In order to improve the conditions of roads and streets in Caracas and the 23 states of Venezuela, the Government announced on Wednesday a plan that includes the recovery and maintenance of more than 3,800 kilometers of roads, for which about 2.26 million tons of asphalt will be used, according to the Ministry of Transport.

The Minister of Transport, Ramón Celestino Velásquez Araguayán, indicated that the ‘National Plan of Integral Care to Roads 2024’ seeks to “improve mobility within cities” and “guarantee the safety and quality” of roads, according to a press release from his office.

In addition, the minister detailed that an inspection of more than 18,000 kilometers of road infrastructure was carried out, to establish the “actions necessary for maintenance and improvement” and to define “priority areas of work”.

“Our goal is to provide Venezuelans with quality roads that facilitate their mobility and contribute to the economic development of the country,” said the official, who invited the private sector to join this plan, in which regional and local authorities will participate.

The press release does not specify which areas will be targeted first, when this programme will start, or how long it will last.

According to the Economic Commission for Latin America and the Caribbean (ECLAC), the country’s infrastructure, whose economy fell by 75% between 2013 and 2021, has deteriorated in terms of public services, roads and transport, largely due to lack of maintenance, according to experts.

Civil engineer Celia Herrera, president of the Sociedad de Ingeniería de Transport y Vialidad (Sotravial), told this month that new investment models with combined sources of public and private capital are required to recover the country’s road network.

K. Tovar

Source: Swissinfo

(Image reference source: Jeremy Bishop at Unsplash)

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Venezuela is in search of a new institutional agreement, which would allow to carry out a new impulse for the local economy.

The Venezuelan government is focused on this goal which hopefully could be achieved gradually, all thanks to the open dialogue between productive sectors and the national Executive itself.

Part of the commitment and the new relationship between the government and businessmen must be to achieve a macroeconomic agreement, which fundamentally contributes to ending inflation, achieving fiscal balance, establishing an adequate monetary strategy that supports the objectives of speed reduction prices, and create a framework for entrepreneurs to invest with appropriate levels of risk.

For this main reasons, the country is in a constant search for greater economic profitability, which allows it to overcome certain situations that today can be greatly improved, and that would bring great benefit to the general population.

K. Tovar

Source: Bancaynegocios

La entrada Venezuela, in search of an institutional agreement apareció primero en Bitfinance.

The governor of the state of Zulia, Omar Prieto, spoke about the possibility of Venezuela having its own “bitcoin city.”

This project would be based on a “healthy and modern trading system with cryptocurrencies” that can be used and exploited to a great extent by the entity’s businesses.

The proposal, in the words of the governor, has already been discussed for some time with “important allies” of Zulia.

The initiative seeks that local businesses can receive digital currencies, including bitcoin, dash and petro, the cryptocurrency promoted by the Venezuelan government, among their forms of payment. According to Prieto, the payment system seeks to solve the problem of shortage of dollars in cash, with the aim of “protecting the consumer.”

Although Prieto did not provide too many details about what the deployment of the “bitcoin city” project will consist of, he explained that the new system will include a rechargeable card with cryptocurrencies. He noted that it is “a new card that we are working on” and that it will allow to pay with digital currencies in different businesses.

K. Tovar

Source: Diario Bitcoin

La entrada Zulia State in Venezuela could have its own bitcoin city apareció primero en Bitfinance.