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investment report<br />
NICKEL, OIL, AND<br />
SUSTAINABLE ENERGY<br />
A REPORT ON THE MAIN SECTORS<br />
FOR INVESTMENT IN CUBA<br />
By Emilio Morales<br />
Oil refinery in Havana, Cuba<br />
Of all the sectors of the Cuban economy in search of foreign<br />
direct investment, none surpass energy and mining.<br />
Cuba’s foreign investment portfolio for 2016-17, presented<br />
at last fall’s Havana International Fair by Cuban Foreign<br />
Trade Minister Rodrigo Malmierca, contained 123 investment<br />
projects in energy and mining. This represented nearly a third<br />
of the total, followed closely by tourism (114 projects) and way<br />
ahead of food (76), biotechnology and health (18), industry (16),<br />
construction (10), and transportation (10).<br />
Unquestionably, Cuba’s economic development depends
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