Cuban province has approved 106 MSMEs and one Non-Agricultural Cooperative

Cuban province has approved 106 MSMEs and one Non-Agricultural Cooperative
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10 May 2022
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CAMAGUEY, Cuba, May 9 (ACN) As part of the process of creating new economic actors in Cuba, the province of Camagüey(central Cuba) has 106 micro, small and medium-sized enterprises (MSMEs) approved, and one Non-Agricultural Cooperative (CNA by its Spanish acronym), the latter in the activity of food processing.

Of the MSMEs approved to date, 61 are newly created and the rest are reconverted, and generate 2,152 jobs.

Denise Lopez Fernandez, a specialist in territorial development, said that 39 of the companies belong to the food industry, five are in information technology and 23 in construction, while eight are in the circular economy category and 31 will provide other services.

The CNA, the only one of its kind so far in the extensive territory, will encourage the preparation of food and recreational activities and will manage its own resources with suppliers, the Bank, and all this in order to provide a better service to customers.

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