Brazil’s Odebrecht Corp. to Expand Havana Airport

HAVANA TIMES — The Brazilian Odebrecht corporation will carry out the expansion of the international terminal of the Havana airport, a project valued at $207 million, reported a local Cuban website.

“This month beings the repair and modernization of Terminal 3, to streamline the services offered to the almost two thousand travelers during peak hours,” said Fabio Goebel, a Havana representative of Odebrecht, states “Contemporary Cuba.com”

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

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

Since 2013, a subsidiary of Odebrecht manages the “September 5” sugar mill in the south-central province of Cienfuegos, with an operating contract for 13 years with the Cuban state enterprise Azcuba, the first foreign investment in a sector exclusively State since 1959.

Currently Odebrecht is present in 21 countries with businesses in various fields, especially civil engineering and construction, for around 42 billion US dollars a year.