From its conception, VUINEX is designed to work on a computer platform, which allows procedures to be carried out virtually, using the benefits of Information and Communication Technologies (ICT), as part of the computerization strategy of the country.
A computer system interconnected at the national level with all the provinces of the country and the special municipality of Isla de la Juventud and with access from abroad has been developed in conjunction with the University of Informatics Sciences (UCI).
The system has an online platform and the possibility of subscribing from anywhere in the world. In addition, it allows national entrepreneurs and those from other countries to manage and consult via the web regarding the status of the procedures of foreign investment modalities.
A foreign investor interested in developing a foreign investment project in Cuba must complete a business application form through the VUINEX system. This file contains information about the foreign investor and his business proposal. Business proposals are analyzed by VUINEX officials and if they are in correspondence with the general and sectoral policies on foreign investment, contacts between interested companies and Cuban counterparts are favored. From this moment on, proposals for business interests in Cuba must be made online through the address vuinex.mincex.gob.cu.
For 2021, the main actions to develop and that contribute to the fulfillment of the tasks based on the main objectives, are:
1. Work to achieve an efficient operation of the management computer system and its periodic updates, taking into account user feedback.
2. Ensure strict compliance with the deadlines established in Decree No. 15, being more proactive in processing requests for procedures; and to efficiently channel business interests.
3. Contribute to the effective promotion of the opportunities contained in the Portfolio that have been selected as prioritized by each sector, with a view to achieving the identification of foreign partners, together with the political areas, the Chamber of Commerce of the Republic of Cuba and ProCuba.