Tuesday, November 05, 2024
name of Prensa Latina
Bandera inglesa
English Edition
Search
Close this search box.
name of Prensa Latina

NEWS

NEWS

Havana International Fair, FIHAV 2024, kicks off

Havana, Nov 4 (Prensa Latina) The Havana International Fair, FIHAV 2024, opens its 40th edition at Expocuba fairgrounds from November 4 to 9, with the participation of some 50 countries.

Considered the most significant multisectoral trade fair in Cuba and the Caribbean, a dozen official delegations have confirmed their participation, and more than 700 companies will exhibit their products in more than 17,000 square meters of that fairgrounds.

Foreign Trade and Foreign Investment Minister, Oscar Perez-Oliva, stated that those figures show the event’s magnitude in the context of the country’s significant transformations to correct distortions and boost the economy this year.

Perez-Oliva stated that more than 190 domestic companies, including 30 micro, small, and medium-sized enterprises (MSMEs), are participating. In line with Cuba’s policy of promoting territorial development, a pavilion is designed to show the potentialities and commercial interests of the provinces and the special municipality, Isla de la Juventud .

The 7th Investment Forum is among the most relevant activities at FIHAV 2024, and in which its pinnacle will be the presentation of the Updates of the Portfolio of Business Opportunities in Cuba, an interactive tool to expand its local focus, including small projects to increase the participation of MSMEs.

Regarding the investment portfolio, First Deputy Minister of Foreign Trade and Foreign Investment Carlos Luis Jorge, informed at FIHAV 2023, that the Portfolio had 729 projects, 21 more than in 2022, which implies a total investment of about 34.4 billion dollars.

The 7th Investment Forum will hold panels this year on the Mariel Special Development Zone (ZEDM); the Eurasian Economic Union (EAEU), business opportunities and prospects for cooperation in industry and agribusiness, and business opportunities with foreign investment in territorial development.

jrr/iff/mem/tdd

LATEST NEWS
RELATED