Master Developer, Manager and Operations Services for the Puerto Rico Ocean Technology Complex Yabucoa, Puerto Rico.
The Government of Puerto Rico, through the Department of Economic Development and Commerce (“DDEC”, for its Spanish acronym) and the Puerto Rico Land Administration (PRLA), is issuing this Request for Qualifications (“RFQ”) to obtain Statements of Qualifications (“SOQs”) (collectively, a “Submission”) from highly qualified developers that have the expertise and ability to design, build, operate, maintain and finance the PUERTO RICO OCEAN TECHNOLOGY COMPLEX (“PROTECH”), one of the most exciting and innovative development opportunities anywhere. More specifically, the DDEC is soliciting Submissions from companies interested in developing the entire project comprised of mixed-use planning mostly related to deep seawater industries and sustainable strategies, including an ocean thermal energy conversion plant, which amounts to a potential investment of over $300MM, through the long term lease of approximately two hundred and fifteen (215) acres of land owned by the PRLA, around the Yabucoa Port in the eastern region of Puerto Rico (see Exhibit 1).
The DDEC, as the leading entity in the executive branch of the Government of Puerto Rico that establishes the vision and public policy of economic development and serves as coordinator and integrator of the strategies and initiatives of its affiliated entities, is publishing this RFQ with the PRLA, which owns the land selected as the ideal plot for the PROTECH development. The PRLA is a public corporation established since 1962 with the mission of creating land reserves to promote urban, economic and social development as well as environmental conservation and historic preservation, through the development of projects that contribute to the well-being and quality of life of the Island’s inhabitants. The DDEC and the PRLA have been instrumental in the development of Puerto Rico’s most ambitious development projects
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