The President of the Bolivarian Republic of Venezuela, Nicolás Maduro Moros, led the 2025 Assessment of Venezuela’s Productive Engines this Monday at the Poliedro de Caracas, an event aimed at boosting the national productive sector through the exhibition of technological advancements, strategic alliances, and the coordination of sustainable economic policies.
RELATED:
ECLAC highlights Venezuela’s leading role in Latin America’s economic growth.
The event brought together representatives from the 14 Productive Engines: Hydrocarbons; Agri-food, Fishing, and Aquaculture; Non-Oil Exports; Mining and Basic Industries; Civil and Military Industry; National and International Tourism; Construction; Pharmaceuticals; Digital Bolivar; Banking and Securities Market; Entrepreneurship; Socialist and Solidarity Communal Economy; Telecommunications and New Technologies; and Transportation and Roads. The event featured 15 exhibition booths, including a main booth, and was attended by 700 people, according to official figures.
The agri-food sector is projected to grow by 8.12% in 2025, according to GDP indicators, marking a significant shift from the past, when over 80% of food was imported. Today, the country not only supplies its domestic market but also exports organic food, thanks to a public food system integrated with the private sector that “is functioning perfectly,” according to the president.
“Today, ECLAC presented a new report stating that Venezuela leads economic growth in all of Latin America and the Caribbean. It estimates it at 6%, but the figure will be higher, around 9%,” the president declared during the event.
He also highlighted the 5% increase in Christmas sales compared to 2024 and the sustained opening of new supermarkets for 20 consecutive quarters. “Venezuelans have options: they can go to supermarkets, grocery stores, and small shops, and we also have open-air markets, operating at 100% capacity,” he noted.
Finally, the president reaffirmed to allies in China, India, and Europe, as well as to investors already present in the country, that “Venezuelan lands are open for investment and food production.”
From teleSUR English via This RSS Feed.