HAVANA TIMES — The Cuban government has issued a regulation for “maquiladora” companies that will operate in the future Special Development Zone at Mariel, a port west of Havana that’s being expanded into a major facility, reports AFP.
The resolution establishes special customs regulations that will exempt the payment of import duties on “certain goods” that will be re-exported with higher added value. Likewise, export rights will include a “drawback” regulation when “the exports will be beneficial to the national economy.”
Also foreseen in the special zone is an industrial platform for the importation, production and the selling of products to the home market and those of other countries, as well as a modern “mega-port” to replace the Port of Havana. The first phase of operations should begin this month.