March 6, 2006
Siex: Foreign investment will increase $1 Billion in 2006

(Agencia Bolivariana de Noticias) - "Foreign investments in Venezuela could surpass the 1 billion dollars this year according to the Superintendence of Foreign Investments (Siex) (...)

It also indicates that this amount does not include investments in sectors like hydrocarbons, petrochemical, carbon, mining, and related ones like banking and insurance or investments made by foreign or national citizens or companies in the acquisition of real estate.

Siex forecasts this year's foreign investments in telecommunications will be 640 million dollars, which together with Iranian investments (cars, buses and bicycles), as well as the South American macro-round and other business rounds, will surpass the 1000 million dollars by the end of this year (...)".