Foreign investment in Cuba, a Crucial Bet for Development

Despite specialized sources predicting a fall of more than 40 percent in investment flows at a global level, and a hardened U.S. blockade to malign its image, the island redoubles efforts to attract foreign direct investments (FDI).

RIO DE JANEIRO, BRAZIL - Faced with a very challenging scenario, Cuba insists decisively on attracting foreign capital for development, Director of Foreign Investment at the Ministry of Foreign Trade and Investment, Carlos Luis Jorge, told Prensa Latina.

Despite specialized sources predicting a fall of more than 40 percent in investment flows at a global level, and a hardened U.S. blockade to malign its image, the island redoubles efforts to attract foreign direct investments (FDI).

Jorge pointed out the portfolio of opportunities that, first presented in 2014, has grown to over 500 projects, practically covering all sectors of the economy . . .

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