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MEJ: Have you heard any economic projections regarding
what may be possible in Cuba?
Balzano: During our two visits, we met with government
employees who shared government-issued projections. But
we met with them prior to the change in diplomatic relations, which completely changes the trajectory and potential opportunities in Cuba. It remains to be seen how these
projections will play out.
However, Cuban tourism revenue is likely to increase
and certain financial restrictions to ease. Cuba’s largest and
newest marina is Marina Gaviota Varadero located in the
Varadero Peninsula. This marina, when completed, will be
the country’s largest and most modern facility. Industry
leaders in Cuba have mentioned plans to eventually
expand the marina to 1,200 slips from its current capacity
of just under 500, if that’s any indication for future projections. ME
Cuba hopes its newest and
largest marina, Marina
Gaviota Varadero, will be a
magnet for US boaters and
other tourists. More familiar
on the island are small fishing
boats and traditional docks.
Photos courtesy of Julie Balzano