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SUMMARY OF 37TH EDITION OF FIHAV

Dec 02, 2019

Fihav

FROM WTC HAVANA                                   índice

A few days before the celebration of the half millennium of the foundation of the City of Havana, the 37th FIHAV session was inaugurated with the presence of Mr. Miguel Díaz-Canel Bermúdez, President of the Republic of Cuba, Mr. Ricardo Cabrisas Ruiz, Vice President of the Council of Ministers and Mr. Rodrigo Malmierca Díaz, Minister of Foreign Trade and Investment. It had the assistance of 68 countries, 55 Chambers of Commerce and entities promoting trade and investment of 33 countries.

The Cuban Pavilion was attended by 154 national entities and around 300 companies represented from all the provinces of the country. 

The Mariel Special Development Zone (ZEDM), created in 2013, exhibited in its stand 50 approved businesses from 32 countries, 29 of them with foreign capital, whose investment amount exceeds 2,200 million dollars, consolidating itself as an important investment pole.

With the purpose of energizing and reducing the procedures for carrying out Foreign Trade activities, the One-Stop Shop was presented. This project, in three-phases. will simplify the management of entrepreneurs for the export and import of goods.

During FIHAV 2019, the new Investment Opportunities Portfolio was presented, containing 460 projects, 47 of them in the ZEDM and an estimated investment amount of 11,745 million dollars, in which the productive chain is promoted. New businesses linked to the food, light, mechanical and chemical industries, as well as tourism and mining industries were also incorporated.

The IV Foreign Investment Forum was held on November 6 and 7 with the participation of 48 foreign companies from 21 countries. The countries most represented were Germany, Russia and Spain. 115 bilateral meetings were organized. The sectors of greatest interest were food, construction, tourism and health.

Despite the complex international context, the presence of more than 60 countries in FIHAV 2019, is a sign of the confidence and solidarity of international entrepreneurs in the Cuban market, which we celebrate together with the overwhelming victory of Cuba at the United Nations, where 187 countries granted their vote in favor of Cuba to reject the illegal economic, commercial and financial blockade imposed by the government of the United States of America.