Post-Maduro Venezuela is ‘attractive’ for investors, according to CEO of new fund

The Venezuela pos-Maduro is very “appetizing” to investorsstated on Thursday the CEO of the Cisneros Group.

He CEO announced an investment fund billion dollars to finance key sectors in the recovery economic of the country.

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Cisneros, an important conglomerate Venezuelan of media and services telecommunicationssaid he was betting on the country’s economic reactivation after the changes legal that advances the President Delcy Rodríguez.

The interim president has governed the country since the capture of Nicolás Maduro by US forces last January.

Venezuela It is already extremely appealing, at least for many investors“, said Adriana CisnerosGroup CEO Cisnerosat a press conference in Caracas.

Adriana Cisneros, CEO of the Cisneros Group

“The conversations with investors have been very interesting. In the ‘roadshow‘(presentation) that we have had for raise capital, both the American and the Latin American They feel that with the support of USA This is already an opportunity that makes sense,” he added.

The group plans to invest the resources of the fund, registered in USA, in sectors such as real estatehe turismo, health y agriculture.

Does not plan to finance plans in oil y mining.

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The government of Rodríguez reformed the laws of hydrocarbons and mining to open up to private sector national and foreignunder pressure from the government of Donald Trump.

Since then, Venezuela has once again been an attractive market to invest in.

Cisneros He pointed out that for now, the fund has two thirds of the capital insured by American investors.

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They estimate that four the five months can complete all the steps administrative y regulatory that he demands USA.

“We will be ready in approximately one year (…) However, if all the reforms in the country that must occur in many sectors they move forward, we can also go in line with it. Many changes are needed to offer the investor all the conditions necessary for them to arrive,” Cisneros said.

The business organization has main headquarters in Caracas y Miami.

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