Cuban President vows best conditions for Vietnamese investors

Cuban President Miguel Diaz-Canel (Photo:AFP/VNA)

The SAVING factory is a joint venture between Vietnam’s glass and construction ceramic producer Viglacera and Prodimat Company of Cuba in Santa Cruz, Mayabeque, about 60 km to the east of Havana.

It was put into operation since the beginning of this year, capable of producing around 7,000 sq.m of ceramic tiles per day. The capacity is expected to reach 3 million sq.m a year. SAVING plans to start construction of another wall tile plant next year with a designed annual output of 3 million sq.m.

The Cuban leader said SAVING plays a crucial role in Cuba’s production expansion strategy as an effort to reduce imports of necessity goods.

He asked the joint venture to persify its products to meet increasing demand in the Cuban market and emphasised that the firm should improve measures to ensure environmental standards.

President Diaz-Canel affirmed that he is ready to help SAVING solve difficulties in material supplies and others and support its future projects at Mariel Special Development Zone.