Summary
Cuba: Foreign Investment Opportunities 2001
TOURISM
Construction of accommodation
capacities (various marketing modalities) in tourist development regions,
mainly in currently least developed regions with a high growth potential.
In order to cater for 7 million tourists by 2010, it is necessary to build
around 80,000 hotel rooms during this decade.
The main regions are: Havana, Varadero, Jardines del Rey (King’s Gardens),
Northern Camagüey, Northern Holguin, Santiago de Cuba, Central South Coast
and the Canarreos Archipelago.
Development of marinas (including construction of piers, infrastructure,
catering services, nautical hardware).
Construction of golf courses, recreational marine parks. All linked to tourist
development projects.
SUGAR INDUSTRY
Production of final
molasses-based alcohol. It comprises:
Installation of
distillation systems for production of extra-fine alcohol in existing distilleries
with capacity of 500 Hl/day, or in Ports receiving distilled crude alcohol
from tributary Distilleries.
Rehabilitation and modernization of existing distilleries (500-800 Hl/day.
New distillery with capacity of 800 Hl/day for the production of export-oriented fine and extrafine alcohol.
Expansion and modernization of existing facilities for production of rum and other alcoholic beverages.
Production of bagasse-based agglomerate boards in existing factories in Ciego de Ávila, Las Tunas and Havana provinces.
Production of bagasse-based MDF boards.
Production of cement-agglomerate bagasse-based boards.
Production of technical dextran (industrial use) and its by-products in Matanzas Province.
Production of furfural-based alcohol in a brand-new plant in Camagüey Province.
Production of glucose and sorbitol in Villa Clara and Camagüey Provinces.
Electricity co-generation projects:
New thermal power station (25-50 Mw). It consists in the elimination of the existing energy block of the sugar factory and the creation of an independent block of high efficiency and operation parameters. This unit will receive all biomass from the sugar mill which, in return, will receive low-pressure steam and electricity. Most of the generated electricity would be marketed in the national network.
New turbo-generator (5-10 Mw). In this case, the idea is to use surplus steam to generate electricity by means of the installation of an additional condensation turbo-generator. This would allow to curve down current power consumption levels in around 25-40%. It would also allow for the marketing of surplus electricity to the public network or another specific consumer in the territory.
During the non-harvest season, the thermoelectric plant might used bagasse stored in nearby sugar mills. It might also use sugarcane harvest wastes or any other fossil fuel.
BASIC INDUSTRY
The country has been divided into oil exploration blocks. Twenty six blocks (16 onshore and 10 offshore) are available. The area ranges from 60 to 6000 km².
The deep water sector of the Exclusive Economic Zone of the Gulf of Mexico (59 blocks with an average area of 2000 km² and a depth of 2000 m) is offered. It is possible to find large oilfields in this off-shore area. Top-of-the-line technology is required for exploitation.
The Santa Lucia Castellanos Mine contains lead and zinc. It has approximately 11 mineral oxidizing areas with gold yields ranging from 5 to 8 grams per ton. Capital contributions are required to develop and exploit it, as well as for the construction and running of one mineral processing plant.
Areas for geological prospecting and exploration of basic and precious metals in which geological prospecting is to be undertaken by foreign partners under a total-risk contract. Geological exploration falls under a shared-risk framework. Should a deposit be found, joint venture companies will be set up to exploit it.
Construction of new power stations for co-generation of electricity using sugar cane biomass.
Possibilities to negotiate the modernization of existing networks.
Production of glass containers for the food and pharmaceutical industries and for exports. The factory is located in Las Tunas Province.
Production of pressed glassware (table glassware, jars, ice-cream cups, etc.) in La Lisa Glass Factory, City of Havana. The construction of a production line for fluorescent lamps (t-8 type) is also considered.
Increased production of tires for vehicles.
Production of Porous Ammonium Nitrate (for export markets) at Nuevitas’ and Cienfuegos´ Fertilizer Plants.
Production of rayon yarn at Rayon-producing plant, under Rayonitro Enterprise, in Matanzas.
Production of export-oriented pesticides.
Modernization of the chlorine and caustic soda plant.
