Tuesday, 11 September 2012
Sweet future for foreign investors in Cuban sugar?
Here's a report in the China Daily that highlights the extent of changes in the Cuban economy. It says the government has authorized the first joint venture in the sugar industry in a bid to boost efficiency, modern technology to revitalize the sector.
The state-run Sugar Group Azcuba was approved a month ago to create the first joint venture with foreign capital, to build a bioelectrical power station in the Ciro Redondo sugar factory, 45,000 km east of Havana.