Puerto Rico Industrial Development Company

[2][3] As PREDA continued to transform Puerto Rico, PRIDCO eventually became an independent agency.

Today, PRIDCO also oversees the program to promote Puerto Rican rums which enjoy cover-over subsidies when sold in the United States.

In 2019, the agency was tasked with creating a database of business owners who are veterans of the United States military with a mandate to adhere to a law that requires supporting and helping veteran business owners.

[5] In August, 2019 employees of PRIDCO protested against the direction of PROMESA, the non-elected board working on restructuring Puerto Rico's debt.

[6][7] In early 2020, the police were investigating the illegal transfer of funds by PRIDCO to overseas accounts.