Activation of the RIALCA plant progresses with domestic investment
Courtesy
Published at: 04/07/2025 03:06 PM
This Friday, an investment alliance was signed for the company Aluminum Wheel Production Center (RIALCA), with the objective of promoting the manufacture of “Made in Venezuela” wheels and thus marking a milestone in the country's productive sovereignty.
The alliance, promoted by the Minister of Industries and National Production, Alex Saab, is established between the Socialist Corporation of the Automotive Sector (CORSOAUTO) and RIALCA, with national investment.
It is expected that this agreement will allow the total reactivation of this plant located in Valencia, Carabobo state, bringing it to 100% of its operational capacity. It will also provide an indispensable technological update to optimize its production processes, according to a press release from the Ministry of Industries and National Production.
The production of wheels in the national territory is a step forward towards reducing imports and boosting a robust and diversified economy.
Mazo News Team