Cuba land lease to Vietnamese company reaps rich harvest

from #DW
Andreas Knobloch
Los Palacios
07/30/2025

#Cuba has let farmland to a foreign company for the first time since its 1959 revolution, when all foreign landowners were expropriated. But can the #Vietnamese investor help rescue the island's struggling agriculture?

Under efforts to spur the domestic #rice output, the Cuban government has asked #Vietnam for help because the two countries have maintained friendly relations for decades, intensifying especially agricultuiral cooperation in recent years.

For Perez, the Los Palacios project marks a entirely new level of partnership though.

Privately owned Agri VMA is managing the lease largely independent from state interference, with operations being based on a business contract. The company has brought to Cuba its own resources, technical experts, and seeds from hybrid rice varieties developed in Vietnam.

https://www.dw.com/en/cuba-land-lease-to-vietnamese-company-reaps-rich-harvest/a-73455248

@cuba #news #press
@cubainfo