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Weekly report on Cuba's tourism industry
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Foreign Investors Are Interested in Cuba's Sugar Industry
Monday, July 17, 2017

Havana.- Cuba's sugar industry, a key sector in the country's economy, attracts foreign investors who are eager to participate in that sector.

Development plans include the execution of a project to build power generators using sugarcane biomass.

Therefore, as part of those projects, 22 bioelectric plants capable of generating between 20 and 60 megawatts, totaling up to 750 megawatts altogether, will be built in Cuba.

of that number, 11 projects are being directly negotiated with foreign capital through joint ventures, a process that is in different phases of execution.

In that regard, the joint venture Biopower S.A., made up of capital from the British firm Havana Energy and Zerus, and the group AZCUBA, is carrying out a project in eastern Ciego de Avila province.



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Cuba: Events in the Caribbean
Cuba, a tourist destination par excellence in the Caribbean region, promotes the diversification of its recreational options beyond the traditional su...
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