For example, deals for five golf resorts valued at close to $2.5 billion have been signed with British, Chinese and Spanish investors, but ground has yet to be broken on any of them, according to foreign businessmen and diplomats with knowledge of the projects.Malmierca said the country was working to overcome numerous obstacles for investors, such as lengthy delays for project approval, lack of experience among Cuban negotiators and the dual monetary system with fixed exchange… [read post]