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The Cuban State owns almost every business activity in Cuba. When the Cuban government need foreign know how or investments they establish a joint venture with the overseas investor on a 51% ownership. The Cuban government owns the complete Tourist Industry, hotels, resorts, tourist transport, taxi companies, bars, nightclubs, museums. But also the Sugar Industry, mining activities, Tobacco Industry, supermarkets and food distribution, Commercial banks, Fishing Industries. Even little bars and local shops are owned by the government. Farmers rent land from the State, they own their business but the distribution and sale is owned by the Cuban government

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โˆ™ 2009-09-21 10:10:17
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Q: What types of businesses are owned by the government in cuba?
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