Famous Cuban investment group

Investors from abroad looking for a famous Cuban investment group may find that the landscape has shifted in recent times. There are big-name investors turning their attention to Cuba, putting cash into projects such as mixed-use developments and also hospitality.

The November 2020 launch of VUINEX, a one-stop-shop platform to make trade easier, whether dealing with registrations or payments, was launched. By knocking down some of the barriers that hinder business there are hopes that organizing issues like permits will speed up. The hope is also that the overall effect will be to act as an impetus to attract foreign investors by creating far more straightforward processes and systems.

What is really positive is that there is an active interest in attracting foreign investment and this has been increasing since the law relating to this subject was amended in 2014. With a couple of billion US dollars of foreign investment hoped for annually, it does appear that Cuba is intent on boosting its economy with real strides forward in this arena. With this in mind, now is a great time for private individuals and companies from abroad to find out more. After all, to be informed is the best way to make the most investment-worthy decisions. Covid-19 has really crushed economic buoyancy in so many places, yet at the same time it could serve to push forward with certain innovations more quickly. The world is changing and so is Cuba.