Secretary of Economic Development and Commerce of Puerto Rico

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Secretary of Economic Development and Commerce of Puerto Rico
Manuel Cidre.png
Incumbent
Manuel Cidre
Department of Economic Development and Commerce
Nominator Governor
Appointer Governor
with advice and consent from the Senate
Term length 4 years
FormationEstablished by Reorganization Plan No. 4
Succession Seventh
Salary$80,000 USD [1]
Website ddec.pr.gov

The Secretary of Economic Development and Commerce of Puerto Rico heads the Puerto Rico Department of Economic Development and Commerce and is the chief economist of the government of Puerto Rico. The Secretary is responsible for the economic development of Puerto Rico and all its commerce related matters.

As of 2025, the Secretary is Sebastián Negrón-Reichard, who took office in January of that year. He holds degrees from the Wharton School of the University of Pennsylvania (B.S. in Economics and B.A. in International Studies), as well as a J.D. and M.B.A. from Harvard Law School and Harvard Business School. His administration has focused on updating economic procedures, encouraging foreign investment, and promoting Puerto Rico as a center for manufacturing and advanced industries. [2] [3]

References

  1. ↑ "Archived copy" (PDF). www.pr.gov. Archived from the original (PDF) on 1 June 2010. Retrieved 13 January 2022.{{cite web}}: CS1 maint: archived copy as title (link)
  2. ↑ "DDEC outlines results of 1st 100 days, focusing on reshoring, creating jobs". News is My Business. 2025-04-09. Retrieved 2025-06-11.
  3. ↑ "NEW of PRFAA - PR Federal Affairs Administration-2-21-2025". www.prfaa.pr.gov. Retrieved 2025-06-11.
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