Public corporations of the Government of Puerto Rico
Encyclopedia


In Puerto Rico
Puerto Rico
Puerto Rico , officially the Commonwealth of Puerto Rico , is an unincorporated territory of the United States, located in the northeastern Caribbean, east of the Dominican Republic and west of both the United States Virgin Islands and the British Virgin Islands.Puerto Rico comprises an...

, Public corporations are separate legal entities owned, either entirely or in a large majority, by the Government of the Commonwealth of Puerto Rico
Government of Puerto Rico
The Government of Puerto Rico is a republican form of government subject to U.S. jurisdiction and sovereignty. Its current powers are all delegated by the United States Congress and lack full protection under the United States Constitution...

. These corporations are created to serve a public service, such as electricity, water, public financing, education, transportation, or public lands real estate. Such corporations can be owned either by the central government of the Commonwealth of Puerto Rico or by one of its 78 municipalities
Municipalities of Puerto Rico
The Municipalities of Puerto Rico number 78 and they make up the smallest electoral division of the Commonwealth. Each municipality is divided into barrios, though the latter are not vested with political authority.-Administrative divisions:...

.

List of state-run public corporations in Puerto Rico

The following is a list of public corporations owned by the government of the Commonwealth of Puerto Rico. As of 2006, the government of the Commonwealth of Puerto Rico owned 47 major corporations:
  • Puerto Rico Electric Power Authority (PREPA, Autoridad de Energia Electrica (AEE) in Spanish
    Spanish language
    Spanish , also known as Castilian , is a Romance language in the Ibero-Romance group that evolved from several languages and dialects in central-northern Iberia around the 9th century and gradually spread with the expansion of the Kingdom of Castile into central and southern Iberia during the...

    ) – Official websites: www.prepa.com (in English); www.aeepr.com (in Spanish)
    • Executive Director
      Executive director
      Executive director is a term sometimes applied to the chief executive officer or managing director of an organization, company, or corporation. It is widely used in North American non-profit organizations, though in recent decades many U.S. nonprofits have adopted the title "President/CEO"...

       Ing. Miguel Cordero
  • Puerto Rico Aqueducts and Sewers Authority (PRASA, Autoridad de Acueductos y Alcantarillados (AAA) in Spanish) – Official website: www.acueductospr.com (in Spanish)
    • Executive President
      Executive president
      An executive president is a president who exercises active executive power in a certain systems of government. Executive presidents are active in day-to-day governance of a nation, and are usually popularly elected....

       Ing. Jose Ortiz
  • Puerto Rico Public Buildings Authority (PBA, Autoridad de Edificios Publicos (AEP) in Spanish) – Official website: www.aep.gobierno.pr (in Spanish)
  • Puerto Rico Ports Authority (Autoridad de Puertos in Spanish) – Official website: www.prpa.gobierno.pr
  • Puerto Rico Government Development Bank
    Puerto Rico Government Development Bank
    The Government Development Bank of Puerto Rico was the brainchild of Governor Rexford Guy Tugwell, who signed Law 252 of May 13, 1942, creating the institution in charge of economic development for the Government of Puerto Rico...

     (GDB, Banco Gubernamental de Fomento (BGF) in Spanish) – Official website: www.gdb-pur.com
  • University of Puerto Rico
    University of Puerto Rico
    The University of Puerto Rico is the state university system of Puerto Rico. The system consists of 11 campuses and has approximately 64,511 students and 5,300 faculty members...

     (UPR, Universidad de Puerto Rico in Spanish), who also owns:
    • Comprehensive Cancer Center (Centro Comprensivo de Cáncer in Spanish)
  • Puerto Rico Industrial Development Company
    Puerto Rico Industrial Development Company
    The Puerto Rico Industrial Development Company , along with the Puerto Rico Government Development Bank , was created by the government of Puerto Rico in 1942, during the administration of Governor Rexford G...

     (PRIDCO, Compañía de Fomento Industrial, or simply Fomento, in Spanish) – Official website: www.pridco.com
  • Metropolitan Bus Authority
    Autoridad Metropolitana de Autobuses
    Autoridad Metropolitana de Autobuses or by its initials in Spanish, AMA, is a public bus transit system based in San Juan, Puerto Rico. It is operated by the Department of Transportation and Public Works of Puerto Rico....

