II Business Forum Cuba 2021 began

Havana, Nov 29 (Prensa Latina) the II Edition of the Cuban 2021 Business Forum begin today, designed as a space for exchanges between national and foreign executives together with the new Cuban economic actors.

You can accompany the mixed appointment (face-to-face and virtual) through your channel https://www.picta.cu/canal/foroempresarialcuba and will run until December 2.

Its objectives include continuing to promote trade and investment on the island, and report on the transformation process in the Cuban economy.

Likewise, publicize the main export products (goods and services) and business opportunities in prioritized sectors such as biopharmaceutical, tourism and agri-food.

The first day began with a keynote address by Deputy Prime Minister Alejandro Gil, Minister of Economy and Planning of Cuba.

The theme will be focused on the Transformations of the economy, update and results of the implementation of the National Development Plan 2030.

Likewise, the Minister of Tourism, Juan Carlos García, will report on the potential of the sector for foreign investment and there will be a business section with a panel from the biopharmaceutical industry in Cuba.

One of the novelties of the event is a virtual fair that will allow entrepreneurs to exhibit their products through the Forum platform.

One of the Business Forums will also have the participation of Cubans residing abroad with an interest in investing in the island.

Recently, the Minister of Foreign Trade and Foreign Investment, Rodrigo Malmierca, advanced details on how the new portfolio of opportunities opens spaces for small financing as an alternative to favor the growth of municipalities.

He also highlighted that the business portfolio to be presented at this II Forum has attractive news for projects with foreign capital.

Among them, the elimination of the mandatory majority participation of Cuba in some sectors such as tourism and biotechnology, but after analysis.

In addition, investment funds may be established in the banking sector and companies with one hundred percent foreign participation in the technology area in the science-technology parks created in the country.

The new portfolio of opportunities has 503 projects and more than 12 billion dollars of investment.