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
Yucatán beekeepers to receive more and better support from state government
The Yucatan state government and apicultural.
AMLO orders end to corporate tax breaks in Mexico
MEXICO CITY, May 20 (Reuters) –.
Climate change improves production of habanero pepper in Yucatán
“Facing the climate change that prevails.
Google suspends business with Huawei after Trump blacklist
Alphabet Inc’s Google has suspended business.
On World Bee Day, actions are needed to Save the Bees
The United Nations designated May 20.
Morehouse College grads are surprised by a billionaire’s promise
Atlanta, GA (CNN) – Morehouse College.
Father of slain pregnant teen blames ‘anti-immigrant laws’ for delay in investigation
The father of a pregnant teenager found.
Trump ‘engaged in impeachable conduct’… GOP Rep. Justin Amash.
Justin Amash is the first GOP.
Los Cabos, Mexico from a tourist point of view (VIDEO)
Laurel and Brandon went on vacation.
Quintana Roo beaches threatened by smelly seaweed invasion
MEXICO CITY (AP) — Tourists looking.