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Millions Invested in Cuban Economic Zone |
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Monday, November 5, 2018
Havana.- The Mariel Special Development Zone (ZEDM, in Spanish), in western Cuba, has approved ten businesses with a committed capital of 474 million dollars from January to date.
At present, the enclave has 41 authorized users from 19 countries, with a total investment of 1.66 billion dollars.
Likewise, of the total of established companies, 15 started up operations, while two already have the permits to start the execution of their projects.
The list of companies includes the Spanish firm TGT Caribe S.A., of foreign capital and specialized in making cheese and other dairy products.
The first biopharmaceutical joint venture with the United States, called Innovative Immunotherapy Alliance S.A., was also approved for the research, development and commercialization of medicines to treat cancer.
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