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Havana Trade Fair Aims to Boost Investments

Havana, October 20 (RHC/Xinhua)-- Cuba will seek to attract foreign investment with a new business portfolio to be unveiled at the International Trade Fair of Havana (FIHAV 2016) scheduled for October 31st to November 4th. 

Minister of Foreign Trade and Investment Rodrigo Malmierca said the nation’s business opportunities have been updated to include the largest possible number of projects that will be available for foreign investment. 

Malmierca said the business portfolio for 2017 has added new proposals under Cuba’s foreign investment law. He noted all major sectors of the economy, including tourism, renewable energy, oil exploration, food imports and nickel mining, are open to foreign investment. 

The minister said this year's trade and business fair will show the trust and consolidation foreign investments have had in the Cuban market. He said companies from 75 countries and 15 high-level delegations, some headed by ministers,will attend the Havana trade fair this year. 

The fair, FIHAV 2016, will be the largest so far in terms of exhibition area. It will extend over 18,400 square meters, about 2,000 more than last year, in a convention center on the outskirts of Havana. 

Edited by Pavel Jacomino
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