Jhonny Yánez, governor of central western Cojedes state, is to disclose in the next few days a list of properties to be confiscated in this region with a view of "recovery."

Cojedes solicitor Alexis Ortiz said a survey was conducted on estates and industries that are idle or non-productive, and 330 properties have been identified for expropriation.

The list is to comprise plots of urban land, warehouses, machinery and other assets idle in Cojedes state.

"Property will be transferred to the regional government, but the goal is to develop co-management programs under cooperatives. Even private investors could participate."

Cojedes governor or mayors, as appropriate, are to disburse the funds necessary to pay for the properties confiscated.

Meanwhile, José Luis Silva, director of the regional unit of the Agriculture and Land Ministry in Cojedes, said other three ranches could be seized in the next few days, as they are large estates. He would not disclose the names of the properties.