Santa Clara, Cuba.- Construction works and mounting of technological equipment of a modern sweets factory have already started in the town of Caibarien, as the result of an agreement between Cuba and Slovakia.
Slovakian and Cuban experts are supervising the works in that municipality 50 kilometers away from Santa Clara, capital of the Cuban province of Villa Clara.
According to the schedule, the plant should start production by fourth quarter of 2020.
Slovak entrepreneur Pavol Kozik, president of Proxenta, a firm that together with Cuban Food Corporation S.A. (Coralsa), have undertaken the project, told the press that they are planning to invest 40.9 million dollars.
He added that this joint venture will be equipped with the most modern technology, which will help boost production for the Cuban market and export.
The industry, the most modern in the country of its kind, is being assembled within the area that Caibarién Confitera currently occupies with more than 40 years of exploitation and equipment that is mostly obsolete.