Government will put up for sale shares of basic companies and other state companies

The national president indicated that they need investors to acquire new technologies.

Nicolás Maduro, President of the Republic, announced this Wednesday night that as of Monday, May 16, shares of state-owned companies will go on sale, in order to attract investors.

Between 5 and 10% will be put up for sale through the Venezuelan Stock Exchange, in order to attract people interested in investing in them.

He pointed out that they would be from Cantv, Movilnet, petrochemical, chemical and oil, gas, as well as from the basic companies of Guayana, he did so in his speech that was broadcast by Venezolana de Televisión.

“Attention to national and international investors, we are going to finalize the announcement that I made a few months ago, that we are going to take out between 5% and 10% of the shares of various public companies for national investment, fundamentally, or international”, he pointed out.

“We need capital for the development of all public companies, we need technologies, we need new markets,” he added.

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