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National
Updated
13/11/09
Time
03:55 p.m. |
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Cuba, China to Set Up Joint Venture Company for Electronics |
Havana, Cuba, Nov 13 (acn) The cooperation relations
between Cuba and China will strengthen with the setting
up of a joint venture in 2010 between the Haier
Corporation and the Electronics Group (GE) of the Cuban
Ministry of Informatics and Communications.
Elio Pacheco, director of GE pointed out that this
project will allow Cuba to reduce imports while boosting
the capacity and quality of the local industry in
technology and building processes.
Pacheco said they aspire to manufacture products that
satisfy local demand and could eventually be exported.
He added that this new company will build electrical
appliances, desktop computers, laptops and their spare
parts and others like washing machines, air conditioners
and lightning.
Miosotis Montalvo, GE business VP, highlighted the
support given by the Haier Corporation Cuba, thanks to
its access to cheaper raw materials and with the
state-of-art technology it has to guarantee high quality
products.
Montalvo mentioned the presence of Haier TV sets in the
domestic market as one of the main achievements of the
cooperation between the Chinese company and the Cuban
group, which ensembles them locally.
Haier made a presentation of electronic and computing
products this Thursday at the Hotel Nacional de Cuba
with the attendance of its directives and Cuban
authorities. |
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