{"id":206378,"date":"2019-09-21T15:07:47","date_gmt":"2019-09-21T19:07:47","guid":{"rendered":"https:\/\/oncubanews.com\/en\/?p=206378"},"modified":"2019-09-21T15:07:47","modified_gmt":"2019-09-21T19:07:47","slug":"first-german-investment-in-mariel-special-development-zone","status":"publish","type":"post","link":"https:\/\/oncubanews.com\/en\/cuba\/first-german-investment-in-mariel-special-development-zone\/","title":{"rendered":"First German investment in Mariel Special Development Zone"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The office of the Mariel Special Development Zone (ZEDM) announced that the enterprise PASI Mariel Service S.A. (PAMAS S.A.) was approved and constituted, thus concretizing the first German investment in that &#8220;strategic enclave&#8221; for the Cuban economy.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">PAMAS S.A is an enterprise created with 100 percent foreign capital and is authorized to operate for a period of 30 years.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The enterprise will be dedicated to the construction of a factory for the production and assembly of industrial valves, hydraulic and pneumatic systems, dynamic equipment and its components.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It will also offer diagnostic, repair, maintenance and training services by technical personnel associated with these products.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Authorized to operate for a period of 30 years, PAMAS S.A. will use modern technologies for the development of its productions and renewable energy sources to generate electricity.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With this enterprise, the number of authorized businesses amounts to 48 \u200b\u200b and 21 countries have been represented in the ZEDM since five years ago, when it was inaugurated.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The office of the Mariel Special Development Zone (ZEDM) announced that the enterprise PASI Mariel Service S.A. (PAMAS S.A.) was approved and constituted, thus concretizing the first German investment in that &#8220;strategic enclave&#8221; for the Cuban economy. PAMAS S.A is an enterprise created with 100 percent foreign capital and is authorized to operate for a [&hellip;]<\/p>\n","protected":false},"author":3134,"featured_media":206379,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13902],"tags":[25286,18500,5281],"ppma_author":[33546,8689],"class_list":["post-206378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cuba","tag-cuba-and-germany","tag-cuban-economy-in-2019","tag-mariels-special-development-zone"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>First German investment in Mariel Special Development Zone | OnCubaNews English<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/oncubanews.com\/en\/cuba\/first-german-investment-in-mariel-special-development-zone\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First German investment in Mariel Special Development Zone | OnCubaNews English\" \/>\n<meta property=\"og:description\" content=\"The office of the Mariel Special Development Zone (ZEDM) announced that the enterprise PASI Mariel Service S.A. 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