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Tuesday, June 18, 2019
Wednesday, March 20, 2019

Cuban President Urges to Improve Quality of Food Investment



Havana, Mar 20.- Cuban President Miguel Diaz-Canel advocated Wednesday to improve the quality of the investment in the food industry.

Diaz-Canel, speaking at the annual report meeting of the Ministry of Food Industry, referred to the importance of keeping wheat flour in the milling industry to prevent productive gaps and increase the quality of bread for the population.

Iris Quiñones, Minister of the sector, advocated greater and better preparation for investment projects.

According to information released during the meeting, the food industry development program in Cuba seeks to give priority to investments with high and rapid impact.

It also focuses on identifying small investments with their own resources to generate quick results and increase foreign investment.

Investment in the construction of a plant in the Mariel Special Development Zone (west) began in 2018 and is expected to be completed by 2020 to produce coffee and biscuits.

Besides, the mixed company Las Lomas started production, providing this year around three million boxes of soft drinks, and the mixed company Comital S.A. was created for pastas production.

According to the balance presented, seven international economic association contracts are being negotiated to increase shrimp farming, exportable funds from the fishing sector and the production of wheat flour.

In 2018 were identified actions and resources to boost high-value products exports in the market such as live lobster and eel, which allowed to raise the exportable levels of this latter product during the last quarter of that year with an additional contribution of more than five million dollars, she said. (Prensa Latina)