CUBANET ... CUBANEWS

July 9, 2002



FROM CUBA

Shut-down of joint venture feared

CAMAGUEY, July 5 (Alejandro González Raga, ACP "El Mayor" / www.cubanet.org) - For a week now, operations at an engine repair facility here have been at a stand-still, a symptom that locals interpret as an omen of the facility’s imminent permanent shut-down.

The facility, the Asociación Económica Internacional-Diesel, or the Diesel-International Economic Association, is a joint venture with Canadian capital, and it primarily repairs Diesel engines used in the sugar harvest.

The facility, which is located inside the city limits, is a noisy nuisance to the neighbors, but it also employs almost a hundred workers, who enjoy certain perks as a result of the company’s status as a joint venture with foreign capital.


Versión original en español

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