# Viglacera and Geicon set up construction materials joint venture in Cuba

Viglacera and Cuba Industrial Construction Group (Geicon) have contributed over $39.8 million in chartered capital to form a joint venture to produce construction materials in Cuba. The venture will upgrade two factories producing ceramic tiles and sanitary ware.

- Type: Partnership
- Announced: 2016-12-16
- Where: Cuba, Cuba
- Value: $39.8M
- Status: announced
- Products: ceramic tiles, sanitary ware
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Viglacera](https://endata.com/companies/20790.md) (partner)
- [Cuba Industrial Construction Group](https://endata.com/companies/20791.md) (partner)

## Sources

- [en.vietnamplus.vn](https://en.vietnamplus.vn/viglacera-sets-up-construction-material-joint-venture-in-cuba-post104375.vnp), 2016-12-16: "The Vietnam Glass and Ceramics for Construction Corporation (Viglacera) and the Cuba Industrial Construction Group (Geicon) have contributed over 39.8 million USD in chartered capital to set up a joint venture to produce construction materials in Cuba."
- [english.vov.vn](https://english.vov.vn/en/trade/viglacera-sets-up-construction-material-joint-venture-in-cuba-339473.vov), 2016-12-16: "The Vietnam Glass and Ceramics for Construction Corporation (Viglacera) and the Cuba Industrial Construction Group (Geicon) have contributed over US$39.8 million in chartered capital to set up a joint venture to produce construction materials in Cuba."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.