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Foreign Investment Gains Ground in Cuban Tourism |
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Monday, January 19, 2015
Havana.- The strategy to foster foreign investment in Cuba's tourism sector, based on a new law, has shown positive results so far.
According to experts, the joint venture Carbonera S.A. was set up by Grupo Empresarial Extrahotelero Palmares and the British company Havana Resorts Ltd. to develop golf courses.
In addition, negotiations were held with the Chinese company Beijing Enterprises to develop a real estate project in the area of Bellomonte, east of Havana.
Projects are underway in El Salado, west of Havana, and Punta Colorada, in Pinar del Río province, with participation of Spanish companies.
Moreover, the feasibility study of the Toscuba project was completed to build a five-star hotel on the Ancon Peninsula.
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