Business in Cuba

International Port Corp is the First US Company to Open Office in Cuba

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Brian Bandell, Senior Reporter at the South Florida Business Journal | March 28, 2016 Miami-based International Port Corp said it’s the first U.S. company to open a staffed office in Cuba. Several companies have received licenses from the U.S. government to start operations in Cuba since President Barack Obama restored diplomatic relations with the communist country yet they haven’t opened facilities yet. IPC Owner and President Larry Nussbaum said his shipping firm has leased warehouse space in Havana from the Cuban government and staffed it with six employees. The Cuban workers were hired by a Cuban government employment agency, which IPC pays. “The opportunities are great. Cuba is open for business,” Nussbaum said. “Now we need the American legislation to make it legal for companies…

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