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.
INRH — Instituto Nacional de Recursos Hidráulicos
aka INRH
State — embargo-restricted
National water-resources institute. Controls aqueducts, utilities and desalination; the Aguas de La Habana concession (with Agbar) is the standout PPP precedent.
Assets controlled (3)
Water · La Habana
Albear Aqueduct / Cuenca Vento (Havana supply)
Needs full main replacement, metering, SCADA for ~2.1M metro
🔴 Stateℹ️ Atlas — info only
Water · La Habana
Aguas de La Habana (operator) + Almendares wastewater
Sewerage expansion; 25-yr concession reaching nominal expiry ~2025
🟡 Joint ventureℹ️ Atlas — info only
Water · Ciego de Ávila
Cayo Coco / Jardines del Rey Desalination
Clearest path to private/JV (build-operate tied to hotel demand)
🔴 Stateℹ️ Atlas — info only
Sources: INRH / OPEC Fund