Nestle lays first stone for $55 mn coffee factory in Cuba's Mariel port 

Cuba and Swiss firm Nestle on Tuesday laid the primary stone of a $55 million espresso and scones production line joint wander in the Mariel extraordinary improvement zone, the most recent major remote interest in the Communist-run island.

Nescor is Cuba's third joint wander with Nestle and reflects President Raul Castro's drive to pull in worldwide cash-flow to help refresh the Soviet-style order economy and animate development.

Cuba made the zone around the Mariel port only west of Havana four years back, offering organizations huge duty and traditions breaks. Its plan to supplant imports with Made in Cuba merchandise has turned into all the all the more squeezing since help from communist partner Venezuela is falling, bringing about a money crunch.

Settle Vice President Laurent Freixe said in a meeting after the representative stone-laying function that transactions with Cuban accomplice Coralsa and Mariel specialists had taken only year and a half, a "record speed".

Click Here To Know More – Nestle Coffee




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