IRON, STEEL, METAL-WORKING AND RECYCLING INDUSTRY
Purchase and installation of one 12 MVA + 20% transformer for ANTILLANA DE ACERO´s spoon furnace.
Renovation of the heating furnace of Antillana de Acero´s rolling mill 250.
Expansion and modernization of Siguapa Shipyards.
Production of coaxial cables.
Production and/or repairs of sports, leisure and fishing boats.
Production of railroad spare parts components.
Development of oleohydraulic elements (gear pumps and slide-valves).
Installation of a plastics recycling plant at the Raw Materials Recycling
Enterprise in Cienfuegos Province.
Production of plastic containers at INPUD.
Expansion of exports of household appliances.
Proher M.T.D. Plant.
Drums cleaning and painting line.
Expansion of facilities for production of modular structures (scaffolds).
Refurbishing and renovation of the flange manufacturing line.
Raw materials recycling:
Bahía Honda ship disassembling project.
Scrap fleet development project.
Santiago de Cuba ship disassembling project.
Scrap breaking facility.
Recovering scrap yards.
Plastics recycling plant.
Overseas recovering of raw materials (mainly in Central America and the Caribbean).
Development of urban solid waste treatment plants.
Production of aluminum shapes.
High pressure containers.
Manufacturing of tractors.
KTP sugar cane harvesters leasing company.
Production of cocks.
Furniture industry.
Gastronomy equipment.
Assembling of Diesel engines, components and spare parts.
Production of PVC shapes, pipes and fittings.
FOOD INDUSTRY
Production of bottles, labels and non-refillable caps for the rum industry.
License to use Coppelia Ice Cream Production Technology.
Production of sugared condensed milk for export markets. The factory is located in the City of Bayamo, Granma Province.
Production of export-oriented evaporated milk. The factory is located in the City of Bayamo.
Production of semi-hard and blue cheese and soft paste in factories located in Cienfuegos, Camagüey, Holguín and Granma Provinces.
Production of short duration, non-sterile yogurt and milk-based desserts. The plant is located in the City of Havana.
Modernization of a vegetables production line in an existing plant located in Havana Province.
Establishment of a new tomato paste and fruit pulp processing plant in Camaguey and Granma Provinces.
Production of lollipop and Chupa Chup-type candies in plants located in the City of Havana and Santiago de Cuba.
Production of wafers in plants located in the City of Havana, Camagüey, Sancti Spíritus and Santiago de Cuba.
Expansion of the pilot plant for production of essence, emulsifiers and flavors used in the confectionery, soft-drink, milk and perfumery and cosmetics industries.
In the case of meat products, oils, pastas, water, beer, soft-drink and wine, foreign investment will be considered only if the foreign partner is able to secure 100% export markets.
AGRICULTURE
Renovation of the Carpentry Shop at “El Brujo” Forestry Industrial Complex.
Production of forestry seedlings. This project, located in Pinar del Río, Villa Clara and Guantánamo Provinces, is aimed at producing improved seedlings obtained from several forestry species, based on clonal seedbeds and natural seeds. It involves mainly endemic Cuban species such as Caribea Var pine, male Caribea pine, Eucalyptus Saligan, E. Pellita, E. Citriodora (highly appreciated species for the paper industry), Hibiscus clatus (majagua), Toctona Graudis (teak), Swietenia Macrophilla (mahogany).
Production and marketing of pine resin and its by-products. This project, located in Pinar del Río Province, is aimed at increasing pine resin production, setting up an industrial processing plant and obtaining colophony and turpentine. These products are basically used in the pharmaceutical and perfumery industry, and for production of aromatic substances.
Increased Coffee production and exports on the basis of its quality and international recognition.
Natural bee honey-based products and by-products. It includes production of bulk and packed honey, honey mixtures, bee-glue, cosmetics (beauty cream), royal jelly, etc.
Potato production. This project is aimed at producing and exporting fresh potatoes. There are 500 ha. of land available in the country’s western and central provinces.
Production of grains. This project is aimed at producing grains, namely, beans and corn, in 5,000 ha. of land with a view to meeting local market requirements and accessing foreign markets. It is located in the country’s eastern and central provinces.
Requirements include introduction of top-of-the-line technologies covering all stages (production, drying, filling and packing).
