Allow open visas from Hong Kong. They know how to trade. Have fixed tax rate at 15% maximum. Get rid of all the current government. Have an appointed Territorial Governor, no elections, just a set of laws that apply to everyone as Hong Kong had as a Crown Colony. Legal equal rights for the individual is necessary, not democracy. m/r
How to turn Puerto Rico into Hong Kong
Territory seeks private companies to run ports, airports, ferries, and more; utilities could be next
By Heather Gillers June 26, 2017
Puerto Rico has no cash and can’t borrow money anymore. So it is looking to sell itself off in parts.
The
troubled U.S. territory is preparing to seek bids in coming months from
private companies willing to operate or improve seaports, regional
airports, water meters, student housing, traffic-fine collections,
parking spaces and a passenger ferry, according to a government
presentation reviewed by The Wall Street Journal.
The goal is to
attract more than $500 million in investment starting this summer,
according to a spokesman for the Puerto Rico Public-Private Partnerships
Authority. Future possibilities include the island’s power utility,
water and sewer system and waste management, according to presentations
made in April to private investors.
Puerto
Rico officials haven’t disclosed exactly how they plan to use any
proceeds. The government currently needs cash to pay down debt, run
operations and for other purposes.
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