One of the foreign investment pioneers in Cuba is key to nickel production, oil extraction and power generation based on gas.

The Canadian Sherritt International Corporation wants to continue being the major foreign investor in Cuba. A foreign capital pioneer on the socialist island, the mining company reiterated its intention of taking advantage of each opportunity offered by Cuba’s opening policy, as it has done since the 1990s, although the foreign market’s winds have not favoured it in recent years.

This year the Gedeme enterprise inaugurated the production of portable computers and tablets with Chinese technology.

Cuba is again making incursions into the production of computers with the assembly of its first 50,000 laptops and tablets this year for the national market. The Industrial Enterprise for Informatics, Communications and Electronics (Gedeme) announced a few days ago this project, which it has assumed in alliance with the Chinese company Haier.

Important meetings of the Association of Caribbean States (ACS) and the Caribbean Community (CARICOM) also defended a better integration and unity between both blocs.

With the backdrop of a sustained explosion in tourism and the influx of new airlines and cruise ships to its geography, Havana hosted in March the 22nd Meeting of the Council of Ministers of the Association of Caribbean States (ACS) and the 5th CARICOM-Cuba Ministerial Meeting, both of which bet on re-launching cooperation, trade and transportation among the region’s economies.

Five new projects entered the Mariel Special Development Zone, this time with the participation of Panama, Brazil, Portugal, Spain and Cuba.

The Mariel Special Development Zone (ZEDM), the spearhead of Cuba’s opening to foreign investments, approved five new projects in the first months of this year and also confirmed the opportunity it offers to regional trade in the Caribbean.