Cuba, China to Set Up Joint Venture Company for Electronic

Elio Pacheco, director of GE pointed out that this project will allow Cuba to reduce imports while boosting the capacity and quality of the local industry in technology and building processes.

Pacheco said they aspire to manufacture products that satisfy local demand and could eventually be exported. He added that this new company will build electrical appliances, desktop computers, laptops and their spare parts and others like washing machine, air conditioners and lightning.

Miosotis Montalvo, GE business VP, highlighted the support given by the Haier Corporation Cuba, thanks to its access to cheaper raw materials and with the state-of-art technology it has to guarantee high quality products.

Montalvo mentioned the presence of Haier TV sets in the domestic market as one of the main achievements of the cooperation between the Chinese company and the Cuban group, which ensembles them locally. Haier made a presentation of electronic and computing products this Thursday at the Hotel Nacional de Cuba with the attendance of its directives and Cuban authorities. #