DESCRIPTION

Setting up a plant with a production line for wooden frames, doors and windows using alternative materials and another line to produce glue-laminated wood (MLE in the Spanish-language abbreviation) items, a popular item for roofing, flooring, etc. We also foresee setting up a plant to treat and dry wood, providing services for our Cuban clients.

INVESTMENT TYPE

International Economic Partnership Agreement

ESTIMATED INVESTMENT

10.7 million USD

LOCATION

Boyeros municipality, Havana province

MARKET POTENTIAL

Domestic demand for these construction products for tourism, homes and other economic and social projects. Replacing imports, reducing costs and improving the quality of these products.

ESTIMATED ANTICIPATED RESULTS

Replacing imports of framing and structures thereby saving the country over 2.8 million USD each year. Meeting the demand for wooden framing for social jobs with better quality and meeting the needs of the different facilities in the tourism sector. We also foresee the exportation of framing and MLE structures to the Caribbean area. Investment recovery period is 3.8 years.