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The Island of Youth in tune with the standards of the non-state sector

Publicación: 5 Oct, 2024

Categories: Isle of Youth

Based on projections to eliminate distortions and boost the economy, Isla de la Juventud is one of 16 pilot municipalities where, starting in September, new rules on the non-state sector will begin to be applied in Cuba.

   In this sense, Adiel Morera Macías, Intendant of the territory, stressed the importance of these new regulations, which seek to organize and improve the legal framework for development and decentralizes the power to approve new economic actors.

   These updated rules allow a more rigorous analysis and a faster approval of the proposals for creation and modification of micro, small and medium enterprises (SMEs), non-agricultural cooperatives and self-employment, he said. 

   Explained that this change implies greater responsibility for the Councils of Municipal Administration, facilitates the control, identification of various areas of opportunity and the organization of these economic activities, In line with the Development Strategy approved by the Municipal Assembly.

   It meant that the existing infrastructure, created by the Revolution, is still not being properly exploited. Potential to be exploited includes food production, coal export, ceramics and building materials, tourism, gastronomy and repair of various items.

   Morera Macías emphasized that partnerships can be established with state enterprises such as Cárnico y Lácteo for the industrial processing of foodstuffs, exploiting local resources for the production of coal, destined to international markets, Encourage the manufacture of ceramic articles and alternative materials from the abundant reserves of silica sand and clay. 

   In addition, activities related to ecotourism can be enhanced by taking advantage of the vast forests and natural landscapes, expanding catering services and repair services for miscellaneous items, as well as activating workshops for the repair and maintenance of machinery, referred.

   To facilitate the transition to a more regulated and supportive environment, local government plans to implement a comprehensive training program that will benefit entrepreneurs and the state and business system that interacts with these new rules. 
   In September, training sessions will be held to ensure that all stakeholders understand and comply with the new regulations, he said.

   Noted that the measures are a crucial step towards strengthening the non-state sector, which will allow for more balanced and sustainable economic development in Youth Island. Private-government collaboration will be key to making the most of the opportunities offered by this new policy framework.

Taken from ACN By: "Photo from Victoria Newspaper"

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