CHAVEZ DECIDES IN CHINA: TRANSFERENCE OF TECHNOLOGY AND RAILWAY CONSTRUCTION

The Front Revolutionary Bolivariano (Ferrebé) presents/displays to the world the summarized information of the profits reached about President Chávez in its trip to China.

La bases in the agreements that Venezuela negotiates with other countries is the one to obtain technology transferences, in order to be guaranteeing the advance of the country towards an outpost power technology, combining those transferences with the investigation that leads the Specialized Ministry of Science and Tecnología and Istitutos like the Intevep (Petróleo9, Investigation on Environment ecological yProtección, and others.

The information was it given by the ABN, and comes from the Venezuelan newspaper You Ends the News and of the Venezuelan page It pounds. Caracas. President Hugo Chavez announced yesterday the beginning of the construction of three new ferrocarrileros sections by a specialized Chinese company in this branch.

The sections will be located from San Cristóbal to Barinas, from Barinas to Tinaco and the third section of Tinaco to Anaco, approximately 1,500 kilometers of lines with all the facilities of which it will be the railroad of the planes North axis.

The action takes implicit a set of infrastructure investments for the agricultural development and of house, “with an investment of 10 billion dollars of which Chinese is going to contribute a good part”, it added. In addition the company will initiate the study of the feasibility for the installation of a factory of rails and wagons in Venezuela.

In declarations offered yesterday to Venezuelan of Televi sión, through a maintained telephone connection from the People’s Republic of China, national Head of State offered a balance of the day of 9 meetings that maintained with Chinese industralists, in the power areas, telecommunications and infrastructure, interested in investing in the country.

He indicated that most of the agreements of investment with the Asian country they imply technological transference, which ayu will give to the attainment of independence in this area and to the progressive transformation of the country in a small power in areas like petrochemical energy and.

The Chief of State emphasized that she met with the greatest Chinese companies, “located in the first places of the world-wide ranking”. The President said that he anticipates himself to elevate the sales from petroleum to China up to 500,000 barrels per day in próxi MOS five years. Minister of the House and Hábitat, Ramon Reedbeds, and the vice-president of the Chinese company Citic Group, Liang Chuanxin, signed yesterday the contract to give beginning to the construction of 20 thousand houses in Venezuela during an approximated period of two years, with an investment of 945 million euros, of which the country will finance the 25 percent and 75% will be contributed by the Chinese capital.

Of: FERREBE 24 Thursdays August