Cuba will create the second joint venture linked to golf
- Submitted by: Juana
- Asia
- Havana
- Business and Economy
- 06 / 23 / 2015
The state company Cuba Golf and Chinese company Beijing Enterprises Holdings Limited would be in charge of reach ing a deal with a capital of 462 million dollars to launch the complex that will be located in Monte Bello, east of Havana.
Previously, in early 2014, it was established the first joint venture between the Cuban Palmares group and the British company Esencia Hotels and Resorts, to develop real estate facilities related to golf courses for tourism. The execution of associated works will begin the first quarter of next year and has a capital of 360 million dollars from the Asian firm.
source: www.cibercuba.com
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