Infrastructure

Vietnamese Company to Build Industrial Park at Mariel

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Last week, ViMariel S.A., the Vietnamese and Cuban joint venture company started its operations in the Special Economic Development Zone in Mariel (ZEDM). ViMariel, a subsidiary of Viglacera S.A., is 100% owned by Vietnamese Vietnam Glass and Ceramics for Construction Corporation (Viglacera). ViMariel will construct, design, invest, and manage an industrial park containing all the civil infrastructure necessary to install additional production facilities.  The industrial park will cover 156 hectares of land and operate under a 50 year license. The industrial park will focus on businesses related to construction. Construction is to begin in 2019 and is expected to last for five years. The project is a direct result of the visit by the Secretary General of the Communist Party of Vietnam, Nguyen Phu Trong when…

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