Cuba Opens Up To Foreign Investment

Global Business

For the first time in decades, communist Cuba is trying to create favorable conditions for foreign companies to invest there.

A Special Economic Development Zone is under construction around the recently opened port of Mariel, some 35 kilometers from the capital Havana. And a new foreign investment law comes into effect in June.

The Cubans are looking for investors prepared to take a long view, getting a foothold on the island now in anticipation of the day that the US trade embargo is lifted.

CCTV’s Michael Voss reports.

Cuba Opens Up To Foreign Investment

Cuba Opens Up To Foreign Investment

For the first time in decades, communist Cuba is trying to create favorable conditions for foreign companies to invest there.
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