Chinese business leaders express confidence in investing in Venezuela
Chinese business leaders express confidence in investing in Venezuela
English.news.cn 2015-08-04 12:37:14
CARACAS, Aug. 3 (Xinhua) -- A delegation of Chinese business leaders on Monday expressed their confidence in investing in Venezuela despite its economic travails.
The heads of Chinese companies, 11 in total, were meeting with top Venezuelan officials to flesh out investment projects designed to boost the South American country's economic development.
Their presence in Caracas underscored "our investment faith and confidence in Venezuela," said delegation spokesman Liang Wengen, founding president of China's Sany Group, which specializes in construction machinery.
The Venezuelan government has significantly advanced economic development in the last 16 years, and that its public programs have also provided Chinese businesses with many opportunities, Liang said.
"Today we found out that each year in Venezuela 400,000 new homes are built, and that the goal is to build 3 million by 2019," he said.
More:
http://news.xinhuanet.com/english/2015-08/04/c_134479242.htm
