Mexico Explores Business Opportunities in Cuban Tourist Sector

HAVANA, Cuba, Sep 4 (acn) When the flow of foreign visitors is growing at historic rates on the island, 17 percent in the first half of the year, the interest of foreign capital to do business in the Cuban market also increases.
While this is shown by the visit to the island since Wednesday of an important Chilean business and government delegation, it was also confirmed on Thursday with the arrival in Havana of Enrique de la Madrid, new head of the Mexican Tourism Secretariat.
Although with not too many details for the moment, sources with the Cuban Tourism Ministry told ACN about the mission of the high Mexican official on the island which, among other actions, includes his participation in a business forum with his Cuban counterpart Manuel Marrero to explore investment opportunities in this key sector.
As informed today by the website of the Mexican Editorial Organization (OEM), the Mexican Secretary of Tourism arrived in Havana on Thursday accompanied by 40 businessmen interested in knowing the portfolio of projects offered to foreign capital by the Cuban nation.
According to their program, the entrepreneurs plan to visit the famous seaside resort of Varadero, the island’s main tourist area.
For both Cuba and Mexico, the incomes generated by the tourism industry are considerable, so it is a priority sector in their development strategies.
Today, with more than two billion dollars of revenue a year, tourism represents to Cuba one of its top three sources of greatest contribution to the Gross Domestic Product, and it’s among the main activities generating jobs and attracting foreign investment dynamically.

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