MOPA -- Media, One-Stop Service, All-In-One Agency
Social Media/Email
  • WORK
  • NEWS
  • SERVICE
  • CONTACT

Cuba woos Chinese investment with special development zone

9/25/2013

0 Comments

 
Picture
BEIJING, Sept. 25 (News: Xinhua, Foto: Beijing Review) -- Cuban Foreign Trade and Investment Minister Rodrigo Malmierca said here on Wednesday that Cuba welcomes Chinese investment in its first special development zone.

The zone, due to open in Mariel Bay in November, will grant foreign businesses preferential tax treatment, including an exemption from corporate income tax for 10 years, said Malmierca during a tour designed to promote the zone.

"China is our first leg in international promotion, as Cuba and China boast long-term friendship and good cooperation" he said.

The minister briefed the Chinese business community on features of the Mariel Special Development Zone and invited interested and competitive Chinese companies to come there.

According to Malmierca, development of biological technology, medicine, renewable energy, telecommunication, food processing, tourism and real estate sectors will be given priority under the project.

Located 45 km west of the capital of Havana, the zone covers 465 square km. It is expected to be a hub for Cuba's foreign trade, given that it has the country's largest port, largest container terminal, new warehouses, industrial parks and oil wharfs.

The Mariel Special Development Zone is among a slew of ongoing policy measures introduced by Cuba to push for economic reforms, lure foreign investment and technology, and further open its economy to the outside world.
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    News related

    MOPA

    Online Service

    Media
    ​Celebrity Content

    Public Relations
    ​Branding
    Digital Marketing
    Makeup
    Blockchain project

    Shanghai, China
    Email:  info@mopa1.com
    Picture
     

    Archives

    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    August 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    October 2016
    November 2014
    August 2014
    July 2014
    April 2014
    March 2014
    February 2014
    October 2013
    September 2013
    June 2013

    Categories

    All
    Brazil
    Chile
    China
    Cuba
    Latin America
    Mexico
    Venezuela

    RSS Feed

Powered by Create your own unique website with customizable templates.