El tiempo - Tutiempo.net

Foreign trade and investment evaluated in Holguín

  • Published in Holguin
  • Hits: 1365
comercio inversion 1Photo: By the author
 
The performance of foreign trade and investment during 2020 in Holguín were evaluated here in meeting held by the department of the Provincial Government responsible for monitoring and promoting these economic activities.
 
The meeting was attended by state companies such as Cubaníquel, Holmeca and the University of Holguín; representatives of the non-state sector; the Territorial Delegation of the Chamber of Commerce and other entities whose productions are destined for export.

It was reported among the main results that 35 of the 42 exportable items planned were fulfilled, whose sales exceeded 25 million pesos, which surpassed the figure achieved in 2019.

New goods and services, including those developed by the Company of Various Local Industries (Avil) and the Cuban Fund for Cultural Goods, were incorporated into the territory's exportable offer, for a total of 65 goods and 14 services.

In relation to foreign investment, the approval of two new businesses in the electro-energy sector (Eólica Gibara III and Eólica Río Seco II S.A.) and one in the mining sector (Ferroníquel Moa S.A.) stood out. Another six continue to develop, mainly in tourism.

On the other hand, productive chains and substitution of imports were among the achievements in 2020, although it is necessary to further promote these actions.

Leonardo Bruzón, head of the Department of Foreign Trade, Foreign Investment and International Cooperation of the Provincial Government, said that despite the complexities faced last year, such as the COVID-19 pandemic and the worsening of economic sanctions against Cuba , Holguín producers for export reached encouraging results.