The creation of the Special Economic Zone (ZEE in Spanish) in the Venezuelan state of La Guaira, promoted by President Nicolás Maduro, has attracted investment and created more than 4,000 jobs.

Governor José Alejandro Terán emphasized this last week in an interview with the state television channel, adding that “this initiative seeks to generate incentives for the private sector to promote investment in the country.”

He detailed that an “exceptional legal framework has been established that provides the necessary incentive to invest in the region,” including projects under development through partnerships with other nations, such as “a fully operational sunflower oil processing plant, a fish processing plant, and a toy factory with an initial capacity of approximately 50,000 toys per month.”

Terán also mentioned agreements already signed with two factories: one for fiber optics and another for yarns and fabrics. “In that context,” he announced, “the largest wheat processing plant in Latin America will be inaugurated soon.”

Through the “La Guaira Emprende Plan,” regional authorities have activated “the commercial and tourism sector, for the enjoyment of both residents and visitors.”

M.Pino

Source: ultimasnoticias

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The establishment of three companies in the Venezuelan port state of La Guaira will initiate job placement and allow the state to become one of the most important in the country.

According to Eduardo Quintana, coordinator of Fedecámaras La Guaira, “there is hope and optimism at the regional level with the insertion of a Special Economic Zone (SEZ) in the port state,” referring to three companies that are beginning the process of locating in the town’s industrial area.

“He explained that one factory is a fiber optic factory with Iranian capital, another is a textile factory of Brazilian origin, and another company is a LED screen factory.”

The official emphasized that La Guaira state has “various areas that can contribute to its growth, such as the port, the airport, trade, agriculture, fishing, and tourism.”

In this regard, he mentioned an agricultural area stretching from Carayaca to the borders of El Junquito, with high-quality cacao and coffee plantations that have earned international recognition.

M.Pino

Source: bancaynegocios

(Reference image source: Scott Blake en Unsplash)

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La entrada Establishment of companies in La Guaira through the SEZ will enable job placement apareció primero en Bitfinance.