostStructure•FavorableLocaMonandDemographics•LifeScienceIndustryLeader•WorldClassAmeniMes

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FavorableLocaMon‐GeographyStrategicloca6on–bridgebetweenNorthAmerica,EuropeandLa6nAmerica

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FavorableLocaMon‐GeographyIntrinsicappeal

AJracMveenvironmenttore‐locateandvisit:•Idealclimate:averagetemperature83°Finwinter,85°Finsummer•Diverseterrain:coastline,centralmountains,onlyrainforestunderU.S.NaMonalForestService•Beachesrankedamongbestintheworld

Amplenaturalresources

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FavorableLocaMon‐GeographyIntrinsicappeal

•100%digitalswitchingtelecommunicaMonsnetwork•FiberopMccablethroughoutisland•Oneofthemostefficientfinancialinfrastructuresinthehemisphere‐564branches;1,334automaMctellermachines;and44,308pointsofsale•PortofSanJuan–Oneofthebusiestcontainerportsinthewesternhemisphere•40shippinglinesprovidingserviceto80domesMcandforeignports•Urbantrainsystem

•RobustairportsthatserveasthegatewaytotheCaribbeanandhavemorethan4,300localandinternaMonalflightspermonthisland‐wide•Comprehensivehighwaysystemthatensuresnopointismorethan2hoursfromseaportorairport•Naturalgaspipelinenearlycomplete–willreduceenergycostsinnearterm

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BenefitsUnderU.S.JurisdicMon/LawsBestlegalprotec6onforbusiness

U.S.ConsMtuMonalandLegalProtecMonU.S.CurrencyandBankingSystemU.S.IntellectualPropertyProtecMonU.S.FederalCourtPresenceLocatedwithinU.S.CustomsBordersParMcipaMoninU.S.TradeAgreementsAccesstoU.S.FederalFundsandGrantsforInfrastructure,SocialPrograms,EducaMon,Research,andmore

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AdvantageousTaxandCostStructureAuniquevalueproposi6onformul6na6onalcompanies

ForeignTaxStructure•Nofederalincometax•ControlledForeignCorporaMon(CFC)treatment•FlexibilitytodeveloplocaltaxincenMvelaws

CostcompeMMvenessrelaMvetheU.S.•AveragecostofbusinessinPRis10.9%lowerthannaMonalaverage•SanJuanistheleastexpensivelargeU.S.citytodobusiness

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SkilledWorkforceHighly‐educatedworkforceandoutstandinguniversitysystem

TwoofthetwentylargestundergraduateengineeringprogramsintheUnitedStates:•TheUniversityofPuertoRico,MayaguezCampus•PolytechnicUniversityofPuertoRico

Over23,000highereducaMondegreesperyear

Over9,000graduatesperyearinscience,engineering,andtechnicaldegrees

ThreemedicalschoolswithU.S.accreditaMonallconducMngNIHandNSFfundedresearch

BroadlocalexperMseinmanufacturing,scienceandresearch,financeandlaw,andengineeringandconstrucMon

BilingualpopulaMon

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SophisMcatedIndustries

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ManufacturingManufacturingtheproductsoftomorrow

Centerforcomplex,high‐techgoodsmanufacturingthatrequiresspecializedskillsets

LeveragingandintegraMngscience,technology,andR&Dfocuswiththemanufacturingsector

Excellenceintargetindustries:•Chemicalandbiologicaldrugdevelopment•Biotechandmedicaldevices•AerospaceandcommunicaMonscomponents•Renewableenergytechnologies

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LifeScienceIndustryLeaderMorethan50%oftheFortune100companieshaveopera6onsontheisland

Thirteenofthetop20blockbusterprescripMondrugsSixofthetop10biologicsHalfofallpacemakersanddefibrillatorssoldintheUSConMnuingpharmaceuMcalinvestment:$4billioninlast5years

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Morethan38,000directjobsintheLifeSciencesIndustry,accounMngfor8%oftotalU.S.employmentinthissector.

Over100,000indirectjobsservingtheLifeSciencescommunityinsuchareasasconstrucMon,projectmanagement,validaMonsandcommissioning,packaging,rawmaterials,financialandlegalservices,andothers.

OurLifeScienceCapabiliMesandIndustrialEcosystem

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WorkforcewithsignificantexperMseinGMP’s,processdevelopment,automaMon,qualitycontrol/assurance,FDAandEMEAregulatorycompliance,packaging,warehousing,andothers.

OneofonlyfourU.S.jurisdicMonsconsideredspecializedinthreebiosciencesubsectors(DrugsandPharmaceuMcals,MedicalDevicesandEquipments,andResearch).

OurLifeScienceCapabiliMesandIndustrialEcosystem

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WorldClassAmeniMes

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TourismPuertoRicoasthedes6na6onofchoiceintheCaribbean

Improvingserviceandquality

DiversificaMon•Offeringsthatcatertotheneedsofalltravelers:economy,mid‐market,andluxury/fivestarcategoryproperMes•Complementaryproductofferings:Mmeshares,vacaMonclubs,condohotels,rentalmanagement,andbrandedresidenMal•RegionalofferingsbeyondtheSanJuanMetropolitanarea

Expansionoftargetmarkets•IncreaseindomesMcandinternaMonalairtravelroutes•Increasehomeportandportofcallcruises,andpreandpostvisits•Nichemarkets,e.g.medicaltourism,sportsandaquaMctourism,andecotourismandgaming