Cuban medicine has an outstanding record in terms of work methodologies, rigorous and innovative procedures, and medical protocols for health care. It has achieved tangible results and has experienced steady growth; it is also a system open to investment opportunities that could further boost the development of the health sector.
Foreign investment presents itself as a valuable opportunity for the health business sector, with a focus on the export of goods and services, aimed to maintain and develop the Cuban National Health System, which is universal and free for all its citizens. Cuban policy for foreign investment prioritizes tourism, including health tourism, as well as the modernization of infrastructure and the change of the technological pattern in the economy, especially in less developed areas.
Potential investors will find numerous advantages when considering this opportunity in our country. First, they will be able to enjoy a secure and transparent legal framework established in Law No. 118/2014 on Foreign Investment. In addition, Cuba offers political, social and economic stability and security, which provides confidence to investors. The incorporation to an expanding market and the possibility of having highly qualified human resources are key differentiating elements that stand out in the portfolio of opportunities in the health sector.
One of the fields in which it is possible to invest is the development of International Health Centers. Three villages located in eastern Cuba, Cocal-Quinqué in Holguín, Colibrí in Santiago de Cuba and El Yarey in Granma, offer an exceptional natural environment that favors a pleasant stay for patients and their companions. These centers have implemented for 27 years an Integral Addiction Treatment Program, with excellent results in more than six thousand patients from 42 countries. The program has a multidisciplinary medical coverage, more than 30 years of experience and a 24-hour nursing service in the centers.
The portfolio of opportunities for foreign investment in the eastern region of Cuba also includes projects that seek to incorporate state-of-the-art technology and international quality standards, such as the production and commercialization of materials for the optics sector, including the provision of related services.
These projects represent a valuable contribution to the support and development of the Cuban National Health System, which aims to offer universal and free medical services to all citizens. If you are looking for an opportunity to invest in a growing sector, with highly qualified human resources and a favorable environment, eastern Cuba is an ideal place to make it happen.
For more information on investment opportunities in health sector in Cuba, we invite you to consult this section in our website and to contact the relevant authorities.
By: MSc. Dra. Patricia Alonso Galbán
Specialist in Communications from CSMC, S.A.