SEZs are ready to receive extensive Chinese investment

The president of the Bolivarian Republic of Venezuela, Nicolás Maduro, received in his program ‘With Maduro +’, a high-level delegation from the Special Economic Zones of China that are on a working visit to our country, headed by Dr. Tao Yitao, president of the Shenzhen Institute of Higher Studies of Special Economic Zones.

Dr. Tao participated in the 1st Forum of Special Economic Zones (SEZ) that was held last week in Caracas, in which the fusion of the state, business and academic sectors was reinforced, to launch the SEZs that are being established in the country:

The advances are gigantic in bringing Chinese companies to invest here… in addition to the opportunity that China represents today for the Venezuelan market,” reflected the national president on what the SEZs will mean for the future of Venezuela:

Economic projections say that China is the great economic power of the future, (that is why we must) tie up investments, that is going to have a tremendous impact in the second half of this year,” said the president.

For her part, special guest Dr. Tao Yitao, said that “Venezuela’s Special Economic Zones have more natural resources than China’s,” so they are already prepared to receive “that meeting” with the Asian country’s proposal.

Tao asserted that she has no doubt that the Venezuelan people will have great development under the leadership of President Maduro with the installation of these Special Economic Zones.

For his part, the superintendent of the Special Economic Zones (SEZ), Johann Álvarez, indicated that the visit of the Chinese delegation allowed the exchange of experiences on the subject of SEZ.

The SEZs plan to twin La Guaira state with Shenzhen, Carabobo state with Shanghai and the eastern region of the country with the Chinese province of Guaondong.