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The American government’s relaxation of its 56-year embargo against Cuba and the inauguration of direct flights from China has triggered a race to invest in the island’s tourist infrastructure [...]
There are reports that China’s Suntime International Economic Trading Company will go ahead with a luxury hotel in Havana, in a joint venture Cuba’s state tourism agency, Cubanacán. The size of the hotel is reported variously at 600 to 650 rooms, with Suntime investing up to $150m
— Global Construction Review
While diplomatic relations between Cuba and the US have thawed during the Obama administration, the embargo still remains in place effectively. But companies like Marriott International (whose chief executive will accompany the President on his historic visit to the island later this month) are... View full entry
“I give it two years, max [...] It will be US business interests that finally push congress into lifting the embargo – they’re all going crazy being shut out of this market.” American architects and developers are already queuing up to be first in line, ready to pounce on investment opportunities when the embargo drops. Frank Gehry sailed into Havana in December, aboard a streamlined yacht he designed for himself, here to “offer his expertise to Cuba” according to a government statement. — theguardian.com
“You know that Cuba is at the centre of attention of many people,” Gehry told the gathered crowd. “And in the immediate future it will attract many investors – particularly the tourism sector. But I am sure that you know to be careful with those projects.”Related stories in the Archinect... View full entry
Cuba is in talks with the Bronx Museum to organise the first major exhibition by a US museum in the country, according to local reports. The show would be part of the 12th edition of the Havana Biennial next year, and could be followed by an exhibition in New York in 2016 that would feature work by Cuban artists. [...]
During her opening remarks, Perera emphasised the role of culture in “breaking barriers imposed by governments that have nothing to do with the will of the artists” [...].
— theartnewspaper.com