I N V E S T I N G I N C U B A2 0 1 8
- BUSINESS ENVIRONMENT -
- FOREIGN INVESTMENT -
- PORTFOLIO OF OPPORTUNITIES 17/18 -
TRANSPARENTSECURE LEGAL BODY
LEGAL FRAMEWORK
60 000 Km of ROADWAY8 000 Km of RAIL LINES
INFRASTRUCTURE
SERVICE OF INVESTORS HIGH QUALIFIED PERSONNEL
INSTITUTIONS
SOCIO-POLITICAL AND JURIDICAL STABILITY
________________
SAFETY CLIMATE
RESEARCH AND INNOVATION
POLYCIES
NATURAL RESOURCES AVAILABILITY
_____________
PRIVILEDGED GEOGRAPHIC LOCATION
- HIGH EDUCATIONAL, HEALTH CARE AND SOCIAL SECURITY STANDARDS -
- PRO BUSINESS ENVIRONMENT -
10
INTERNATIONAL AIRPORTS
COMMERCIALPORTS32
10
- PRO BUSINESS ENVIRONMENT -
Short access time tomajor cities in the
Caribbean, Americaand North America.
At the crossroads ofthe main maritimecommercial traffic
routes in the WesternHemisphere.
+150
INTERNATIONAL AIRPORTS
COMMERCIALPORTS
+180countries
Diplomaticrelations
countries
Traderelations
21Multilateral
BilateralEconomic
Agreements
Regional
LAC
- PRO BUSINESS ENVIRONMENT -
- PREFERENTIAL ACCESS TO A POTENTIAL MARKET OF1.2 BILLION CONSUMERS (est.) -
• Goods Imports 81%, Goods Exports 19%
TRADE EXCHANGE PER
REGION
AMERICA 37.8 %
EUROPE 30.4 %
AFRICA / MIDDLE-EAST10.3 %
ASIA / OCEANIA20.8 %
• Fuels and lubricants
• Food
• Metals Manufactured
• Chemicals and related products
• Transportation equipment and machinery
• Textile and Manufactured items.
• Minerals fuels• Nickel• Generic and
Biotech drugs• Sugar and
its products• Tobacco• Alcoholic drinks• Marine products• Steel products
OPEN ECONOMY. HIGHLY DEPENDANT ON FOREIGN TRADE. NET FOOD IMPORTING COUNTRY
Exports to 119 countries.
CUSTOMS TARIFFEXPORT FREE.IMPORT NMF 10.7%
- FOREIGN TRADE / NUMBERS 2017 -
IMPORT EXPORT
- BUSINESS ENVIRONMENT -
- FOREIGN INVESTMENT -
- PORTFOLIO OF OPPORTUNITIES 17/18 -
4.4 %
3.0 %
3.0 %
2.8 %
GROSS DOMESTIC PRODUCT grew up by 1.6%
Varadero beach was voted THIRD BEST in the world.
Excellence Award as the SAFEST COUNTRY FOR TOURISM
PATH OF DEVELOPMENT.CUBA NEEDS TO REACH SUSTAINED LEVELS OF GROWTH OF 5%
TOURISM AGROTRANSPORT CONSTRUCTION
- ECONOMIC PERFORMANCE 2017 -
NEW JOBSADVANCED TECHNOLOGIES
EXTERNAL FINANCING SOURCES
HIGH-TECH TRANSFER
DIVERSIFICATION OF EXPORT MARKETS
IMPORT SUBSTITUTION
ENERGY MATRIX RENEWABLE GENERATION
SOURCES
- GENERAL POLICIESFOREIGN INVESTMENT ENVIRONMENT -
COMPETITIVENATIONAL
TALENT
603LEVELS OF APROVALS
DAYS
60PUBLICUNIVERSITIES
112000CITIZENS
TOTAL UNIVERSITY ENROLMENT
+ONE MILLIONUNIVERSITY GRADUATES
OTHER INCENTIVES
FREE TRANSFER ABROAD / FREE FROM TAXES
