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Yuslenia Saumell, business specialist at the tourism ministry, said that before the end of the year they will iron out the proposal with the Spanish company that will execute the works alongside its Cuban counterpart in the Punta Colorada project.
Created with the Chinese Beijing Enterprises Holdings Limited company and the British Essence Hotels and Resorts, there are currently two joint firms for the construction of the site associated with golf courses in Bello Monte in Havana and in Varadero resort.
Until now, 60 foreign investment projects are under negotiation, explained the Cuban specialist. Saumell added that new hotel management contracts are expected to be signed his month with Spain and Canada. There is a program for the construction of 108,000 new rooms, of which 30,000 will be financed with foreign capital from now to 2030. She added that there are talks underway with other markets like the United Arab Emirates and China that are interested in exploring investment opportunities in Cuba’s tourism industry.
The Cuban tourism ministry has a portfolio that includes 127 projects, of which 25 are for the construction of hotels, 97 for hotel management, with or without foreign financing, and five dedicated to marinas.
Source: travelnewsdigest.in