Weekly Report - 6 November 2014 (WR-14-44)

CUBA | Massive investment needed. At the 32nd Havana International Fair this week, Cuba’s minister for foreign trade, Rodrigo Malmierca Díaz, announced a list of 246 potential projects requiring an estimated US$8.6bn in investment. The Cuban government is seeking to push up foreign direct investment (FDI) to US$2bn a year in a bid to stimulate economic growth which, despite four years of tentative reforms, remains stagnant, with annual GDP growth of no more than 1.0% expected this year.

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