Work has begun on a $700-million ferronickel plant in eastern Cuba, near Moa, that is slated for completion in 2013. The Las Camariocas plant is the largest construction project now under way in the island nation. It has been undertaken by Quality Cuba S.A., a joint-venture contractor comprising Cuba’s state-owned engineering and construction firm, Quality Couriers International S.E.A., and the government of Venezuela. Upon completion, the plant is expected to annually produce 68,000 tons of ferronickel, which is an ingredient in stainless steel. Quality Cuba S.A. also is partnering with Brazil’s Odebrect to build a $600-million container terminal at the Port of Mariel.
Construction Under Way on Ferronickel Plant
August 4, 2010