Cuba hot destination for IT outsourcing

Cuba hot destination for IT outsourcing

Toronto, Oct 4: The IT revolution taking place in Cuba is positioning
the country as an attractive outsourcing option for Canadian companies,
and a gateway to the Latin American market, according to website
OffshoringTimes.Com.

Cuba has proved masterful in reinventing its economic priorities in
troubled times, the Canadian online news service said yesterday.

Since 1991, Cuba's information technology (IT) sector has been
developing at warp speed and now consists of about 45,000 highly skilled
workers, 38 per cent of whom have specialised degrees.

More than 85 per cent of the country's IT industry is concentrated in
technical services and software development, the website said.

"We've been investing in this sector for the last 14 years and we now
have highly skilled IT workers at every level," general manager of
Avante, the marketing arm of Cuba's Ministry of Information Technology
and Communications, Luis Marin said.

"IT doesn't require a lot of investment . . . Except in human
resources," Luis said.

Canada is Cuba's third-largest trading partner and fourth-largest
foreign investor, with more than 750 million USD tied up in the island
nation, according to Canadian sources.

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