Cuba: T.O.MA. Group signs contract to build a hotel in Trinidad
The 12th edition of the Construction Fair, Cuba’s major construction show with 200 exhibitors from 26 Countries this year, was held in Havana from 3 to 6 April.
On the sidelines of the Fair, representatives of the T.O.MA. Group signed a contract worth approximately 60 million dollars for the construction of a hotel in Trinidad to be managed by Spanish hotel chain Melìa. The Italian company successfully finalised the negotiations for the adjudication of the construction of two tourist facilities to be built in the tourist resort on the southern coast of the Island, in an international economic association with Cuba’s Dinvai.
The construction sector confirms to be strategic for Cuba as it aims to introduce new state-of-the-art technologies into the Country. This sector is at the top of the “Cartera de oportunidades”, a document that is presented every year concomitantly with the Construction Fair and is the handbook for attracting foreign investments. The best opportunities for Italian companies can be found in the development of tourism infrastructure and in rehabilitating their architectural heritage.