Puerto Rico Department of Economic Development and Commerce

Department of Economic Development and Commerce of Puerto Rico Department overview Formed June 22, 1994 (1994-06-22) Jurisdiction executive branch Headquarters San Juan, Puerto Rico Department executive Alberto Bacó Bagué, Secretary of Economic Development and Commerce Child agencies Industrial Development Company Tourism Company Trade and Export Company Key document Reorganization Plan No. 4 Website ddec.pr.gov Part of a series on the Executive branch of the government of Puerto Rico Office of the Governor Acting Governor Cabinet Chief of Staff Executive offices Governor's Advisory Board Lieutenant Governor Office of Management and Budget Planning Board Secretariat of Governance Chief of Staff AFICA Commission on Cooperative Development Commission on Safety and Public Protection Economic Development Bank Environmental Quality Board Federal Affairs Administration Financing of Housing Authority Financing of Puerto Rico Infrastructure Authority Government-owned corporations Government Development Bank Municipal Financing Agency Office of the Inspector General Public Financing Corporation Public-Private Partnerships Authority Secretariat of Governance Cabinet Agriculture Cabinet-level officers Chief of Staff Consumer Affairs Corrections and Rehabilitation Economic Development and Commerce Education Family Health Housing Justice Labor and Human Resources Natural and Environmental Resources Sports and Recreation State Transportation and Public Works Treasury Departments Agriculture Consumer Affairs Corrections and Rehabilitation Economic Development and Commerce Education Family Health Housing Justice Labor and Human Resources Natural and Environmental Resources Sports and Recreation State Transportation and Public Works Treasury Finances Bonds Budget Budget balance COFINA Consolidated Fund General Fund Government Development Bank Internal Revenue Code Public debt Public Improvements Fund Special State Funds Taxation Sales and Use Tax Processes & protocols Line of succession Transition process 2004 2008 2012 Other branches Judicial branch Legislative branch Part of a series on the Economy of Puerto Rico Economic history of Puerto Rico Currencies Primary sectors Agriculture Electricity Energy Fishing Secondary sectors Aerospace Automotives Construction Electronics Food service Pharmaceutics Petrochemicals PRIDCO Research Technology Textiles Tertiary sectors Banking Cooperativism Education Finance Healthcare Hotel Insurance Money transfers Mortgage Private security Public utilities Recreation Real estate Retail Social programs Telecommunications Tourism Transportation Warehousing Wholesale Entertainment Arts Filming Music News media Television Companies Companies of Puerto Rico Government-owned corporations Public–private partnerships Government Agencies Department of Economic Development and Commerce Department of Treasury Economic Development Bank Government-owned corporations Planning Board Office of Management and Budget Public–Private Partnerships Authority Assets Consolidated Fund General Fund Public Improvements Fund Special State Funds Bond issuers AFI AFICA Authority for the Financing of the Infrastructure of Puerto Rico COFINA Government Development Bank Municipal Financing Agency Public debt Balance Budget Bonds issued by Puerto Rico Debt crisis Public debt of Puerto Rico Taxes Internal Revenue Code Sales and Use Tax Taxation in Puerto Rico Trade associations Chamber of Commerce Chamber of Marketing, Industry, and Distribution of Food Made in Puerto Rico MIDA Manufacturers Association Puerto Rico Products Association United Retailers Center

The Department of Economic Development and Commerce of Puerto Rico (Spanish: Departamento de Desarrollo Económico y Comercio de Puerto Rico) is the executive department of the government of Puerto Rico responsible for the economic development of Puerto Rico and all its commerce related matters.

History

The Department of Economic Development and Commerce was created by Pedro Rosselló in 1994 as an umbrella organization under which several economic development agencies would operate in a more coordinated fashion. Its first Secretary was Luis Fortuño, who appointed its former head, José Pérez Riera, after being elected Governor in 2008.

Agencies

Among the agencies under its jurisdiction is the Puerto Rico Industrial Development Company (PRIDCO), the Puerto Rico Tourism Company, the Puerto Rico Trade and Export Company and several smaller agencies dealing with cooperatives and horse-racing.

Secretary

Main articles: Secretary of Economic Development and Commerce of Puerto Rico and List of Secretaries of Economic Development and Commerce of Puerto Rico

• 1994–1999: Luis Fortuño
• 2005–2009: Bartolomé Gamundi

• 2009–2013: José R. Pérez Riera
• 2013–present: Alberto Bacó Bagué

External links

• ddec.pr.gov - Official site of the Department of Economic Development and Commerce