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Entrepreneurs contribute to local economy in central Cuban province

Sancti Spiritus, Cuba, Feb 3 (Prensa Latina) The business sector, which brings together micro, small and medium-sized enterprises (MSMEs), is relevant in the economic development of this central province of Cuba.

Local Economy and Planning Director Edilio Gil told reporters that more than 225 MSMEs were approved in little more than a year, which adds to a better economic role in the territory.

As Prensa Latina learned, the province has 140 products from various sectors that were incorporated or in the process of approval on the export map.

Among the lines that ended 2022 with positive results are bee honey, academic services, charcoal, hand-rolled cigars and black branch tobacco, seafood such as lobster, and various biotechnological services, among others.

Gil explained that these new forms of management have created more than 5,700 jobs in various services such as restaurants, construction, preservation of fruits, vegetables and meats, as well as maintenance and repair of motor vehicles.

Most of the approved enterprises are from the private sector and are classified as small, except for Serviescam, which provides services to Escambray Electromechanics, in the municipality of Fomento.

The municipalities with the largest number of entrepreneurs are Trinidad, Cabaiguan and Sancti Spiritus.

Currently, the South Jibaro Grain Company, the province’s only export hub, works to produce about 2,000 tons of charcoal this year.


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