At least nine Mexican companies from the pig-farming, transport, construction, and services sectors are operating in Havana, but another 26 more wait for the announcement of the Cuban Government to begin working in the island before September, said Luis Cabrera Cuarón, ProMexico ambassador and commercial counselor in Cuba.
Currently, the National Foreign Trade Bank (Bancomext) has resources of $27 million dollars to fund Mexican entrepreneurs wishing to do business with the island government.
The representative of ProMexico explained during the First Forum of Touristic Business held in Yucatán, that the first foreign company approved to enter Cuba in the new opening was a Mexican one, dedicated to the production of meat, the second, dedicated to paint manufacturing.
He said that currently 26 Mexican companies are at the stage of awaiting approval to enter the island; standing out are those of personal care, food and beverages, renewable energy, and tourism.
“It’s a wide range of companies knocking on the doors of the Cuban Market, looking for opportunities not only in investment projects, but also in increasing exports,” he said.
Secretary of Tourism, Enrique de la Madrid, stressed that the $27 million dollars will finance the Mexican exporters to send their products to Cuba.
“These funds are a powerful instrument that the Mexican Government will analyze in order to expand, since it becomes clear that the strong payment source is tourism, and there’s a clear growth in this sector,” he said.
more recommended stories
Fonatur delegate in Cancun threatens to close Isla Dorada for not being able to use the gym
For not being able to use.
AMLO’s SAT, now against travelers
“Mexican middle-class passengers have to face.
Nxivm founder sentenced to the remainder of his life in prison
More than a dozen victims in.
Merida young man rescues homeless person during hurricane Zeta
MÉRIDA, YUCATAN (October 27, 2020).- A.
Pemex’s debt to private providers continues to rise: Coparmex
As of the second quarter of.
PEMEX CEO has several of his family members on the payroll
The current CEO of Petróleos Mexicanos.
AMLO pledges to ban outsourcing of jobs
Mexican President Andrés Manuel López Obrador.
Volaris spurs leisure rebound to lead airline recovery
After the pandemic hit, Volaris lowered.
Yucatan registers 10 new deaths by COVID-19
MERIDA Yucatan (Times Media Mexico) –.
States’ ultimatum to AMLO: Dialogue and respect or break away from the Country.
The Alianza Federalista carries out a.