Cuba Has Approved 62 Businesses for the Mariel Special Development Zone

EFE/14ymedio, Havana, 11 July 2022 — Cuban state media reported on Sunday that the Mariel Special Development Zone (ZEDM), the government’s flagship project intended to attract foreign capital, currently has 62 approved businesses with more than three billion dollars in committed investments, a bit more than it was expected to attract annually. The figures were … Continue reading “Cuba Has Approved 62 Businesses for the Mariel Special Development Zone”

No Money to Finish Construction on Mariel Housing Project

14ymedio, Natalia López Moya, Havana, May 18, 2021 — Some months ago the place was alive with construction activity. Now, however, there are no bricklayers or engineers anywhere in sight, and the din of building tools is nowhere to be heard. Construction of nine houses for senior executives of the Mariel Special Development Zone (ZEDM) … Continue reading “No Money to Finish Construction on Mariel Housing Project”

After Six Years, Cuba’s Port of Mariel Continues to Move Little Cargo

14ymedio, Havana, 15 October 2020 — The Mariel Special Development Zone (ZEDM) reported this Wednesday through its website that its container terminal has handled two million TEUs since its inauguration in January 2014 (the unit of measurement in maritime transport  that is equivalent to one 20 foot container). “A new milestone,” the official press said, detailing what … Continue reading “After Six Years, Cuba’s Port of Mariel Continues to Move Little Cargo”

The Ghost of The Special Period Threatens Cuba in 2019, Warns Report

EFE (via 14ymedio), Miami, March 5, 2019 — The economic crisis Cuba is experiencing will worsen in the next few months and, if it doesn’t open itself to a market system, the country could fall into a new “Special Period,” the grave depression into which the island was sunk in the 90s, according to predictions … Continue reading “The Ghost of The Special Period Threatens Cuba in 2019, Warns Report”

Mariel, the Cuban Hong Kong That Never Became One

14ymedio, Mario Penton, Miami, 14 June 2018 — In 2014, Raúl Castro, who promoted the deepest economic reforms since the establishment of the socialist system in Cuba, surrounded by his allies Dilma Rousseff, Evo Morales and Nicolás Maduro, promoted the largest project of his mandate, the creation of a Special Development Zone in the Port of … Continue reading “Mariel, the Cuban Hong Kong That Never Became One”

Green Light in Mariel Special Zone for Five Foreign Companies and Two Cuban Ones / 14ymedio

14ymedio, 15 July 2015 — Seven companies received approval to open businesses in the port of Mariel and the nearby industrial area, as reported Wednesday the Associated Press. Since late 2014, the green light has been received by two Belgian companies, two Mexican, one Spanish and two Cuban, which will be dedicated to food, chemicals, logistics … Continue reading “Green Light in Mariel Special Zone for Five Foreign Companies and Two Cuban Ones / 14ymedio”

Wages in Mariel: One Good Thing and a Lot of Bad Things / Dimas Castellanos

In accordance  with the new Foreign Investment Law*, workers will be engaged by an State-run employing organisation. When you factor in the fact that the only union permitted is the one representing the interests of the State, we are looking at a capitalist-style relationship in which the workers have no-one to defend them. Although we … Continue reading “Wages in Mariel: One Good Thing and a Lot of Bad Things / Dimas Castellanos”

Mariel, Another Cloud in the Olive Green Paradise / Miriam Celaya

HAVANA, Cuba, November www.cubanet.org — They say that socialism is the long way between capitalism and capitalism. Now the official press itself informs us that there is a shortcut: “Mariel, the Shortest Path” (Juventud Rebelde, Sunday, November 3rd, 2013, pages 4 and 5) is a lengthy article by writer René León Tamayo, who — with … Continue reading “Mariel, Another Cloud in the Olive Green Paradise / Miriam Celaya”

Cuba’s Artemisa Bacteriological Laboratory ‘Does Not Comply With Any Biosafety Standard’

14ymedio, Havana, 1 February 2023 — The deterioration of the facilities of the José Suárez Blanco Microbiology Laboratory, in Artemisa, Cuba, and the shortage of medical materials make it difficult to diagnose infectious diseases in the province. A publication of the official newspaper El Artemiseño presents a string of misfortunes since the creation of the center, which has … Continue reading “Cuba’s Artemisa Bacteriological Laboratory ‘Does Not Comply With Any Biosafety Standard’”

Cuba’s Prime Minister Criticizes ‘Obsolete Mentalities Against Foreign Capital’

14ymedio, Havana, 16 November 2022 — For a second time in a week, the Cuban Government felt the need to affirm that it will fulfill its international commitments and will settle “the delays that exist in the transfers with the exterior.” That is, “from the possibilities of the country,” said the Prime Minister Manuel Marrero, … Continue reading “Cuba’s Prime Minister Criticizes ‘Obsolete Mentalities Against Foreign Capital’”

Cuban Government Hides the Origins of 20 Million in Foreign Investment Approved This Year

EFE/14ymedio, Havana, 21 July 2022 — In the first half of this year, Cuba approved nine businesses with foreign capital for an amount of some 20 million dollars, according to the Minister of Foreign Trade and Foreign Investment, Rodrigo Malmierca, who spoke in a meeting with parliamentarians on Wednesday. Without giving details about the companies, … Continue reading “Cuban Government Hides the Origins of 20 Million in Foreign Investment Approved This Year”

Pesos Instead of Dollars: A Bad Deal for Cuban Employees of Foreign Firms

14ymedio, Havana, 22 December 2020 —  Beginning in January, Cuban workers employed by foreign companies will no longer receive part of their salary in dollars. After currency unification takes effect, they will be paid only in Cuban pesos. Rodrigo Malmierca, Minister of Foreign Trade and Foreign Investment, made the announcement on Monday during a broadcast … Continue reading “Pesos Instead of Dollars: A Bad Deal for Cuban Employees of Foreign Firms”

Individuals May Sell Their Surplus Renewable Energy to the Cuban State

14ymedio, Havana, 29 November 2019 — On the eve of the climate summit, which begins next Monday in Spain, the Cuban government has announced a small step in favor of the almost non-existent renewable energies, allowing the sale by private producers of electricity generated from this type of source. Decree Law 345, published this Thursday, does … Continue reading “Individuals May Sell Their Surplus Renewable Energy to the Cuban State”

Brazil Freezes Export Insurance to Cuba due to Default

14ymedio, Havana, 28 December 2018 — The Brazilian government froze providing credit insurance to new exports to Cuba due to default, after taking the same steps in connection with Mozambique and Venezuela, as published by the Brazilian newspaper Folha de São Paulo. The National Bank of Social and Economic Development (BNDES, by its Spanish acronym) has … Continue reading “Brazil Freezes Export Insurance to Cuba due to Default”

‘Raulismo’ in Ten Images

14ymedio, Havana, 18 April 2018 — Ten images from the regime of Raul Castro, which is slated to end tomorrow. Raúl Castro assumes the presidency of Cuba On February 24, 2008, Raúl Castro delivered his first speech as head of state when he formally assumed permanent power after the resignation of his brother, Fidel. By … Continue reading “‘Raulismo’ in Ten Images”