(Dividends or profits)
SPECIAL TAXATION SYSTEM
LEGAL SECURITY
MARIEL SDZ
FAST APPROVAL REGIME 60 DAYS
- PRO BUSINESS ENVIRONMENT -
SPECIAL TAXATION SYSTEM
ON PROFITS
ON USING OF LABOR FORCE0%ON PERSONAL INCOMES TO PARTNERS OR PARTIESEXEMPTED CUSTOMS TARIFF (INVESTMENT PROCESS)
- JOINT VENTURES -- IEA AGREEMENTS -
8 YEARS OF EXCEPTIONSFIRST15%FOR REINVESTED PROFITS.0%
0%ON SALES OR SERVICES
FIRST YEAR, AFTER THAT1%
- PRO BUSINESS ENVIRONMENT -
35%
ON USING OF LABOR FORCE 5%ON WHOLESALE SALES 5% ON RETAIL SALES10%
MAY GO UP TO50%EXPLOITATIONNATURAL RESOURCES
- TOTALLY FOREIGN CAPITAL COMPANY -
ON SERVICES10% CUSTOMSTO BE SET IN THE CUSTOMS TARIFFS
35%ON PROFITS
- PRO BUSINESS ENVIRONMENT -
SPECIAL TAXATION SYSTEM
in Cuba.1ST 45KMWest of HavanaCONTAINERS
TERMINAL Most modern in the Region
FAST APPROVAL REGIME 602 LEVELS OF
APROVALSDAYS
ONE STOP SHOP SYSTEMOFFICE SUPPORT
Neo Panamax vessels
- FOREIGN INVESTMENT/MARIEL SDZ -
JOINT VENTURES
IEA AGREEMENTS
TFC COMPANY
+5+5
+9
+2BILLION USDCOMMITTED CAPITAL
+11HOTEL ADMINISTRATION CONTRACTS
COUNTRIES+20
MULTINATIONALS+9
- FOREIGN INVESTMENT / NUMBERS 2017 -
- BUSINESS ENVIRONMENT -
- FOREIGN INVESTMENT -
- PORTFOLIO OF OPPORTUNITIES 17/18 -
- PORTFOLIO OF OPPORTUNITIES 17/18 -
ProjectsProjects
Bil. USD
50
10.7
406
- PORTFOLIO OF OPPORTUNITIES 17/18 -
ALL SECTORS HEALTH / EDUCATION / MILITARY SECTOR
JOINT VENTURESTOTALLY FOREIGN CAPITAL COMPANY
INTERNATIONAL ECONOMIC ASOCIASION AGREEMENTS
MODALITIESNATURAL PERSONS / SUBSIDIARY / BRANCH
RISK CONTRACTS / CONSTRUCTION / HOTEL PRODUCTION / SERVICES MANAGEMENT
CUBAN PARTICIPATION MAJORITY SHARESEXTRACTION OF NATURAL RESOURCES/ PUBLIC SERVICES/
BIOTECHNOLOGY/ WHOLESALE/ TOURISM
EMPLOYER-ENTITY SUPPLY AND CONTROL THE WORKFORCE
WILL NOT BE TRANSFERRED IN PROPERTYSTATE ASSETS
EXCEPT SERVICES
SECTORIAL POLICY
- PORTFOLIO OF OPPORTUNITIES 17/18 -
projects
AGRO-FOOD (1)
Increase food production, encourage sustainable development and increase efficiency, quality and competitiveness in the different forms of production management at work in this sector.
It excludes tobacco agricultural products and the premium cigar industry / capture and industrialization of lobster.
In joint business ventures, the contribution of the Cuban Party may include the real right of usufruct for the land.
LAND OWNERSHIP SHALL NOT BE TRANSFERABLE.
FRUIT, VEGETABLES, GRAINS AND CEREALS, BEEF, PORK, POULTRY, ANIMAL FOOD AND MILK, AS WELL AS INTEGRAL
PRODUCTS INCLUDING INTENSIVE MANAGEMENT OF FORESTRY PRODUCTS HAVING A COMMERCIAL NATURE.
