Business

Clean Energy Open to Foreign Investment

By María Julia Mayoral

Cuba’s Minister of Energy and Mines Alfredo López Valdés has stated that investments envisaged in the Cuban renewable energy sector between now and 2030 will cover the installation of bioelectrical plants generating 755-megawatt (MW) based on the present potential of 22 sugarcane mills.

Pabexpo, role in Cuba´s economic development

By Mercy Ramos Photos: José Tito Meriño

In an exclusive interview with CubaPlus magazine, Abraham Maciques, Palco Group’s president, provided an overview on how the idea came about to build exhibition grounds that would enable the Island not only to hold commercial fairs but also be a source of income, both of which the country needed.

A Bright Future for Cuba-Canada Relations

BY CIRA RODRÍGUEZ CÉSAR / PHOTOS: JORGE PÉREZ AND ACN

The meeting between Cuban President Raúl Castro and the Premier of the Canadian Province of Quebec, Philippe Couillard, endorsed the willingness to open up new horizons in bilateral economic and trade relations and showed mutual contentment with the current state of relations. On an official two day visit to the Island, Couillard expressed his satisfaction with the positive ties between the countries, especially with the province of Quebec, as well as the objective of further developing them in several spheres.

Servisa, Guaranteed Cuban Tourism

Text and Photos: SERVISA archives

SERVISA S.A. is a company belonging to the Cuban Ministry of Tourism, designed to provide support services through a number of activities that ensure a sustainable Cuban tourist product and guarantee full customer satisfaction.

Jamaica’s Connection Corridor

Export and prosper.” The popular adage is an explicit indication of what Jamaica must do to remain economically relevant.

Cuban Nickel Industry, Investment and Competitiveness

By: María Julia Mayoral, Photos: Prensa Latina

The Cuban nickel industry is currently receiving an injection of heavy investment focused on minimizing production costs in particular through reducing energy use, in the face of international competition.

Wilton Properties and Gran Caribe, Collaborate on Major Luxury Developments

Historically Canada has been Cuba’s main source of tourists, with over 1.3 million visitors last year. However, until now, Canadian businesses have not made significant investments in this sector.

Conabi, Legal services with experience and professionalism

By Cira Rodriguez César, Photos: Miguel Guzmán and José Tito Meriño

The firm’s portfolio of services and functions is endorsed by the knowledge and expertise of its professionals in matters related to national and international commercial activity, maritime, corporate, financial, investment, intellectual property, civil, administrative, tax and labour affairs, as well as specialized notarial services.

Greater Oil Prospects for Cuba

By Cira Rodríguez, Photos: Prensa Latina

Given that prospects for an oil find within the Cuban Exclusive Zone in the Gulf of Mexico (ZEE in Spanish) are by no means unlikely, Cuba will renew deep water exploration and drilling in this area in conjunction with foreign partners towards the end of 2016.

Cubaindustria 2016

The Organizing Committee of the International Convention of the Cuban industry, CUBAINDUSTRIA 2016, invites all professionals and the industrial sector specialists to participate in its second edition,which will take place from 20 to 24 June of the next year in the Conference Center in Havana, Cuba, with associated expositions at PABEXPO exhibition center.

BOGA, Prestige and Consolidation in Cuban Apparel

By: Cira Rodríguez César

The Boga Apparel and Textile Company of the Clothing Industry Business Group, is recognized in the market for its signature products, the Creole guayabera and denim garments. Its products are characterized by creations using current concepts and designs in line with fashion trends.

COHIBA Cigars and Milestone Anniversaries

By: Mercy Ramos / Photos: José Meriño and courtesy of the interviewee

To say ‘Cohiba’ is to refer to one of the best Habano cigars, and 2016 marks half a century since its creation. But 2016 also marks another more personal cigar-related anniversary. Petra Yolanda, renowned cigar roller, will also be celebrating half a century in the trade in 2016.

Cuba Establishes Presence in Software Industry

By: Alfredo Boada Mola

For more than a decade now, the University of Computer Sciences (UCS) has been producing a broad range of applications and computation services for many different economic and service sectors within the country.

Exports, Key at FIHAV 2015

By: Cira Rodríguez César

The Cuban Chamber of Commerce and the Department of Foreign Trade and Investment are encouraging local entrepreneurs to take part in the 33rd International Havana Fair (FIHAV 2015), which this year will focus on promoting export.

Canada at FIHAV 2015

Many Canadian businesses are gearing up again this fall to participate at the upcoming 33rd edition of the Havana International Trade Fair (FIHAV) to be held at the Expocuba fairgrounds from November 2-7, 2015. The most important Cuban commercial event of the year gathered more than 1,000 companies from 46 countries last year. Canada's participation was also significant with 51 companies registered as exhibitors and 31 more sent delegations of professional visitors.