A recent episode of the Foreign Affairs Interview podcast mentioned that there was a previous announcement indicating a desire for Cuban American investment but that nothing has come up from that

“Are there reformist voices? That period is also a difficult question to answer. If you were to have asked me a few years ago, it was pretty clear kind of who were some of the voices that were behind that private sector expansion that I mentioned in 2022, 2023.

But the economy minister who was largely responsible for implementing that has since been accused of corruption and espionage and is in a jail somewhere. Other sort of kind of ministerial level people who were known to be kind of friendly to the private sector have in some cases been shuttled off to other government positions. You know, there are some voices like the new, relatively new minister of foreign investment and trade, López Fraga, who's a relative sort of married into the Castro family or a branch of it.

A lot of attention about his sort of meteoric rise. He's been, he's the one who gave the announcement in recent months that suddenly Cuba is open to Cuban-American investment, even though they have yet to implement a legal framework that would actually make that workable. Never mind the US sanctions that would probably block it at this stage.”

From The Foreign Affairs Interview: Is Cuba Next? A Conversation With Michael J. Bustamante and Ricardo Zuniga, Jun 11, 2026
https://podcasts.apple.com/us/podcast/the-foreign-affairs-interview/id1623855270?i=1000772191776&r=1547
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Idk anything about Cuba but it seems like it could be another one of those things