Eng. Manuel A. Laboy Rivera is the Secretary of the Department of Economic Development and Commerce (DEDC) and Executive Director of the Puerto Rico Industrial Development Company (PRIDCO) with the mission to attract new investment, promote the creation of new jobs, and strengthening of small and medium enterprises. He is responsible for the formulation and strategic implementation of the Puerto Rico economic development plan, including competitiveness-related reform, infrastructure projects and the innovation of technology agenda. Secretary Laboy Rivera oversees over seven government instrumentalities that include agencies and public corporations.
He is an active member of different Boards of Directors such as:
- Puerto Rico Industrial Development Company (PRIDCO)
- Economic Development Bank
- Science and Technology Trust
- Port of Las Americas
- The Bioprocess Development and Training Complex (BDTC)
- Local Redevelopment Authority of Roosevelt Roads
Engineer Laboy Rivera served in the administration of former Governor of Puerto Rico Luis Fortuño as an assistant secretary of the Department of Economic and Commerce. He is a licensed professional engineer with 19 years of experience in various industries and sectors, including manufacturing, chemical production, life sciences (pharmaceutical, biotechnology and medical devices), construction, public utilities, export services, renewable energy, infrastructure, technology and project management.
Engineer Laboy Rivera has a Bachelor’s Degree in Chemical Engineering from the University of Puerto Rico-Mayagüez Campus, a Master’s in Business Administration from the University of Turabo in Puerto Rico. He is also a member of the College of Engineers and Surveyors of Puerto Rico, and holds a Certified Safety Professional certification from the Board of Certified Safety Professionals.