EL UNIVERSAL
CARACAS, Thursday August 26, 2010 | Update
It will supply the domestic market and the Caribbean
Venezuela, Cuba to set up electrical conductor manufacturer
Carlos Azzari, the president of Venezuelan state-run company Aluminio del Caroní (Cabelum), announced the establishment of the joint venture, but he would not disclose the stockholder structure or the investment
Economy
Venezuela and Cuba will organize a joint venture to manufacture "electric cables with copper core," to supply the Venezuelan and Caribbean markets.
Carlos Azzari, the president of Venezuelan state-run company Aluminio del Caroní (Cabelum), Carlos Azzari, announced the organization of the joint venture, but he would not disclose the shareholder structure and the investment.
Azzari told state-run news agency AVN that the creation of the joint venture "will significantly increase the supply of electrical conductors for the domestic and Caribbean electricity markets."
On the Cover
Venezuelan government gives aid to farmers hit by rains
02:57 PM. HEAVY RAINS. Venezuelan Executive Vice-President Elias Jaua reported that the government is designing plans to support farmers, cattlemen and peasants of the state of Mérida who have been hit by heavy rains that have caused crop losses.
- Read
Cómo anunciar | Suscripciones | Contáctenos | Política de privacidad
Términos legales | Condiciones de uso | Mapa del Sitio | Ayuda
El Universal - Todos los derechos reservados 2010
