EFE via 14ymedio, Havana, 27 March 2018 — A Vietnamese company will start producing disposable diapers and sanitary pads starting in the first half of 2019 in the Mariel Special Development Zone (ZEDM), the largest project on the island dedicated to attracting foreign investors.
The Director General of the Thai Binh Investment Trading Corporation, Vi Nguyen Phuong, explained on Tuesday to the Cuban media that the investment in the project, which is currently under construction, is estimated at over 9 million dollars and is expected to produce 40 million diapers and 150 million sanitary pads annually. continue reading
The Vietnamese company, with a presence in Cuba for nearly 20 years and and approved to develop in the Mariel Zone since 2016, has set the purpose of “offering the consumers local, high quality items made in Cuba”, according to the representative, cited by Island media.
In Cuba, there is not currently a factory for disposable diapers. It was announced last november that a Cuban-Italian company will build a plant to produce disposable diapers in the ZEDM, which is the business center and merchant port located about 45 kilometers west of Havana.
Disposable Diapers sold in hard currency stores on the island are imported and often sold out due to the high demand for these essential health products.
The Vietnamese board also revealed that the company plans to extend the investments in Mariel with the construction of a detergent plant capable of producing 50,000 tons per year.
This new project will be joint creation in partnership with the Cuban trade company “Industrias Nexus S.A.”. They intend to present the Mariel office with the proposal in April with plans of starting in 2020.
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Translated by: Michael Minshew
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