The conclusion of the 41st Havana International Fair, FIHAV 2025, on Saturday has brought growing attention to the new economic measures announced by Cuba during the event.

Havana, Cuba.- A list of possibilities, especially regarding foreign investment, has captured the attention of fairgoers. Companies and experts are closely following these new measures, which cover a wide range of topics.

During the 8th Investment Forum held in the framework of the Fair, Deputy Prime Minister and Foreign Trade and Foreign Investment Minister Oscar Pérez-Oliva presented details on these measures and the Government’s macroeconomic stabilization program.

One of the key issues concerns the Special Economic Zones, with continued promotion of creating special zones (not necessarily on the scale of the Mariel Special Development Zone-ZEDM) for specific activities such as real estate or technology parks.

New financial and real estate modalities, including Selective Swap Operations, which selectively implement debt swaps to restructure obligations and obtain foreign currency income or access financing, are stated.

This is followed by a push for the real estate business, which promotes a new model in which foreign investors provide financing for residential projects.

These businesses must be self-sustaining in foreign currency and comply with requirements for heritage protection, energy efficiency, and the use of renewable energy sources. (PL)