On October 4, 2023, the seminar on investment promotion in the Cuban market was successfully held, with nearly 100 domestic enterprises in different fields interested in Cuban investment participating.
The seminar on investing in the Cuban market was organized by Viglacera Corporation in cooperation with the Vietnam Chamber of Commerce and Industry (VCCI). Present at the meeting were the Ambassador Extraordinary and Plenipotentiary of the Republic of Cuba to Vietnam, the representative of Vietnam’s Cuban trade, and the Secretary General of the Vietnam Chamber of Commerce and Industry. At the seminar, representatives of Vietnam and Cuba shared information about ViMariel Industrial Park (IP), as well as the sectors that Cuba attracts investment, the investment environment, the preferential policies in the Vietnam-Cuba trade agreement, especially the government’s preferential policies for Vietnam.
This seminar attracted the interest of nearly 100 Vietnamese enterprises in energy, power equipment, consumer goods, furniture, agriculture and other fields. Enterprises continuously give questions about market, investment policy, ViMariel IP and the government’s preferential policy for Vietnamese enterprises. In addition, many investors have shown special interest in the potential, advantages and development opportunities of investing in ViMariel IP.
ViMariel Industrial Park is the first industrial park to be invested by foreign enterprises in Cuba. The industrial park is developed by ViMariel – JSC, a subsidiary of Viglacera Corporation, located in A10 District of Zone A, Mariel Development Zone of Artemisa Province, Republic of Cuba. The industrial park started construction at the end of 2018, with a scale of 156 hectares, operated in 50 years and will be expanded to 256 hectares in the future.
ViMariel IP is located in the trade center of the Caribbean, with easy access to key neighboring regions.
After five years of investment and development, ViMariel IP has become a reliable investment destination for a series of enterprises from Europe and Vietnam, involving building materials production, water purification equipment, package and packaging machinery, animal feed, agriculture, consumer goods and other fields. The total investment reaches nearly 100 million USD.
It can be seen that ViMariel IP brings many significant advantages to investors. The economic zone enjoys a superior geographical position, as it is close to the capital of Havana and Jose Marti International Airport, with many convenient transportation facilities by road and rail, and quick connection with other key areas.
It is worth noting that ViMariel IP is adjacent to TC Mariel, the most important deep-water seaport in the Caribbean Sea and Central America, and can serve the 400-million-people market.
In addition to geographical advantages, enterprises investing in ViMariel IP also enjoy special incentives such as corporate income tax, personal income tax and customs duties. Limited to special economic zones and tax incentives under the Vietnam-Cuba trade agreement.
With more than 20 years’ experience in investing and developing 12 industrial parks in Vietnam and Cuba, ViMariel IP assures that enterprises will get the greatest support and companionship in the whole process when investing in ViMariel IP, which will help to save costs, time and risks.
ViMariel IP masterplan
At present, ViMariel IP has available land with modern and comprehensive technical infrastructure and services meeting international standards, ready to welcome investors to build factories.
For further information, please contact:
Hotline: (+53) 58 68 68 68 (Cuba); (+84) 9 8382 0304 (Zalo/ Skype/Whatsapp/Viber)
Email: vimariel.jsc@gmail.com | Website: https://vimariel.com
Images of the seminar: