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2026-09-01 · Economy

Esencia: CTPR authorizes 497.7 million in tourism tax credits — subsidy, not water CIP

On September 1, 2026, Caribbean Business reports CRLA’s defense of Proyecto Esencia, an about-2-billion tourism-residential complex in Cabo Rojo pitched as off-grid. This note is the Puerto Rico Tourism Company tax-credit pot: 497.7 million authorized.

It is not PRASA’s CIP. It is not FEMA water. Authorized is not collected.

Fuente: Caribbean Business. https://caribbean.business/esencia-is-designed-for-infrastructure-self-sufficiency-say-developers/