Venezuelan investment

25 April 2008

Venezuela: The Venezuelan Government has approved a VEB 414 billion (US$ 193 million) investment in highways and public buildings in the states of Aragua, Apure and Falcón, and the capital Caracas, according to daily Panorama Digital.

Of the total, about VEB 33 billion (US$ 15 million) will be spent on concluding highway construction and remediation in the southern state of Apure.

Another VEB 33 billion (US$ 15 million) will be used for works along the Centro regional highway in Aragua state.

In addition, VEB 32 billion (US$ 14.9 million) will be invested in the north-western Falcón state and VEB 5 billion (US$ 2.3 million) will go to landslide prevention schemes in the Agua de Maíz and Pajaritos sectors of Caracas.

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