     (MBA, Autoridad Metropolitana de Autobuses (AMA) in Spanish)
  • Health Insurance Administration (Administracion de Seguros de Salud in Spanish) in Spanish), administrator of the Puerto Rico Health Reform
    Puerto Rico Health Reform
    The Puerto Rico Health Reform , locally referred to simply as the Reform is a government-run program which provides medical and healthcare services to indigent and impoverished citizens of Puerto Rico by means of contracting private health insurance companies, as opposed to the traditional system of...

    .
  • Commerce and Export Company of Puerto Rico (Compañía de Comercio y Exportación de Puerto Rico in Spanish)
  • Corporation for the Development of the Arts, Sciences, and Cinematographic Industry (Corporación para el Desarrollo de las Artes, Ciencias e Industria Cinematográfica)
  • Roads and Transportation Authority (Autoridad de Carreteras y Transportación (ACT) in Spanish)
  • Agricultural Insurance Corporation (Corporación de Seguros Agrícolas in Spanish)
  • Rural Development Corporation (Corporación para el Desarrollo Rural in Spanish)
  • Lands Authority (Autoridad de Tierras in Spanish)
  • Lands Administration (Administración de Terrenos in Spanish)
  • Puerto Rico Tourism Company
    Puerto Rico Tourism Company
    The Puerto Rico Tourism Company was created during Governor Luis A. Ferré's administration to coordinate the marketing and growth of Puerto Rico's tourism sector...

     (Compañía de Turismo in Spanish)
  • Maritime Transport Authority (Autoridad de Transporte Marítimo in Spanish)
  • Puerto Rico Convention Center District Authority (Autoridad del Distrito del Centro de Convenciones de P.R. in Spanish), owner of the Puerto Rico Convention Center
    Puerto Rico Convention Center
    The Dr. Pedro Rosselló González, Puerto Rico Convention Center is a convention center located in Isla Grande , in San Juan, Puerto Rico owned by the Puerto Rico Convention District Authority, a government agency of Puerto Rico, and...

     and its surrounding lands.
  • Solid Waste Authority (Autoridad de Desperdicios Sólidos in Spanish)
  • Caribbean Basin Project Financing Authority (Autoridad para el Financiamiento de Proyectos en la Cuenca del Caribe in Spanish)
  • Municipal Financing Agency (Agencia de Financiamiento Municipal in Spanish)
  • Industrial and Medical Facilities for the Education and Control of Environmental Contamination Financing Authority (Autoridad para el Financiamiento de Facilidades Industriales, Médicas, para la Educación y Control de la Contaminación Ambiental in Spanish)
  • Infrastructure of Puerto Rico Financing Authority (Autoridad para el Financiamiento de la Infraestructura de Puerto Rico in Spanish)
  • Housing Financing Authority (Autoridad para el Financiamiento de la Vivienda in Spanish)
  • Public Financing Corporation (Corporación para el Financiamiento Público in Spanish)
  • Economic Development Bank of Puerto Rico (Banco de Desarrollo Económico de Puerto Rico in Spanish)
  • Corporation for the Revitalization of Urban Centers and Urban Areas (Corporación para la Revitalización de los Centros Urbanos y Áreas Urbanas in Spanish)
  • Right to Employment Administration (Administración del Derecho al Trabajo in Spanish)
  • National Parks Company (Compañía de Parques Nacionales in Spanish)
  • Corporation of Industries of the Blind and Mentally Retarded and Handicapped (Corporación de Industrias de Ciegos, Personas Mentalmente Retardadas e Incapacitadas in Spanish)
  • Cardiovascular Center of Puerto Rico and the Caribbean Corporation (Corporación del Centro Cardiovascular de Puerto Rico y el Caribe in Spanish)
  • Medical Services Administration of Puerto Rico (Administración de Servicios Médicos de Puerto Rico in Spanish)
  • Puerto Rico National Guard
    Puerto Rico National Guard
    The Puerto Rico National Guard is the component of the United States National Guard in the U.S. Territory of Puerto Rico. It comprises both Army and Air National Guard components with a total authorized strength of 10,000 soldiers and airmen. The Constitution of the United States specifically...

     Institutional Trust (Fideicomiso Institucional de la Guardia Nacional de Puerto Rico in Spanish)
  • Training and Work Enterprises Corporation (Corporación de Empresas de Adiestramiento y Trabajo in Spanish)
  • Puerto Rico Credit Unions Supervision and Insurance Corporation (Corporación para la Supervisión y Seguros de Cooperativas de Puerto Rico (COSSEC) in Spanish), is similar in nature and authority to the National Credit Union Administration
    National Credit Union Administration
    The National Credit Union Administration is the United States independent federal agency that supervises and charters federal credit unions...

