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1 MAY 2016 - Source: Central American and Caribbean Digital Newspaper

Prestigious golf company dedicated to visit Cuba for possible projects Cuba. The Australian Gregory J. Norman, one of the most important players in professional golf worldwide during 331 weeks remained at the head of the world rankings between 80 and 90, and is dedicated to projects level golf courses worldwide, he paid a visit to Cuba with the purpose of studying possible investments in building golf courses. During a meeting with the press at the restaurant 1830 in Havana, Mr. Norman said golf development creates great advantages to countries and in the case of Cuba is an important element from the steps being giving to encourage tourism. He congratulated the Cuban authorities determined that within the natural beauty of the island, its beaches and the benefits offered, golf can be an important factor contributing to economic development and tourism in Cuba. Meanwhile Michael Ryan of Silverfin Development Company Ltd, (www.silverfin.ky) said his company for years is making investment studies in Cuba, considering that there are very good possibilities for this project today, reason for which he asked Greg Norman undertake negotiations with Cuban authorities to study the construction of golf courses. Gabriel Alvarez CubaGolf president said it was an honor to be in Cuba Mr. Norman, who although at times there was no ongoing negotiation was exploring the possibility of inclusion in any of the integrated projects being carried out. Silverfin Development Company Ltd, has spent many years studying the projection of Cuba and the way it has been integrating internationally known success of the structural changes and the facilities offered by the new Foreign Investment Law, as well as government efforts and the people of Cuba to find a sustainable, economically reasonable and socially viable to not make the mistakes of other countries development. This company, based in Grand Cayman, has an extensive endorsement in the development, construction and operation of major resort, residential and commercial developments, with projects already undertaken in Canada, Costa Rica, London, Vietnam and Mexico, among others. For several years Cuba promotes the creation of joint ventures for the development of real estate linked to golf courses, including foreign investment mode today are prioritized in the sector, seeking to enrich its potential as a tourist destination. They also participated in this meeting CubaGolf managers, the Ministry of Foreign Trade and Foreign Investment, and the Ambassador of Costa Rica in Cuba, His Excellency Mr. X. Rodrigo Carreras. Source: Central American and Caribbean Digital Newspaper.

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