Vietnam-Cuba Business Forum concludes with the signing of seven agreements

Edited by Catherin López
2022-09-30 07:50:55

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Vietnam-Cuba Business Forum concludes

Hanoi, Sept 30 (RHC) The Vietnam-Cuba Business Promotion Forum organized in the context of Prime Minister Manuel Marrero's visit concluded with the signing of seven agreements and the presentation of a new proposal.

 

The first of the documents signed was the notification of an agreement of the Executive Committee of the Council of Ministers of the Republic of Cuba extending the validity of the Thai Binh Green Power branch in the Mariel Special Development Zone (ZED Mariel).

 

Signed by the general director of the ZED Mariel, Ana Teresa Igarza, and the president of Thai Binh, Tran Ngoc Tu, the agreement also grants a new right to execute the expansion of the first 20 MW in photovoltaic solar parks, of the 150 MW committed for 2023.

 

The Vietnamese company itself also presented a preliminary proposal for the development of an agricultural-livestock project, also in the Special Zone.

 

The president of the business organization BioCubaFarma, Eduardo Martínez, signed Memoranda of Understanding with the T&T Group for biopharmaceutical cooperation and biotechnology, and with the Danson Group Joint Stock Company (DS Group) to continue a long-term alliance in the area of biopharmaceuticals.

 

It also signed a similar document with Duc Minh Medical Joint Stock Company (Almedic) for the evaluation of new therapeutic candidates.

 

The Center for Genetic Engineering and Biotechnology (CIGB), through its Deputy Director Yassel Ramos, signed a supply and distribution contract with Almedic and a Memorandum of Understanding with Sao Kim Pharma for the production of Proctokinase.

 

Representatives of more than 70 local companies attended the Vietnam-Cuba Business Forum, where the Minister of Foreign Trade and Investment, Rodrigo Malmierca presented a portfolio of opportunities made up of 678 projects, of which 21 may have a special attraction for Vietnamese businessmen.

 

To modernize and make the economy more efficient, we need foreign capital, said Malmierca, who referred to the 30 general principles and 17 sectorial principles that govern the policy on foreign direct investment on the island, which -he clarified- are updated periodically. (Source: PL)



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