Profit from Cuba’s coming boom

Cuba, the largest economy in the Caribbean, offers tantalizing possibilities, assuming it takes steps to liberalize its economy. It has vast mineral deposits with ports close to the US.

A building boom in Cuba could benefit Vulcan Materials, the largest U.S. producer of construction materials such as crushed stone, gravel, asphalt and concrete. Along with more than 440 production sites in the US, the company runs a large quarry and marine terminal on Mexico’s Yucatan Peninsula — a prime location for exports to Cuba.

Several Mexican companies may also be Cuba winners including cement maker Cemex that look well positioned to gain sales in Cuba, according to the Herzfeld fund.

Source

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