Russia looking for Arab partner to construct new mega airport in Cuba
Russia looking for Arab partner to construct new mega airport in Cuba
Published February 26, 2015/
Fox News Latino
The Russian government is hoping to find investors in Abu Dhabi, the capital of the United Arab Emirates, for a major airport-construction project in Cuba – a move that comes as relations between Washington and Havana thaw and Moscow faces increasing isolation and sanctions over its role in the conflict in the Ukraine.
According to reports, the proposed airport would serve as a hub for all of Latin America.
Speaking to Abu Dhabi's English language newspaper, The National, Russian trade and industry minister Denis Manturov said that Vladimir Putin's government is willing to invest at least $200 million in the airport project - which could also include redeveloping a port and building a railway line – and that the country was talking with Mubadala Development Company, the wholly-owned investment company of the government of Abu Dhabi, to become a partner in the project.
"We are deeply involved in these negotiations," the minister told the National. "[Cuba has] only one international airport, and they are planning to use one of their ex-military bases to build a big airport hub for Latin America."
A spokesperson for Mubadala remained elusive when questioned by the newspaper, but granted that the company "is regularly reviewing a number of different investment opportunities with its Russian partners."
More:
http://latino.foxnews.com/latino/news/2015/02/26/russia-looking-for-arab-partner-to-construct-new-mega-airport-in-cuba/
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Russia, Abu Dhabi in talks on Cuba airport: report
By Afp
Published: 06:22 EST, 25 February 2015 | Updated: 06:22 EST, 25 February 2015
Russia is seeking backing from Abu Dhabi investors to build a giant airport in Cuba seen as an international gateway to Latin America, a report said Wednesday.
Talks on the proposal have been held between Moscow and Abu Dhabi state investment fund Mubadala, The National newspaper reported citing Russian Industry Minister Denis Manturov.
Manturov, who was visiting Abu Dhabi to participate in a military exhibition, said Russia would invest at least $200 million in the project.
He said Cuba planned to convert a former military base into "a big airport hub for Latin America".
The project could also include redeveloping a seaport and constructing a railway line.
More:
http://www.dailymail.co.uk/wires/afp/article-2968391/Russia-Abu-Dhabi-talks-Cuba-airport-report.html
