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Havana.  January 27, 2014

Cuba inaugurates Mariel Special Development Zone’s first port facilities

Ramadán Arcos

Cuban President Raúl Castro Ruz and Dilma Rousseff, President of Brazil inaugurated the first section of a container terminal at the port of Mariel, 45 kilometers west of Havana.

Also in attendance were the presidents of Bolivia, Evo Morales; Venezuela, Nicolás Maduro; Guyana, Donald Rabindranauth Ramotar; Haiti, Michel Martelly and Jamaica’s Prime Minister, Portia Simpson-Miller, in addition to executives of companies involved in the work.

The port facilities are located within a special development zone recently established as part of the country’s efforts to update its economic model, and is designed to encourage foreign investment in this deep-water port.

The Brazilian construction company Odebrecht is responsible for the project, which has benefited from $682 million in financing from Brazil’s National Economic Development Bank and the Brazilian government’s Development Bank.
 

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