Sunday, February 11, 2007

Challenges to foreign business in Cuba

Posted February 11 2007

Challenges to foreign business in Cuba

Employer pays government for workers, but the state pockets most of the
money.

Increasingly must import through state agencies.

High degree of theft, low productivity, weak customer service.

High utility and transportation costs.

Concern over judicial issues, since government is partner and also judge.

Repeated need to renew visas and work permits.

Source: Association for the

Study of the Cuban Economy; Sun-Sentinel research

http://www.sun-sentinel.com/news/local/cuba/sfl-sbcubabizboxfeb11,0,2061903.story?track=rss

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