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The Brazilian construction company Odebrecht will invest in the expansion of the international terminal of Havana, a project valued at $ 207 million, reported a Cuban newspaper.

"This month the shares of repair and modernization of the Terminal (number 3) to streamline the services they receive almost two thousand travelers passing peaking start," said Fabio Goebel, representative of New Business at Odebrecht island, the publication "Contemporary Cuba."

Cuba receives three million tourists annually, mainly by air, and it is expected that the number could increase to US travelers, following the decision of Washington and Havana last December restore diplomatic relations.

This is the third project in Cuba assumes a leading construction companies in Latin America. The first was the extension of the Special Development Zone Mariel which included funding of more than $ 800 million provided by the Brazilian Development Bank.

A subsidiary of Odebrecht managed from 2013 the sugar mill "September 5" in the eastern province of Cienfuegos, with an operating contract for 13 years with the Cuban state enterprise Azcuba, in what is considered the first investment in a sector exclusively State since 1959.

Currently Odebrecht is present in 21 countries with businesses in various sectors, especially the construction of civil works, and an annual turnover of around 42,000 million.

Source: Havana Times

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