Cuba seeks investors to build golf courses
- Submitted by: manso
- Business and Economy
- 05 / 04 / 2011
Cuba is moving forward in its negotiations with foreign investors to build 16 golf courses, Tourism Minister Manuel Marrero Cruz said Tuesday in Havana, during the opening of the International Tourism Fair.
The negotiations include the construction and sale of homes near the courses to foreign buyers.
The Gaviota hotel group, operated by the military, "is developing a strategy of diversification by investing in marinas" and "golf courses," Marrero said, according to Agence France-Presse. At present, Cuba has two golf courses, one in Havana, the other in Varadero.
Mexico's minister of tourism, Gloria Guevara Manzo, who is attending the fair, said that several Mexican companies "are exploring the possibility" of investing in the golf courses. Mexico "has great experience" in that field, she said.
Source: //miamiherald.typepad.com/cuban_colada/2011/05/cuba-seeks-investors-to-build-golf-courses.html
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