November 10, 2004
Fedecámaras estimates that Venezuelan economy will grow between 6 and 7 percent in 2005
(Europa Press) - Venezuelan economy could grow between 6 and 7% in 2005 "if the boost on investment is kept up", according to the President of Fedecamaras (Federation of Chambers of Trade and Industry), Albis Muñoz. The country will experience a real growth in national and foreign investment, similar to the one recorded during the 70's and beginnings of the 90's (…)

The President of Fedecámaras also indicated that that the national productive sectors are opened to dialogue with the government and that specific business sectors, such as banking, construction and industry, have already met with government officials. Still pending to meet with the government are the transport and tourism sectors, said Muñoz.

(…) Muñoz also said since the last two electoral processes, there is more political certainty in Venezuela. First, due the President's ratification and secondly due to the results in regional election's. "This inspires trust and we see an opportunity for both national and foreign investments in our country".



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