Senate confirms Santiago Justiniano, former PRMA president, to head PRIDCO

Eric Santiago Justiniano

By The Star Staff

The island Senate on Wednesday confirmed Eric Santiago Justiniano as the new executive director of the Puerto Rico Industrial Development Company (PRIDCO).

Santiago Justiniano, who was president of the Manufacturers Association until his appointment as head of PRIDCO in January, highlighted at a recent legislative session his challenges and achievements since joining the agency.

“In these first 60 working days, we have received 56 offers or inquiries to establish operations in Puerto Rico,” Santiago Justiniano said. “The rentals, the income that PRIDCO plans to receive in the coming years, already has seen an increase of $2.6 million that will help us improve our finances so we can better serve the industry.”

The confirmed PRIDCO director added that the public corporation is actively evaluating strategies to adequately match resources with needs and to place more staff within the organization to enable it to add value and utilize the largest amount of federal funds as quickly as possible.