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President Ch?vez Invites Cooperation with Private Sector

At a meeting of his Council of Ministers, Venezuelan President Hugo Chávez called on the country’s private sector to collaborate with the government, saying: “come and work, don’t believe the tale… that we’re going to expropriate, no, what we want is to work.”

“Let’s make an effort, we are willing to do it and even to help you boost private investment in Venezuela,” Chávez said at the Miraflores Presidential Palace in Caracas.

He recalled that the situation of the private sector has improved, saying “in the 80s private investment in Venezuela tanked, and that’s one of the reasons for the country’s breakdown. Private companies weren’t investing and the state was broken.”

In speaking with Finance Minister Jorge Giordani, Chávez pointed out that the 2013 budget includes an investment of about $600 billion in social and economic development in Venezuela.

“Venezuela has all the conditions necessary to guarantee that gigantic investment,” he said.
Reiterating his administration’s commitment to promoting growth through employment and planning, he said, “we are going to turn Venezuela into a powerful country within the great power of Latin America.”

Presidential Press / AVN / Press-Venezuelan Embassy to the U.S. / November 9, 2012

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