Cuba to Offer More Opportunities for Foreign Investment

Cuba has been presenting today more opportunities for potential foreign investment at the Havana International Fair, FIHAV 2016, attended by more than 3,500 exhibitors from 73 countries.

Published in 2014 for the first time, the Opportunities Portfolio has been annually updated through the integration of projects and the removal of others which managed to materialize or have an advanced level of negotiation, the promoters of the initiative say.

Deborah Rivas, of the Ministry for Foreign Trade and Foreign Investment (MINCEX), told the press that the document is very useful for the national and foreign business sector, and for investment promotion agencies in different countries.

For Rodrigo Malmierca, the investment forum at FIHAV 2016 will be one of the major events within the fair, to be held until November 4 at Expocuba's fairgrounds.

The forum will help to promote business exchanges and serve to present the updated portfolio, in which the number of investment projects and the amount of foreign capital to attract will be expanded.

The portfolio will remain among the priorities of tourism, renewable energy, the development of productive chains in agriculture and investments in the Mariel Special Development Zone, located in the western side of the country, he announced.

With an exhibition area of more than 28,000 square meters, FIHAV 2016 is gathering signatures of Cuba's main trading partners, including China, Russia, Venezuela and Spain.