EL SALADO S.A. SET UP AS A JOINT VNTURE TO DEVELOP GOLF PROJECT IN ZED MARIEL

El Salado S.A. was set up today as a Joint Venture between Cuban Cuba Golf S.A. and Spanish El Salado Resort S.A.

The Joint Venture will have a term of up to 30 months to complete the feasibility study to develop a  project associated to  a golf resort in the area of El Salado beach, in Sector H of Mariel Special Development Zone.