Venezuela signs agreements with investors from Dubai and Switzerland to boost domestic production

Published at: 25/03/2025 09:34 AM

The Bolivarian Government, through the Ministry for the Social Labor Process (MPPPST), the Ministry of Industries and National Production (MPPIPN) and the International Center for Productive Investment (CIIP), signed agreements with investors from Switzerland and Dubai to consolidate the agricultural sector.

Through a post on the social network Instagram, the CIIP highlighted that the objective is to strengthen international cooperation and promote sustainable development.

He also explained that this agreement seeks to guarantee food safety, promote sustainability and optimize cereal production and marketing, with a focus on innovation, market opening and global distribution.

In addition, it will promote the development of healthier and more accessible products for consumers.

In the same way, they signed a contract for the reactivation of a plant dedicated to the manufacture of household cleaning supplies, located in the state of Aragua, to guarantee the supply of these products in the Venezuelan market for the next 10 years.

Both projects will generate more than two thousand direct and indirect jobs, for the benefit of local communities and the stimulation of labor market growth in Venezuela.

The firms were led by the Minister for the Social Work Process, Eduardo Piñate, the Minister of Industries and National Production and president of the CIIP, Alex Saab, and investors from Dubai, Switzerland and Venezuela.

These efforts reflect the strong commitment of the National Executive to boost domestic production, attract investment and strengthen the economy through strategic alliances and the strengthening of domestic industry.

Mazo News Team