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The Spanish business school Esade is to set up a new teaching center for upper management in Cuba, which is expected to be fully operational before 2013, according to the newspaper Expansión.
The project, being carried out under the auspices of the European Foundation for Management Development (EFMD), a business schools network based in Brussels, is being financially supported by a contribution of approximately €15 million from the EU, according to market sources.
The Spanish institution will have four years in which to train the future teachers for this center, since the idea is that the majority of the teachers should be local. The project is aimed above all at entrepreneurs and workers in the tourist sector, and represents another step in the school’s internationalization policy.
Esade is not only the first Spanish center to enter Cuba, but one of the first in the whole world. Although there are various international upper management training projects linked to the island, nothing of this scale has yet been agreed.
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