Everything seems to indicate that The deep and prolonged energy crisis that the island has lived has forced the Cuban government to change priorities In its increasingly diminishing investment plans.
At least, that seems to indicate the most recent report of the National Statistics and Information Office (Onei) on the subject, which shows a Increased investments in the energy sector, to the detriment of tourismuntil now at the top of the scheme.
#Investments | In the first months of 2025, #Cuba registered a change in its investment matrix, with a remarkable increase in the energy sector
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1/5 pic.twitter.com/fzls2udwsv– National Statistics and Information Office Cuba (@cubaonei) April 21, 2025
In its profile in X, the Onei emphasizes that during the first months of this year Cuba registered a change of matrix in investments, with a remarkable increase in the energy sector.
“Strategic effort”
The report of that agency indicates that between January and February 27.2 % of the total investments registered to actions aimed at guaranteeing Electricity, Gas and Water Supplies.
In the opinion of the Onei, this “reflects the Strategic effort of the country to strengthen the national electroenergetic system (Sen) ”.
The entity contrasts the statistics corresponding to the entire year 2024 with that of the first two months of 2025. In that sense, it is striking that investments linked to electricity, gas and water have passed from 12.9 % to 27.2 %.
“This readjust shows a Reorientation of the economic priorities of Cuba towards key infrastructure; while other sectors lose weight in the investment structure, ”says the Onei through its communication channels.
Paradigm change?
Among those other sectors, the Surprising Fall experienced in lines related to tourism (Business services, real estate and rental activities, added to hotels and restaurants). Those section monopolized 37.4 % during the past year, but between January and February they stayed at 18.8 %.
Investment in tourism, without rival between government priorities
Beyond the numbers, the nature of the comparison would not be enough to measure if it is a true paradigm shift, which could only be established with the statistics of all the year 2025.
Nevertheless, In recent times, the purpose of allocating resources focused on the partial recovery of SEN has become more visiblewith the creation of photovoltaic parks throughout the country, the repairs of some thermoelectric plants and the drilling of new gas wells.
There have been few economy experts who have warned about what INcon of an investment policy that allocates more than 35 % of resources to a tourism sector That, despite that decision, it fails to recover the levels achieved before the Covid-19 pandemic.
The amounts have been up to 11 times higher than those invested in sectors of greater social impact such as agriculture, health and education, according to experts.
