A new joint enterprise will benefit the food industry
The certainty that our country is an attractive and safe place for foreign investment, and of great potential, has been ratified with the constitution of the mixed company Proxcor S.A., the result of the merger between the Slovak group Proxenta and the Cuban corporation Corporación Alimentaria S.A. Coralsa, an association dedicated to the production of jams. The news is a new confirmation that neither genocidal blockades, nor laws such as Helms-Burton, will limit the confidence and commitment of the world business for Cuba. This agreement, which will be officially endorsed today, constitutes a good news for the Cuban market and another step in the recovery of the national food industry, which due to technological obsolescence and other limitations was forced to import thousands of tons of these products. Pavol Kozik, general director and owner of the Slovak company, explained that the planned investment amounting to 40.9 million pesos includes the installation of the most modern existing technology, which will allow the delivery of products for the Cuban market and to the export. He also said that when the technological reconversion is completed, the new factory to be built in Caibarién, Villa Clara, will have a production capacity of more than 12,000 tons per year, distributed in different assortments: regular and creamy sweet biscuits, sorbets, candies and sucks sucks in addition to breakfast cereals, under the Guaní and Toco brands. The president of Coralsa, Nelson Arias Moreno, explained the advantages of what was agreed for both parties, and pointed out that the investment process is planned to be carried out in the next five years, at different stages, in the first of which he will prepare cookies and sorbets; and then in 2023, the rest of the productions. To get an idea of the value and importance of the agreement reached, suffice it to say that, in the last five years, the country imported more than 41,500 tons of jams, and an annual average of about 8,400, which meant an expenditure of almost 157 , 8 million dollars.