LAND OWNERSHIP
30% BY STATE ENTITIES
70% BY NON STATE ENTITIES
6.24
IN THE HAND OF STATE
MANAGED
MILLION HECTARES OFAGRICULTURAL LAND ONLY
2.7MILLION CULTIVATED
ZONE OFFREE
TYPE 1 DISEASESEXISTING IN THE AREA
2000 MILLION USD
DOMESTIS MARKET POTENTIAL
- PORTFOLIO OF OPPORTUNITIES 17/18 -
projects
AGRO-FOOD (2)
LEADING PRODUCTS
TO
BA
CC
O
FRUITS / COFFEE / CACAO / HONEY / CHARCOAL
CITRUS FRUITS
JOINT VENTURESMODALITIES
RECOVERY / PRODUCTION / DEVELOPMENT / PROCESSING
INTERNATIONAL ECONOMIC ASSOCIATION AGREEMENTS
+1.2 BILLION USD ESTIMATED AMOUNT
TOTALLY FOREIGN CAPITAL COMPANYMARIEL SDZ
- PORTFOLIO OF OPPORTUNITIES 17/18 -
projects
AGRO-FOOD (3)
COMPREHENSIVE PROJECT TO RAISEBEEF CATTLE IN STABLES, WITH A
CAPACITY FOR 5000 HEAD.
ESTIMATED AMOUNT 7 MILLION USD
EXAMPLES
INCREASED PRODUCTION POTENTIAL FOR SHRIMP FARMING.
ESTIMATED AMOUNT 3 MILLION USD
PRODUCTION OF BANANAS FOR THE DOMESTIC MARKET AND EXPORT.
ESTIMATED AMOUNT 2.3 MILLION USD
- PORTFOLIO OF OPPORTUNITIES 17/18 -
projects
AGRO-FOOD (4)
SECTORIAL POLICYTo create, enlarge and modernize
production capacities.
To promote projects to generateenergy from renewable sources.
LONG-TERM ECONOMIC / SOCIAL DEVELOPMENT
PROGRAM
4.3% CURRENTLY
24%DEVELOPMENT PLAN UNTIL 2030
BIOMASS
WIND POWER RESOURCE
PHOTOVOLTAIC ENERGY
HYDRO-ENERGYBIOGAS
- PORTFOLIO OF OPPORTUNITIES 17/18 -
projects
RENEWABLEENERGY (1)
BIOMASS
WIND POWER RESOURCE
PHOTOVOLTAIC ENERGY
HYDRO-ENERGY
BIOGAS
+10UNIVERSITIES WITH HIGHLYTRAINED SCIENTIFIC-TECHNICAL PERSONNEL
TOP PRIORITY
INSTALL 755MW AT 19 BIOELECTRIC PLANTS AT SUGAR MILLS
INSTALL 633 MW AT 13 WIND FARMS, WITH CAPACITY FACTORS OF OVER 30 % THAT WILL PRODUCE OVER 1000 GWH/YEAR
POTENTIAL FOR SOLAR RADIATIONPER SQUARE METER PER DAY
5KWH(PVSP) UP TO 2030700 MWP
TO BUILD 74 SMALL HYDROELECTRIC PLANTS WITH OVER 56 MW.
DEVELOPMENT PROGRAMS FOR PORK, BEEF AND POULTRY PRODUCTION
- PORTFOLIO OF OPPORTUNITIES 17/18 -
projects
RENEWABLEENERGY (2)
385 MILLION USDESTIMATED AMOUNT
JOINT VENTURESMODALITIES
TOTALLY FOREIGN CAPITAL COMPANY
POTENTIAL MARKETELECTRICITY GENERATED IS COMPLETELY
DIRECTED TO THE NATIONAL ELECTRIC SYSTEM
- PORTFOLIO OF OPPORTUNITIES 17/18 -
projects
RENEWABLEENERGY (3)
SECTORIAL POLICY
Manufacture of finished products and active drug ingredients for generic
medicines.
In the case of biotecnologicalproducts, we will be evaluating specific businesses that would complement domestic projects,
Preserving intellectual property and looking out for the proper use of what may be jointly generated.
The creation or extension of
production capacities.
