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Mariel Special Development Area Presented to Investors in Brazil

Brazilia, November 20 (RHC)-- Managers and other high officials of Brazilian Government institutions received detailed information on the advantages of the Mariel Special Development Zone, in Cuba, which offers new opportunities for Foreign investment and profits.

The presentation was made by the Cuban Minister for Foreign Trade and Investment, Rodrigo Malmierca, at the conclusion of the Ninth Bilateral Meeting for Economic and Commercial Affairs in the Brazilian capital city.

This Cuban area, the Minister told his audience, enjoys a very special fiscal regime favoring investors that foster sustainable economic growth through technological innovation and industrial concentration.

Another advantage of this Special Economic Area is the availability of easy sea and air connections with the rest of world and of a huge mass of highly trained specialized workers, technicians, engineers and other experts.

The Mariel Special Development Zone lies at a deep-water port capable of handling the largest ships afloat. It lies on the path of super ships crossing the Panama Canal, now in the process of expansion, and the future trans ocean canal projected in Nicaragua.

Investors in the Mariel Zone will enjoy free remittance overseas of profits and a special tax regime which includes fiscal incentives and refunds,

The Mariel Special Development Area can accommodate high tech industries in such fields as biotechnology, pharmaceutical, renewable energy, agribusiness, telecommunications and informatics and industry in general.

Edited by Juan Leandro
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