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BBVA promotes investment opportunities in Puerto Rico
- BBVA is one of the largest drivers of foreign investment in Puerto Rico and of the public-private partnership plan for carrying out infrastructure and energy projects in that country
- The CEO of BBVA, Ángel Cano, emphasized the importance of these meetings to facilitate entrepreneurial dialogue
- BBVA Puerto Rico is part of the US division, one of the business areas with the greatest strategic projection for the Group
During his visit with the delegation, the Chief Executive Officer of BBVA, Ángel Cano, emphasized the importance of these meetings to facilitate entrepreneurial dialogue.
BBVA has operated in Puerto Rico for over three decades. In fact, the group’s first subsidiary in the Americas was opened in that country. BBVA Puerto Rico is presently part of the United States business division, one of the areas with the greatest strategic projection.
Through its support for foreign investment and particularly the public-private partnership plan to undertake a wide variety of infrastructure and energy projects, BBVA is one of the leading backers of the Puerto Rican government’s efforts to boost the economy of the island. BBVA brings to the table its excellent relations with the leading companies in these sectors, not only in Spain but internationally, and its proven experience in structuring and financing infrastructure projects that combine public and private investment.
As part of these collaboration efforts, the meeting brought together Governor Luis Fortuño, the top Puerto Rican authority, his economic team, a delegation of Puerto Rican entrepreneurs and representatives of the leading Spanish energy and infrastructure companies. The meeting included an in-depth discussion of projects such as Highway PR-22, the Luis Muñoz Marín International Airport and opportunities in energy and water distribution.
BBVA in Puerto Rico
BBVA Puerto Rico has 36 branch offices throughout the island and offers products and services to over 250,000 customers, including both individuals and local and multinational companies. BBVA Puerto Rico manages assets of approximately $5 billion.