At the headquarters of the Latin American Integration Association (ALADI), the general director for Foreign Investment, Carlos Luis Jorge, presented Cuba’s business opportunities.

He met with members of the diplomatic corps accredited here and businessmen, to whom he was introduced by Cuban Ambassador Zulan Popa.

The Cuban official defined priority sectors and activities, including food production, the sugar industry, tourism, renewable energy and distributed generation.

He also mentioned knowledge-intensive industries, particularly those based on pharmaceutical development and biotechnology where Cuba has talent, knowledge and recognized results.

The financial banking sector and infrastructure are also among the priorities, said Jorge, who explained that last year, Cuba opened wholesale and retail trade to foreign investment.

He explained that foreign investment in recent years has totaled 10 billion dollars, during which business has been established with companies from more than 40 countries.

Jorge praised the potential of the Mariel Special Development Zone (ZEDM), west of Havana, where 50 foreign companies chained to the national economy are installed.

The MINCEX official charged that one of the main objectives of the tightened United States blockade against Cuba is to prevent foreign investors from participating in the country’s economic development.

jg/jav/ro/ool