Rice production
º Production of rice (paddy) and drying and milling.
º Production of white consumption rice (imported shelled rice) to use idle milling capacity (280,000 t).
º Production of pre-cooked rice in pre-cooked rice plants equipped with Italian technology (240 t/day).
R&D projects on Genetics and pure lines.
Production of 3,000-10,000 tons of poultry meat, mainly for exports. Includes the possibility of installing a production line for sausages and other by-products.
Modernization of the pig industry to obtain high quality pork, improve slaughtering and processing, and look for markets for its products. To basically cover the expansion of existing capacity for production of veterinary products and chemicals.
Production, utilization and marketing of natural fertilizers.
Extraction, treatment and marketing of turf (used as natural, organic fertilizer for vegetable crops).
Organic products. This project is aimed at growing export-oriented organic products (vegetables and fruits), starting with an area of no less than 20 ha. in a specialized agricultural producer cooperative, located preferably in the Isle of Youth or Eastern Cuba, where the land has been less exposed to chemicals in the last few years.
Production of export-oriented medicinal herbs.
Development of a new plant for production of Spirulina.
Production of cosmetics and/or nutritional supplements.
Production and marketing of vitroplants. This project is aimed at producing and marketing banana vitroplants and other crops based on Cuban varieties and/or other types grown in third countries. Local and/or foreign market requirements should be met. The main objective is to obtain pest- and disease-free seedlings with enhanced energy, yield and high clonal performance, and easy to be transported.
FISHERIES
Development of sea and land aquaculture by using top-of-the-line fish farming technologies and introducing highly nutritional and tradable species: sea-bass and others to be considered. The proposed sea aquaculture model may reach a maximum production capacity of 300 tons a year. It can be adapted for lower production (small-scale production schemes are required for foreign species in order to demonstrate their technological feasibility). As to land aquaculture, the proposal is to have one or more farms specialized in export-oriented production. Species to be grown will depend on the specific market to be covered.
Development of oyster farming by introducing new shellfish species and improving their packing presentation.
Development of the Fish Processing Industry through the introduction of state-of-the-art technologies with a view to increasing value added of finished products.
Development of the artificial food producing industry for selected species. The purpose is to obtain extruded or non-extruded pellets with competitive quality and prices. The project may include the modernization and expansion of two existing feed plants (in Camagüey and Cienfuegos), as well as the establishment of new ones.
Increased offshore fishing operations with Cuban ships and crews. There is an interest in enhancing environment-friendly fishing activities with large vessels in Africa and other areas of interest; expanding operations with small vessels in Central America, Latin America and the Caribbean; creating cold-storage facilities in Cuba for distribution to Latin America and the Caribbean.
Development of live lobster production and marketing.
Ship-building. There is an interest in improving the quality of ships and their export to the Caribbean and other regions.
LIGHT INDUSTRY
Production and marketing of denim and drill fabrics in the Ariguanabo-based textile factory, Havana Province.
Production and marketing of bed-sheet, bed-spread, table linen, curtain and clothing fabrics in the Santa Clara-based “Desembarco del Granma” textile factory, Villa Clara Province.
Production and marketing of Upholstery and Curtain Fabrics in the Bellotex Enterprise, located in Matanzas Province.
Production of jute sacks in the Bayamo-based SAKENAF II Textile Enterprise, Granma Province.
Production of printed matters (books, leaflets, magazines, etc.) in the Guantánamo- and Santiago de Cuba-based Polygraphic Industries.
Production of corrugated and sanitary furniture pipes in the Plastics Enterprise.
Production of flexible polyethylene meshes (used to manufacture assorted items such as sacks for agricultural products, mesh rolls for the packing of vegetables and plastic handbags) in a factory located in Ciego de Avila Province.
Production of wide polyethylene films, commonly known as polyethylene blankets, used in agriculture to prevent weed from growing in crop lands. They are also used in greenhouses and as protecting cover for weather-exposed equipment and facilities. The project is located in the City of Havana.
Modernization of the Ceramics Multi-products Complex.
Development of Cooperated Production Contracts. Main products to be produced include:
Yarn and fabrics for white bed-sheets and pillow cases, table linen, antiseptic fabrics and diapers. The project is to be developed at Alquitex Enterprise (Havana Province).
