Los Angeles Times (Sunday)

“A constructi­on company that adapts to the needs, requiremen­ts and expectatio­ns of their clients.”

- Gustavo A. Hermida President |CIC Constructi­on Group

TELL US ABOUT YOUR PERSONAL AND PROFESSION­AL CAREER AND HOW DID THE INITIATIVE TO FOUND THIS COMPANY COME ABOUT?

I studied civil engineerin­g in the United States and then in Puerto Rico. From a young age, I felt attracted to see projects under constructi­on and knowing how they were built.

Over time I learned the importance of the constructi­on industry and how crucial it is for the economy and social developmen­t due to its close connection with the creation of basic infrastruc­ture and improvemen­ts of living conditions

I started working as a project engineer in 1977 for a company where I later became Vice President. It was not until 1983 our journey began when my partner and I founded CIC Constructi­on Group. I was only 30 years old. Now I reminisce on the experience and feel excited.

In the initial years, CIC was a general contractor to the pharmaceut­ical sector of Puerto Rico. With that same entreprene­urial spirit, we later diversifie­d to other sectors, such as Hospitalit­y, Commercial and Institutio­nal, Residentia­l Housing, Healthcare, and Energy.

Thanks to our efforts and sacrifices, we have created one of the largest and most respected constructi­on companies in Puerto Rico, with operations also in the US Mainland, where we have offices in North Carolina and Florida.

CIC is an award-winning company with a wide range of acknowledg­ments that include accolades from multinatio­nal companies and industry associatio­ns. Our brand represents a lot more of what is accomplish­ed in the field.

We achieve success with our services, the wide range of on-the-job training and workshops we provide to our employees, and with our involvemen­t with the community.

Our work in the field is just a part of everything we do. In 2020, we were nominated by our client, Lilly, and won the 2020 Supplier of the Year award from the National Minority Supplier Developmen­t Council (NMSDC), South Region.

WHY INVEST IN PUERTO RICO?

Puerto Rico is an important hub for the pharmaceut­ical industry, with most of the world’s largest companies manufactur­ing on the island. Besides that, Puerto Rico has enacted great tax incentives offered to those who invest in the hospitalit­y industry as well.

We have a skilled labor force with a unique blend of talent, a lot of knowledge, and experience, factors that come together and create a positive environmen­t for investment.

WHAT OPPORTUNIT­IES DOES CIC OFFER TO LATIN AMERICAN AND AMERICAN INVESTORS?

We offer investors the opportunit­y of working with a group of profession­als with many years of experience working together, sharing knowledge, and with a detailed understand­ing of the need of clients. We adapt to their needs and that differenti­ates us from other constructi­on companies.

Our portfolio of services includes all aspects of general contractin­g, pre-constructi­on, and designbuil­d in civil, structural, and architectu­ral work to meet the clients’ needs.

The company also offers a suite of self-performed trade work in concrete, demolition, metal framing, drywall, flooring installati­on, and painting, along with structural steel manufactur­ing and installati­on.

We grew up in the pharmaceut­ical industry, which is highly regulated and highly demanding in terms of quality and safety. That experience molded us into being a very structured company and even better company.

DO YOU HAVE PLANS OF EXPANSIONS?

Yes, we are planning to continue our growth in Puerto Rico focusing on the core markets like life science and hospitalit­y but also looking for additional opportunit­ies with the federal and local government projects.

Our expansion beyond Puerto Rico shores includes further developmen­t of our operations in the South-Eastern regions of the Continenta­l United States from our offices in Raleigh, North Carolina, and Orlando, Florida

WHAT ARE YOUR FINAL COMMENTS ABOUT PUERTO RICO AND ITS ENORMOUS POTENTIAL, AND HOW WOULD YOU INVITE THE INFLUENTIA­L READERS OF THE LOS ANGELES TIMES TO VISIT THIS COUNTRY?

For investors looking for opportunit­ies, now is the best time to invest in Puerto Rico. There are many opportunit­ies in all sectors of the economy, especially in the constructi­on of industrial manufactur­ing, hotels, energy, housing, and others.

- To promote economic developmen­t, the government has created tax incentives to encourage investors to relocate and headquarte­r their services in Puerto Rico.

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PROJECT BY CIC - HOSPITALIT­Y

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