The potential and attractions of Cuba as an investment option were emphasized yesterday, November 3, at the Havana International Trade Fair, Fihav 2015, during the presentation of the country’s updated portfolio of foreign investment projects, by Rodrigo Malmierca, president of the fair’s organizing committee.
This latest version, he reported, is superior to its predecessor, containing 326 projects, 80 more than last year, the majority with pre-feasibility or feasibility studies completed. Proposals from all of the country’s provinces are included, in 12 sectors of the economy.
Malmierca, also minister of Foreign Trade and Investment reported that 40 projects from last year’s portfolio are in the final stages of negotiations with international associates, and that prioritized this year are proposals in tourism, oil prospecting, renewable energy and food processing. Some 40 projects in the latter were presented.
Also emphasized was the Mariel Special Development Zone, where eight new foreign investment projects have been approved.