Cuba depends on agricultural imports to feed a population of 11,04 million people in addiction to over 3.5 million annual visitors. At present the increase of tourism demand have focused the attention in agriculture production. Therefore agri-food industry conditions offer the best scenarios to increase the level of production, food processing, and export of farming products with the lowest cost per unit.
The Cuban government has been trying to increase agricultural production quickly to reduce a large part of the food imports, regardless of the fact that there have been some successes, the need for food imports is expected to remain solid for the foreseeable future. The agri-food industry is a non-stop growing market that requires foreign investors with experience in different forms of production management to boost sustainable development in the sector.
Significant opportunities exist for EU exporters, the industry lacks wide-ranging segments, such as the mass market (wheat, milk protein, poultry, dairy products, livestock, oil seeds, cereals, grains, pulses, special crops, and vegetables). Followed by the high-end niche market (seafood, beef, beverages, and wines) up to advanced processing technologies and equipment.
Partnering with agriculture cooperatives has different alternatives and contracts, from joint ventures forms up to management and service. Nevertheless, the establishment of an International Economic Association and 100% foreign Capital are another viable options that support the introduction of advanced agriculture technologies and industry know-how.