Dyed and printed bed-sheet fabrics. The project is to be developed at Celia Sánchez Manduley Enterprise (Santiago de Cuba Province).
Bed-spread, curtain, pillow/furniture fabrics. The project is to be developed at Metropolitana Enterprise (City of Havana Province).
Equipment for production of tapes and labels at Metropolitana Enterprise (City of Havana).
Raw materials and equipment for production of clothing fabrics in the Santa Clara-based “Desembarco del Granma” textile factory, Villa Clara Province.
Waste cotton for production of 12 million mop units in four enterprises. Supply of equipment to increase this production to 16.8 million units. Project to be developed in City of Havana, Villa Clara, Granma and Santiago de Cuba Provinces.
Yarn and hardware for production of towels in Hilatex Enterprise (City of Havana Province).
Yarn and access to external markets for printed towels production. City of Havana Province-based project.
Printed, curled fabrics for towels. City of Havana Province-based project.
Granulated polypropylene for production of PP Sacks. The project is located in Villa Clara Province.
Modernization of the Villa Clara Spinning Plant.
Production of sewing thread. Villa Clara Province-based project.
Production of upholstery fabrics. Villa Clara Province-based project.
Production of flat and twisted elastic band. City of Havana Province-based project.
Production of complete sets for children and teenagers. City of Havana Province-based project.
Production of Polo Shirt. City of Havana Province-based project.
Production of T-shirts. City of Havana Province-based project.
Production of underwear and trunks. City of Havana Province-based project.
Production of ladies underwear pant. City of Havana Province-based project.
Production of raw and finished fabrics. City of Havana Province-based project.
Establishment of knitted garments shop. Project located in Central Cuba.
Production of jeans and jocked. The project is located in Pinar del Río Province..
Production of ladies and fashion clothing. City of Havana Province-based project.
Production of fashion clothing. The project is located in Holguín Province.
Production of children clothing. Havana Province-based project.
Production of sport and fashion shirts. Camaguey Province-based project.
Assorted graphic printings. This project could be developed in Cienfuegos, Ciego de Avila or Sancti Spiritus Provinces.
Heat-image transfer. City of Havana Province-based project.
Flexi-packs. Havana Province-based project.
Assorted diaries. The project is located in Guantánamo and City of Havana Provinces.
Pictures and mirrors framing. Matanzas Province-based project.
Plastic dolls and toys. City of Havana Province-based project.
Corrugated pipes. City of Havana Province-based project.
Extruded meshes. Ciego de Avila Province-based project.
Rubber and mixed soles. The project is located in the City of Havana and Camaguey Provinces.
Footwear components. The project is located in the City of Havana and Camaguey Provinces.
Integrated plastic footwear and molds.
Men´s footwear (sport and work). Villa Clara Province-based project.
Humidors. City of Havana Province-based project.
Industrial lamps. Las Tunas Province-based project.
Upholstered furniture. City of Havana Province-based project.
Hotel furniture. . The project is located in Camaguey and Santiago de Cuba Provinces.
Outdoor furniture (teak wood). Villa Clara Province-based project.
Modernization of the matches factory.
Production of fittings for the Footwear Industry.
Production of fittings for the Garments Industry.
Production of flowers and ornamental items.
Furniture production.
Assembling of watches.
Assembling of ball pens and other stationery.
Production of zippers and buttons.
Production of kitchenware.
Graphic arts items.
Carpentry.
Hand saddlery .
Production of fiber-based crafts.
Production of clay ceramics items.
Modernization of gents footwear shop.
Modernization of fireworks shop.
Establishment of Building Materials workshops.
Production of labels.
Used of installed capacity in City of Havana and Santiago de Cuba and/or marketing of cast parts.
Production of electric heater resistors. City of Havana-based project.
Repairs and installation of boiler systems.
Refrigeration and air conditioning.
Production of blades for fabrics cutting machines.
Production of zippers.
Production of garment fittings (metallic buttons, buckles, etc.
Installation of multi-head embroidering machine.
BIOTECH INDUSTRY
Establishment of overseas joint venture companies. Cuban entities would contribute the required technology.
