Food & Beverage

Jan 31, 2016

Sweet Cuba

In 2011 the Cuban Government created a state company to manage all assets from the national sugar industry. Today, AZCUBA produces, refines, packages and exports high quality sugar from the Caribbean island.

<

Sugar production is rooted in Cuba's history since the arrival of the first European settlers, back in the 15th Century. The installation of sugar engines was swift, which started a growth in production and shipment to Europe, to be sold to the whole world.

After centuries of intensive agricultural activity, the Cuban Government decided, after the Revolution, to nationalize the entire sugar industry and invest heavily into cane production. The economic embargoes that followed the Revolution didn't allow the country to reach its high production potential, but recent economic developments within the country, as well as the recent opening to foreign investment, have transformed cane farming and sugar production into a sweet business in which countries like Brazil are already taking part.

Since 2013 the sector has grown, enabling investments in research & development, engineering and human resources.

Cuba has a total production of about 2 million tonnes of sugar, and a huge part of it is exported to various countries, making this sector the seventh source of foreign currency into the Caribbean nation.

The most part of sugar engines have been built over 60 years ago, and require regular maintenance and repairs. The Cuban Government is searching for foreign partners to invest in engines renovation and installation of new production units. Brazil, through the industrial conglomerate Odebrecht, has become the first country to invest in the cuban sugar industry since 1959. The Brazilian group has started its operation in Cuba in 2013 by establishing a local company – Compañía de Obras en Infraestructura –, which has a 13 year contract and the goal to increase production on its engines up to 120.000 tonnes.

AZCUBA has identified more investment opportunities in the sugar sector and has made them available. AZCUBA Group includes, apart from their engines and industrial units, other companies dedicated to sugar and technology export, nationwide sales and distribution, logistics, and research centres.

More Articles

FeaturedArticles

  • #1

    Technology

    Oct 22, 2018

    MOTO ZEN STONE

    "'Smartphones' are powerful pieces of technology that may reveal addictive tendencies between users. 'Moto Zen', namely the model 'Stone', was created as a response to this side effect."

  • aula3

    Research & Education

    Mar 22, 2018

    ON TOP OF THE WORLD

    Here goes the bad news: in case you haven't notice, there is no such job as "math". So, don't bother you children with getting a degree as mathematician – he, probably won't like the idea and he will not get a regular job.

    ...

  • hq720

    Technology

    Apr 1, 2017

    CURIOSITY CREATED THE ROBOT

    So far we have only explored five percent of the Earth's oceans. This means, just to grip the real picture, that currently we know a lot more about the geography of the Moon than about the oceans of our own planet. 


  • NovaBateria01

    Technology

    May 1, 2017

    The batteries of the future are here

    With and age of 94 years old we would expect that John Goodenough would slow his rhythm, yet the inventor of the Lithium-ion batteries that have allowed us to increase the longevity of our cellular phone use and the development of...

  • slide-1

    Food & Beverage

    May 28, 2018

    THE ART OF CANDY

    Sunflower, peanut or sesame halva, with or without additives, almond, walnuts, and other nuts, the most delicate cream flavoring, the most delicious Turkish folder – in any of the sweets brand you will find a variety of tastes,...

  • Depositphotos_96954074_xl-2015

    Lifestyle & Travel

    Mar 1, 2017

    SALZBURG - BEYOND MOZART

    Salzburg, whose name literally means "salt fortress", was refunded on the 8th century by St. Rupert of Salzburg, and it's the current capital of the state of Salzburg and the fourth largest city of Austria.


  • Belwest

    Luxury & Fashion

    Dec 1, 2014

    Strategy for Success

    Due to its own distribution network Vitebsk-based company Belwest has become one of the footwear sales leaders on the post-Soviet era.

  • 01

    Home & Design

    Jan 1, 2017

    SWEET DREAMS WITH THE "SNOO"

    Dr. Harvey Karp has developed SNOO, a smart baby bed that helps parents and ensures child safety.

  • 02

    Lifestyle & Travel

    Feb 1, 2017

    CAVE WITH FRENCH CHARM

    In Loire Valley, (in French Vallée de la Loire), troglodyte caves have been transformed into accommodation as elegant as unforgettable. The Amboise Troglodyte provides a truly unique experience that we now make known to you.

    ...