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January Friday

Cuban western province has already 76 MSMEs

MATANZAS, Cuba, Jan 7 (ACN) With the incorporation of three new micro, small and medium-sized enterprises (MSMEs) on Tuesday, the Cuban province of Matanzas now has 76 economic actors of this type, since the application and approval process began in late September last year.

According to Lourdes Sarmiento Diaz, coordinator of the provincial government in charge of the economic area, the main activities include construction services, production of construction materials, food processing and fish catching and commercialization, as reported to the Cuban News Agency.

Sarmiento Diaz explained that to date about 50 of these private entities have legal personality, after complying with the legal procedures established after the approval, among them the creation of a deposit account, the formalization of the notarial deed and the entry in the commercial registry.
The provincial government coordinator added that the number of MSMEs in Matanzas should grow in the coming months, if the number of applications sent from the western territory to the Ministry of Economy and Planning (MEP) is taken into account.

In addition, we could have in the near future the first MSME of the state sector, if the application for the Local Development Project La Vizcaya, located in the Ronera de Cardenas, a manufacturing plant of the Corporación Cuba Ron S.A., is approved, she said.

Recently, the MEP certified 86 new applications for the creation of economic actors, of which 84 correspond to MSMEs and two to non-agricultural cooperatives.

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