Granting licenses for overseas marketing of products. Accordingly, royalties are to be paid.
Establishment of International Economic Associations to jointly develop new products. In such a case, foreign partners are required to put in financing to complete the development of products, as well as to cover clinical trial and registration expenses. Access to leading markets, as well as shortening of the R&D and marketing cycle is also sought after.
MEDICAL-PHARMACEUTICAL INDUSTRY
Production of cephalosporin-based injectables.
Production of dental products.
Modernization and/or expansion of a City of Havana-based plant for production of venoclisis equipment.
Production of environment-friendly sprays (metered dose).
Production and marketing of different natural environment-friendly sprays, cosmetics and topical use products.
Production of optical items.
Expansion and modernization of venoclisis production line .
Production of solid, semisolid and oral liquid drugs.
Production of reactive strips.
Production of plastic products for medical use
Production of soft capsules
Production of surgical suture.
Production of chitin (pharmaceutical product).
Production and marketing of pharmaceutical raw materials.
R&D of new drugs, new uses of known drugs and new drugs administration forms.
Production and/or marketing of drugs based on natural products (vegetable or animal origin).
Design and running of overseas pharmaceutical plants.
Production and diversification of quality containers for pharmaceuticals.
Production and marketing of cosmetic formulations with therapeutic properties at “Doctor Víctor Santa Marina” (CENTERVISA) National Center of Thermalism.
CONSTRUCTION
Construction of “turnkey projects” for tourism in cases where the it is necessary due to large amount of money required or due to the technology to be used. This will be done by establishing Temporary Union of Companies (UTE in Spanish). Long-term financing and technology are required from foreign partner.
Development of a dry-product recycling plant in City of Havana Province.
Development of a lime plant in City of Havana Province.
Toilet plant in San José, Havana Province.
Production of abrasive cutting and rough-hewing disks (different diameters).
Development of terrazzo tile plant in City of Havana.
Development of an aluminum frame extrusion, anodizing and lacquering plant.
Development and marketing of electric distribution switchboards (Magesa)
Production and marketing of cast iron toilet pipes and fittings.
Development of artificial (technical) wood carpentry.
Plant for production of PVC pipes and accessories (up to 500 mm).
Plant for production of reticulated polyethylene pipes (up to 100 mm).
Plant for production of reticulated polyethylene fittings (up to 100 mm).
Plant for production of PVC siftings.
Plant for production of propylene roto-molded barrels.
Development of a Pladur (Plaster cardboard) plant.
I
TRANSPORT
Development of energy-sustainable locomotives (using fuel oil, biomass, and compressed natural gas).
Tourist transportation and development of railroad managers tourism by making use of railroad networks.
Havana Airport and City Center railroad networking.
Havana and Varadero Airports railroad interconnection.
Management of international cargo.
Development of transshipment terminals for containerized and bulk cargo, cars and haulage equipment, liquid cargo and other products.
Development of tourism-related activities: logistic services, specialized maintenance-repair-reconstruction and testing services for containers, etc., in port facilities nearby regions of high flow of tourists.
Shipbuilding and repairs.
Construction of the Trinidad Airport and expansion of Varadero Airport.
Construction of one hotel at José Martí International Airport in the City of Havana.
Manufacturing of containers for sea and land transportation.
Manufacturing of dry cargo containers.
Development of engineering and design activities.
Construction of boats for tourism.
Production of new Deflex types (port defenses).
Transeco (Environment-friendly transport). Development of a methane gas service network.
Development of aluminum carpentry and structural repairs services.
Savage operations and special underwater projects.
Underwater archaeology.
Leasing, maintenance and repairs of specialized construction equipment and transportation vehicles.
Expansion of industrial production of highly-demanded building, repairs and refurbishing materials.
Hydraulic concrete plant.
Design, installation and maintenance of thermo-energetic systems.
Shipbuilding design and engineering.
Geological-engineering research and construction of special foundations.
INFORMATION TECHNOLOGY AND COMMUNICATIONS
Completion of the photovoltaic cells plant at the Electronic Components Complex, located in Pinar del Río Province.
