ZED Mariel provides a world-class production and logistics platform for the establishment of companies, whose productions and services can be traded in the domestic market or exported, and will benefit from the regulatory framework, incentives and friendly business environment. Financial Times fDi magazine awarded ZED Mariel as winner in the category of BEST ZONE TO CONSIDER IN THE FUTURE in the Best Global Zones of the year 2017 competition (GFZ17).
ZED Mariel Cuba Official Site
ZED Mariel / Cuban Window Posts
Foreign Investment in Cuba
The Minister of Foreign Trade and Investment Rodrigo Malmierca said that in 2018, 40 new businesses were authorized with a value of 1.5 billion dollars, and 35 of those projects are in the investment process.
Malmierca noted that in 2013, there was a new policy to foster foreign investment. However, he mentioned some obstacles for the success of this endevour, and he mentioned among them Washington’s decades long restrictive measures against Havana in economic and financial matters.
He pointed out that the economic blockade affects not only American companies but of the entire world. Malmierca also made reference to domestic hurdles like the existence of a double currency system, problems with financial liquidity, and other subjective factors such as delays in the process of business approval or lack of staff preparation.
The foreign trade and investment minister said that as an average, in order to prosper, Cuba needs two billion dollars of foreign investment annually, a figure the country has not yet reached.
For more click HERE