Opportunities of foreign investment available in the telecommunications sector

Édité par Jorge Ruiz Miyares
2021-01-25 10:26:16

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Havana, January 25 (RHC) -- With the aim of developing programs and computer applications and encouraging innovation and technological development, four new foreign investment projects in telecommunications and information technology are available in Cuba's 2020-2021 Portfolio of Opportunities.

With the aim of developing programs and computer applications and encouraging innovation and technological development, four new foreign investment projects in telecommunications and information technology are available in Cuba's 2020-2021 Portfolio of Opportunities.

The initiatives available for foreign capital include creating a Call Center for the export of services, establishing an Information Technology Services Center, constructing network infrastructure, and the modernization of the postal network.

Carlos Luis Jorge Méndez, general director of Foreign Investment, highlighted that prospective investors would operate in a more transparent economic environment, thanks to the implementation of the Ordering Task.

This financing will also be destined to create science and technology parks, international certification facilities for services, online support, and technical assistance modalities, and the promotion of new technologies and spaces for research and development of software.

In the case of postal services, foreign investment will seek to improve the quality and commercialization of domestic and international courier services by developing and updating technologies for the processing, distribution, and delivery of postal parcels, express parcels, and postal graphics.

As support for the implementation of the Integral Policy for the Improvement of the Informatization of Cuban Society, the possible financial support for the construction of network infrastructure would guarantee the country's broadband connectivity in the next 10 years.

The Portfolio of Opportunities excludes foreign participation in the operation and commercialization of telecommunications services.



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