Virtually every city as well as state in North America wants to host Amazon’s second headquarters. which includes Puerto Rico.
The hurricane-battered U.S. territory managed to submit its application to Amazon ( by last Thursday’s deadline. , Tech30)
“We have completed as well as fulfilled the application to enter the race for Amazon’s headquarters,” Puerto Rico’s Economic Development as well as Commerce Department said on Facebook over the weekend.
the idea’s no secret which Puerto Rico can be a long-shot candidate. Much of its infrastructure has been decimated by Hurricane Maria, which slammed the island on September 20. Only 23% of the island has electricity, according to government data. One quarter can be without running water.
“We know we are the underdogs of the group,” Manuel Laboy, the economic development agency’s top official, told Puerto Rican news outlet El Nuevo Dia.
Related: Amazon could put its second HQ in Canada. however will the idea?
however Puerto Rico wanted to show which the idea could bounce back coming from Maria, according to Laboy.
the idea could also truly use the $5 billion investment as well as 50,000 jobs which will come with Amazon’s so-called HQ2.
The hurricane left parts of the island in ruin. Many of its 3.4 million residents have left — as well as there are concerns about whether they’ll return. The government estimates which the idea will be two more months before 95% of power can be restored.
Related: Misery in Puerto Rico: No power, no job, ‘enormous’ lines
Even before the hurricane, the territory’s economy needed a boost. Amid an 11-year recession, Puerto Rico filed for the largest municipal bankruptcy in U.S. history back in May. Unemployment was more than double the national rate, as well as many young workers were looking for jobs elsewhere.
Amazon said Monday which 238 cities as well as regions throughout the U.S., Mexico as well as Canada submitted bids for HQ2.
— sy88pgw’s Patrick Gillespie contributed to This kind of report.
sy88pgw (completely new York) First published October 23, 2017: 7:23 PM ET