KEY SENTENCE!! Skeptics of the project see it as the latest - TopicsExpress



          

KEY SENTENCE!! Skeptics of the project see it as the latest repository for Cuban state-sponsored hype, now that foreign oil companies have all but given up their hunt for crude in Cuban waters. THE JOYS OF 21st CENTURY COMMUNISM/SOCIALISM! BUT WAIT! CUBANS MAY HAVE CHINOS, BUT THEY ARE NOT CHINOS! TOO MANY CULTURES MIXED! NOT APPLES TO APPLES! THE CASTROFASCIST OLIGARCHY MAFIA HAS SHOW ITS TRUE FACE AGAIN! GLOBAL POST: At Mariel port, Cuba follows Chinese blueprint - With the nearly $1 billion port project, Cuba seeks to carve out a special economic zone for global capital. - Nick Miroff - November 23, 2013 HAVANA, Cuba — One country, two systems. The formula has worked for China’s business-minded communists. Can it succeed in Cuba? President Raul Castro’s government is building its own version of a Chinese-style economic zone on the banks of the Mariel Bay, 30 miles west of Havana, where the laws of scientific Marxism will not apply. Inside a 180-square-mile special economic zone, Cuban planners have envisioned a global capitalist enclave where foreign companies can install manufacturing plants, research centers and operational hubs. This island within an island will operate on the business principles of globalization — not tropical socialism — and like China’s 1980s reforms, it would offer communist authorities an expedient way to compartmentalize economics and ideology. The zone would lure foreign businesses with the guarantee of a 10-year tax holiday and virtually unfettered freedom to import raw materials and repatriate profits. The Cuban government began accepting bids from international investors this month. At the core of the project is a $900 million deep-water port terminal being built by the Brazilian construction firm Odebrecht, primarily with Brazilian government loans. Due to open in January, it is designed to handle the new wave of larger “post-Panamax” ships expected to dominate global commerce when the Panama Canal expansion is completed in 2015. Skeptics of the project see it as the latest repository for Cuban state-sponsored hype, now that foreign oil companies have all but given up their hunt for crude in Cuban waters. Others doubt international investors will choose to put their money on the island when they could go to another country like the Dominican Republic, which has lower labor costs and an established track record for manufacturing. The Mariel project’s promoters say it will be the Caribbean’s biggest shipping port once completed, but other cities in the region are likely to catch up. CLICK LINK FOR ENTIRE ARTICLE! globalpost/dispatch/news/regions/americas/cuba/131120/cuban-trade-special-economic-zone-mariel-port#1
Posted on: Sat, 23 Nov 2013 22:34:52 +0000

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