17.04.2018 Views

iconannual 2018

Supporting the networking concept of iconvienna the iconbrandannual offers the best place to introduce global potential partners to your latest developments! Covering topics like Branding, Innovation, Smart Cities & Regions 2020, Cooperation & Technology, International Finance & Projects, Energy & Infrastructure & Transport, Branding & IP Rights, Education & Tourism several high-ranked companies, programs, projects and initiatives have been represented.

Supporting the networking concept of iconvienna the iconbrandannual offers the best place to introduce global potential partners to your latest developments!

Covering topics like Branding, Innovation, Smart Cities & Regions 2020, Cooperation & Technology, International Finance & Projects, Energy & Infrastructure & Transport, Branding & IP Rights, Education & Tourism several high-ranked companies, programs, projects and initiatives have been represented.

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Cuba<br />

Greetings<br />

Foreign investment<br />

opportunities in Cuba<br />

H. E. Juan Antonio Fernández Palacios<br />

Ambassador of the Republic of Cuba to Austria and Permanent<br />

Representative to the United Nations Office at Vienna and the<br />

International Organizations based in Austria.<br />

Transforming the economy and achieving<br />

a prosperous, efficient and sustainable<br />

society is Cuba’s aim. In order to do<br />

so, foreign investment is a fundamental<br />

source of development and an essential part of<br />

the country’s current strategy.<br />

Last November, at the 35th Havana International<br />

Fair, was presented the latest edition<br />

of the Cuba’s Portfolio of Foreign Investment<br />

Opportunities 2017-<strong>2018</strong>, which contains 456<br />

project proposals representing about $11 billion<br />

in potential foreign investment into sectors<br />

such as tourism, biotechnology, construction,<br />

energy, agriculture, and mining.<br />

The touristic sector includes 152 projects<br />

about building and marketing top-quality<br />

villas and hotels in various regions; hotel management<br />

and commercialization contracts;<br />

marina management agreements.<br />

The energy sector includes 13 projects<br />

based on the development of renewable energy<br />

sources. Among them are wind farms, 11 bioelectrical<br />

plants, and 100MW photovoltaic<br />

solar farms, with 50MW accumulation.<br />

The pharmaceutical industry and biotechnology<br />

sector includes 15 projects: production<br />

of vaccines for cancer treatment; plants for<br />

blood-based products, biomaterials, cytostatic,<br />

oral contraceptive pills and hormones, and<br />

avian vaccines.<br />

The health sector includes 2 projects: quality<br />

of life services, the creation of an international<br />

clinic for sports medicine, anti-doping<br />

control and education.<br />

The Mariel Special Development Zone<br />

(ZEDM) provides a world-class production and<br />

logistics platform for the establishment of companies,<br />

whose productions and services can be<br />

traded in the domestic market or exported.<br />

The Cuba´s Portfolio of Foreign Investment<br />

Opportunities details the country’s investment<br />

advantages, legal structures, and expectations<br />

from foreign investors. Each investment<br />

proposal includes information on the<br />

project’s location, estimated costs, nature of<br />

partnership with Cuban parties, and contact<br />

information.<br />

Foto: Cuban Embassy<br />

The doors to Cuba are opened. Welcome.<br />

The European Business and Investment Magazine <strong>iconannual</strong> 31

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!