February 26, 2019 |
Global investors continue to avoid Cuba, uncertain if US President Donald Trump will reimpose an embargo on the island nation.
"We are not looking at it right now," said an investor in London. "The Trump administration has gone backwards about the embargo, and I can't see them lifting it anytime soon."
Doug Hewson, a managing partner at the Caribbean-focused Portland Private Equity, said his firm has left Cuba out of a soon-to-be launched investment fund.
"We have not included it," he said,
Island nation attracts $1.5bn in FDI in 2018, short of its $2bn target