Introduction of technology to produce anisotropic, soft and flexible ferrite cores, magnetic equipment and devices for local and foreign markets, for the general industry and for electronics industry in particular, as well as for medical use. This is project is located in Pinar del Río Province.
Manufacturing of radios, tape recorders and other household appliances in general at the City of Havana-based Electronic Equipment Manufacturing Plant (EPROLEC).
Remodeling and completion of warehousing facilities for concentration and integration of orders and distribution of household appliances (white and brown) at the City of Havana-based Electronic Equipment Manufacturing Plant (EPROLEC).
Remodeling and modernization of the PC displays assembling line.
Remodeling and modernization of the galvanic treatment and painting line of
the City of Havana-based Electronics Manufacturing Plant.
Modernization of existing capacity for the designing and manufacturing of tools at the City of Havana-based Electronics Manufacturing Plant.
Modernization of existing capacity for the production of metal-based mechanical parts at the City of Havana-based Electronics Manufacturing Plant.
Installation of one plant for the production of batteries.
Creation of capacities for the designing of tailor-made components for Telecomms applications (ASICs); creation of capacities for design of complete equipment and systems, ECAM (Work Station) for various purposes (electronics, Telecomms and IT).
Development and production of power and lighting devices.
Production and marketing of custom-made software, basically large projects; pre-installed software, Packed software, updating and additions to already-existing packages.
IT security and related services.
Production and marketing of accessories and parts for microcomputers (SIMM and DIMM Memory Modes, chassis, batteries - power sources).
Assembly and marketing of microcomputer systems.
Information Society Program.
Industrial automation of technological processes and of the Manufacturing Industry.
Software for industrial applications.
Automation of tourist facilities and buildings.
Production and installation of energy-saving systems.
Production and rehabilitation of sensing equipment and electronic devices.
Development of international telephone services. ETECSA company.
Development of ROMER mobile telephone service. CUBACEL company.
Printing of stamps and postal species.
Access to new technologies to make ditches for fiber glass laying.
Advanced systems for detection of technical networks (to avoid damages and protect networks with higher productivity and safety level).
Access to technology and equipment to bind fiber glass.
Access to measurement technology and equipment.
Installation of copper-based networks for cable laying and hoisting of poles.
FINANCIAL SECTOR
There are opportunities for foreign investment involvement within the Cuban financial sector. Associations between a Cuban financial institution and a foreign partner are established with the view to mobilizing external financing to invest in Cuba. The most widely use modality is the establishment of joint venture companies in Cuba and/or abroad.
Cuba-based insurance and related-service companies´ corporate policy includes the evaluation of opportunities and projects for the establishment of associations that help in the development of sectors in which the country’s efforts are not suffice.
SCIENCE, TECHNOLOGY AND ENVIRONMENT
Production of phycobiliproteins. City of Havana Province-based project.
Production of Bioil.
Production of tensoactive agents. City of Havana Province-based project.
Development of the Environment Reference Lab.
Start up of a Global Development and Implementation Project on Approaching and Understanding the environmental heritage (botanical, oceanological, speleologic, fauna and orographic nature).
Construction and operation of nature theme parks.
WATER RESOURCES
This sector is promoting the mobilization of financing and competitive technology to build and operate small hydropower stations capable of generating 1.6-4.0 Gwh/year.
Cayo Largo del Sur Desalinization plants (BOTT scheme) for water supply to the area.
Development of priority city projects to secure water supply to tourist facilities and the population.
ICRT (Cuban Institute of Radio and Television).
Development of co-productions, dubbing services and production of audiovisual materials including, movies, television, restoration work, music recording at RTV Commercial Enterprise. City of Havana Province.
CULTURE
Establishment of partnership for marketing of plastic arts works.
The Cuban Foundation for Cultural Assets is interested in strengthening the reproduction of old furniture pieces for export markets.
Production of export-oriented ballet shoes.
FREE ZONES
At present, there are 3 Free Zones in the country: City of Havana or Berroa, Wajay and Mariel. These Free Zones are regarded as springboards for exports. About 350 foreign operators are today operating in these free zones. Promoted investment projects include:
Development of infrastructure.
Search for operators engaged in productive activities linked to top-of-the-line technologies.
Consultores Asociados S.A
