• Venezuela: Opportunities for Investment.
  • Date: march 1998
    Source: Fondo de Inversiones de Venezuela (http://www.fiv.gov.ve)

    Agenda of priorities

    At present, the Venezuelan Investment Fund is handling a varied portfolio of projects as part of the Privatization Program authorized by the Government. The privatization agenda includes commitments already in progress or about to start. The projects cover companies and assets in the aluminum, iron and steel, electricity, tourist, maritime infrastructure, entertainment and others assets.

SECTOR

COMPANIES

ESTIMATED
DATE
Sale / Concession


Aluminum

Corporación Aluminios de Venezuela, S.A.
Venalum
Bauxilum
Alcasa
Carbonorca

I half year
Under analysis the new
public act of bids


Iron and Steel

Fesilven

I half year

Seamless Pipe Plant/CVG

I half year


Electricity

Nueva Esparta State Electric System - SENE

I half year

Enelbar

II half year

Enelven-Enelco

II half year

Monagas / Delta Amacuro State Electric System, SEMDA

II half year


Tourist

   

Corporacion Hotelera Halmel
(Melia Caribe Hotel)

Hotel Turístico Puerto La Cruz
(Meliá Puerto La Cruz)

II half year

II half year


Maritime
Infrastructure

Puertos del Litoral Central
(La Guaira Port)

II half year

DIANCA
(National dry dock and shipyards)

II half year


Finance

Banco de Fomento Regional los Andes

II half year


Entertainment

National RaceTracks: La Rinconada, Santa Rita, Valencia

II half year

     

Industrial Assets

  • Torre Las Mercedes
  • Quinta Los Erasos
  • Torre Olympia (26 offices) to sale by CADAFE
  • Planta de Silo de Guacara
  • Planta de Silo de Maracaibo
  • Machinery and portuary assets

1998

 

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