CUBACONS to Implement Three New Construction Projects

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The Construction and Assembly Business Group (CUBACONS) will implement three new foreign investment projects in the construction sector. The first project is with a Russian company for the transportation and lifting of large loads in industrial works. The others projects are tourism investments and a specialized assembly system. These projects are supported with financing from Russia. The business director of CUBACONS, Alberto Olivera, said that approximately another 10 projects are in progress. Olivera said that CUBACONS seeks to partner with foreign companies to promote new technology acquisition and financing that guarantees high-quality standards in construction projects. The construction sector in Cuba is prioritized by the new economic policy because of the value it has in the development of the tourism sector, a major driver of…




Unbiased reporting on economic news and business developments in Cuba by industry sector


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