Not legal or investment advice. U.S. sanctions restrict Cuba investment to the licensed independent private sector. Every transaction is KYC'd, OFAC-SDN & Cuba Restricted List screened, confirmed as an independent private entity (≤100 employees), and subject to OFAC counsel. No money flows to state, JV, GAESA, Restricted-List or confiscated-property counterparties.
GAESA — Grupo de Administración Empresarial S.A.
aka GAESA
Cuban military business conglomerate. Controls an estimated 40–80% of the economy: ports/logistics, retail (CIMEX), tourism (Gaviota), finance (FINCIMEX), import/export. The single most important — and most legally radioactive — counterparty in Cuba.
- • Cuba Restricted List: GAESA — Grupo de Administración Empresarial S.A.
- • OFAC SDN: Grupo de Administracion Empresarial S.A. (GAESA) (2026-05-07)
Assets controlled (3)
TC Mariel + ZED Mariel
Underused vs capacity; deepwater berth + logistics/warehousing expansion
ZED Mariel (Special Development Zone)
Active — food, biotech, chemicals, logistics, real estate
Port of Havana
Best positioned for cruise/tourism/ferries + waterfront redevelopment