For those who do not know Unilever is a Dutch company, hence we bring it to this page, and that is This multinational will return to produce in Cuba after being authorized to create a joint venture with a majority of its own capital, although with the participation of the Cuban state company Intersuchel.
Unilever is one of the world's largest manufacturers of personal care and home care products.
Unilever, which also has British capital, will make an investment of more than 35 million dollars and will have to start operating already in 2016 in the free zone of the Cuban port of Mariel, about 40 kilometers west of Havana. Production itself has to start before the end of 2017.
With this investment Unilever will own 60% of the shares in the j, leaving the other 40% in the hands of the Cuban Intersuchel. This investment is expected to create about 300 direct jobs.
The European multinational had stopped producing on the island in 2012, where it operated since 1994. Since then a negotiation was taking place with the Cuban authorities that has concluded in this agreement. In Cuba, it is very unusual for foreign companies to have the majority in the joint ventures, the most common legal form of operation for foreign investment on the island.
According to the plan approved by the Cuban Council of Ministers, the joint venture, to be called Unilever Suchel, will build a plant for the production of hygiene, personal care, cleaning and home care products.
The Mariel Special Development Zone industrial park (in Havana) has 465,4 square kilometers and was inaugurated at the end of 2013. Cuba, which has been trying since 2013 to attract foreign capital with tax advantages, hopes to make this port one of the logistical axes for trade in the Caribbean.