Arab Today, arab today cuba establishes first special development zone at mariel port
Last Updated : GMT 10:58:15
Arab Today, arab today
Arab Today, arab today

Cuba establishes first special development zone at Mariel port

Arab Today, arab today

Arab Today, arab today Cuba establishes first special development zone at Mariel port

Havana - XINHUA

President Raul Castro signed a decree Thursday for the establishment of Cuba\'s first special development zone, a local television channel reported. The special development zone will be put into operation in November at the Mariel port, about 45 km west of Havana, according to the decree. During a meeting with the Council of Ministers, Castro and his cabinet members also discussed details of the 900-million-U.S. dollar project undertaken by Brazil and Cuba. Castro highlighted the strategic importance of the project, not only for his country but also for the entire region, the report said. The project aims at turning Mariel into one of the largest port complexes in Cuba, as well as the largest container terminal in the Caribbean. Warehouses, industrial parks and oil wharfs will also be built to make it a hub for Cuba\'s foreign trade.

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