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MSMEs focus on food production in Cuban province

MSMEs focus on food production in Cuban province

Camagüey, Cuba, Jan 12 (Prensa Latina) In Cuba's largest province, Camagüey, the strategy of micro, small and medium sized enterprises (MSMEs), endorsed by the Ministry of Economy and Planning, is being strengthened, especially for food production.
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Thanks to the extensive potential for the country’s development, 43 MSMEs are listed in this region, 34 percent of which will devote to food processing, including those linked to the preservation of fruits, vegetables, legumes, condiments, in addition to the production of natural beverages and wines.

New actors that will be decisive for Cuba’s economy are planned for 2022, on a territory with the greatest livestock tradition and contribution in the field of dairy products. In an exclusive interview with Prensa Latina, Miguel Sanchez, chairman of a MSME, expressed his hope to have one of the businesses of this type ready in February, “although the country is making progress in legal matters, it is something new, and it must be improved because I see the future here.”

His experience as a chef wlinked to the tourism sector for more than two decades and with a background in the production of handmade pastas in the Piedmont region of Italy, precedes the Cuban entrepreneur.

“The private sector is aware of the process and the need to replace imports and generate foreign currency, even my own employees might be paid partially in foreign currency, and a good investment helps both the State and individuals,” he said.

The generation of new jobs, the diversification of the economy and the expansion of the social purpose of this type of company “are the fundamental issues to truly grow as a country and to update ourselves,” he noted.

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