Venezuela Economy: Industries and Mineral Resources
The government policy of marked incentives for the industrial sector, from which the possibility of freeing the country from excessive dependence on oil is particularly expected, has already given some good results. However, despite the standards being higher than in Latin America, productivity is low and industries cannot compete in the market. In addition to the aforementioned steel and petrochemical plants (the main refineries are located in Amuay, Cardón, San Lorenzo, Bajo Grande, Barinas, El Calvario, Morón and Puerto La…