     (NCUA) in the U.S.
  • Port of the Americas Administration (Autoridad del Puerto de las Américas in Spanish), administrator of the Port of the Americas currently under construction in Ponce
    Ponce, Puerto Rico
    Ponce is both a city and a municipality in the southern part of Puerto Rico. The city is the seat of the municipal government.The city of Ponce, the fourth most populated in Puerto Rico, and the most populated outside of the San Juan metropolitan area, is named for Juan Ponce de León y Loayza, the...

  • Integral Development for the Cantera Peninsula Company (Compañía para el Desarrollo Integral de la Península de Cantera in Spanish)
  • Conservatory of Music Corporation (Corporación del Conservatorio de Música in Spanish), owner of the Conservatory of Music of Puerto Rico
    Conservatory of Music of Puerto Rico
    The Conservatory of Music of Puerto Rico is a public institution of higher learning located in the historic Miramar a town in San Juan, Puerto Rico...

  • Musical Arts Corporation (Corporación de las Artes Musicales in Spanish), who also owns:
    • Musical Scenic Arts Corporation (Corporación de las Artes Escénico Musicales in Spanish)
    • Symphony Orchestra Corporation (Corporación de la Orquesta Sinfónica in Spanish), administrator of the Puerto Rico Symphony Orchestra
      Puerto Rico Symphony Orchestra
      The Puerto Rico Symphony Orchestra is Puerto Rico’s foremost musical ensemble, and one of the most renowned orchestras of the Americas...

       (PRSO).
  • Puerto Rican Culture Institute (Instituto de Cultura Puertorriqueña (ICP) in Spanish), who also owns:
    • Plastic Arts School (Escuela de Artes Plásticas in Spanish)
    • Performing Arts Center Corporation (Corporación del Centro de Bellas Artes in Spanish), owner of the Luis A. Ferré Performing Arts Center
      Luis A. Ferré Performing Arts Center
      The Luis A. Ferré Performing Arts Center, or Centro de Bellas Artes Luis A. Ferré in Spanish, is a multi-use performance centre located Santurce, San Juan, Puerto Rico. It features three main concert and theater halls for performing arts displays, including ballet, plays, operas and concerts, as...

      .
  • Puerto Rico Public Broadcasting Corporation (Corporación de Puerto Rico para la Difusión Pública in Spanish)
  • Auto Accident Compensation Administration
    Puerto Rico Automobile Accident Compensation Administration
    The Puerto Rico Automobile Accident Compensation Administration is a public corporation that provides compensation for the medical and disability expenses resulting from traffic accidents in Puerto Rico...

     (Administración de Compensaciones por Accidentes de Automóviles, or ACAA, in Spanish), administrator of the state car insurance program
  • Commonwealth Insurance Fund Corporation (Corporación del Fondo del Seguro del Estado, or CFSE, in Spanish), administrator of Commonwealth workers compensation insurance
  • ELA Linguistic Planning Institute (Instituto de Planificación Linguística del ELA in Spanish)
  • Caño Martín Peña ENLACE Project Corporation (Corporación del Proyecto ENLACE del Caño Martín Peña in Spanish)
  • Roosevelt Roads Naval Station
    Roosevelt Roads Naval Station
    Roosevelt Roads Naval Station is a former United States military air base in the town of Ceiba, Puerto Rico. The site is run today as José Aponte de la Torre Airport, a public use airport.-History:...

     Lands and Facilities Redevelopment Authority (Autoridad para el Redesarrollo de los Terrenos y Facilidades de la Estación Naval Roosevelt Roads in Spanish)
  • Comisión para la Seguridad en el Tránsito
  • Departamento de Transportación y Obras Publicas

List of other public corporations in Puerto Rico

  • Port of Ponce, owned by the Municipality of Ponce.

See also

  • Executive Departments of the Government of Puerto Rico
    Executive Departments of the Government of Puerto Rico
    The Executive Branch of the Government of Puerto Rico comprises various Departments which provide public services to the citizens of Puerto Rico. Currently, there are 16 main departments, each with their own sub-agencies and divisions...

  • Politics of Puerto Rico
    Politics of Puerto Rico
    The politics of Puerto Rico take place in the framework of a republican democratic form of government that is under the jurisdiction and sovereignty of the United States of America as an organized unincorporated territory....


External links

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