- PORTFOLIO OF OPPORTUNITIES 17/18 -
projects
DRUGS ANDBIOTECHNOLOGY (1)
CUBA
+500DRUGS
+30BIOLOGICAL PRODUCTS
ABROAD
+800HEALTH PRODUCT REGISTRATIONS
+50COUNTRIES
INCLUDING
HEBERPROT- PNIMOTUZUMAB
- PORTFOLIO OF OPPORTUNITIES 17/18 -
projects
DRUGS ANDBIOTECHNOLOGY (2)
JOINT VENTURES MODALITIESINTERNATIONAL ECONOMIC ASSOCIATION AGREEMENTS
+834.2 MILLION USD ESTIMATED AMOUNT
CUBAN PARTICIPATION MAJORITY SHARES
BUSINESS ARRANGEMENTSPROJECT NEGOTIATIONS / R&D PROJECT JOINT DEVELOPMENT DISTRIBUTION
AND REPRESENTATION / R&D PROJECT JOINT DEVELOPMENT
TECHNOLOGY TRANSFER AGREEMENTS
- PORTFOLIO OF OPPORTUNITIES 17/18 -
projects
DRUGS ANDBIOTECHNOLOGY (3)
SECTORIAL POLICY
To promote projects to modernize and create new capacities in the aim of covering national demand, replace importations and generate exportations.
It includes the branches of MECHANICAL-METAL, LIGHT, CHEMICAL and ELECTRONICS INDUSTRY.
PRIORITIES
INDUSTRIAL DEVELOPMENT FOR MOLDS FOR THE PLASTICS INDUSTRY
PRODUCTION OF DIFFERENT ASSORTMENTS OF PAPER
DESIGN AND PRODUCTION OF METALLIC STRUCTURES
TIN CANS FOR FOODS
PRODUCTION OF ALUMINUM AND GLASS BOTTLES FOR BEVERAGES
- PORTFOLIO OF OPPORTUNITIES 17/18 -
projects
INDUSTRIAL (1)
MECHANICAL-
METAL INDUSTRY
LIGHT INDUSTRY
CHEMICAL INDUSTRY
ELECTRONICS INDUSTRYDEVELOPMENT PLAN UP TO 2020
OWN DESIGNS OF LCD TO LED TVs, INDUCTION STOVES,
UPS, LED LIGHTING
OVER 600 FACTORIES 16 PRODUCTION ACTIVITIES
OPEN TO FOREIGN INVESTMENT
DECORATIVE LAMPS, SPORTING GOODS AND FOOTWEAR
INDUSTRIAL GASES/ FERTILIZERS AND PESTICIDES/ PAPER/ RUBBER
CHEMICAL ENGINEERING AND RESEARCH CENTER
OVER 47 FACTORIES
OPEN TO FOREIGN INVESTMENT
RIGID TUBES FOR CIGARS/ SYSTEM FOR THE MANAGEMENT OF SOLID
URBAN WASTE/ METALS TRANSFORMATION CENTER.
- PORTFOLIO OF OPPORTUNITIES 17/18 -
projects
INDUSTRIAL (2)
JOINT VENTURESMODALITIES
INTERNATIONAL ECONOMIC ASSOCIATION AGREEMENTS
+1.2 BILLION USD ESTIMATED AMOUNT
TOTALLY FOREIGN CAPITAL COMPANY
INTERNATIONAL INDUSTRIAL CONVENTION AND EXHIBITION.
CUBAINDUSTRIA
JUNE 19/22, 2018
- PORTFOLIO OF OPPORTUNITIES 17/18 -
projects
INDUSTRIAL (3)
- EXPOSITIONS AND FAIRS IN CUBA 2018 -
FIAGROP - InternationalAgriculture and Foods FairLocation: Rancho Boyeros /March 17th to 25th
FECONS - XII InternationalConstruction FairLocation: Pabexpo / April3rd to 6th
SALUD PARA TODOS –XXIV
International Medical FairLocation: Pabexpo / April17th to 20th
ALIMENTOS CUBA - II International Foods and Beverage FairLocation: Pabexpo / May 22th to 24th
FIHAV 2018, International FairLocation: Expocuba / October 29th to November 2nd
FIART - XXI Handcrafting International FairLocation: Pabexpo / December 4th to 18th
2018120TH ANNIVERSARY OF THE
JAPANESE MIGRATION TO CUBA
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I N V E S T I N G I N C U B A2 0 1 8