economy
mayo 12, 2026
Spanish Businesspeople Optimistic About Potential Investments in Venezuela
Two Spanish entrepreneurs told EFE on Monday that they view potential investments in Venezuela with optimism amid their participation in the South American country's second 'Tech Week,' which is taking place amidst a new climate of reforms undertaken by Delcy Rodríguez's government, aiming to broaden its scope beyond the oil and mining sectors.
TL;DR
- Spanish entrepreneurs Jesús Andújar (Avask España) and Francisco Cuenca (Mesfer) are participating in Venezuela's second 'Tech Week'.
- They expressed optimism about investment possibilities due to recent government reforms.
- The reforms aim to broaden Venezuela's economy beyond oil and mining and improve legal security for investors.
- The 'Tech Week' seeks to attract European capital, with over 700 international guests, including investment funds and unicorn companies.
- Recent shifts in relations with the US and eased sanctions have coincided with these reform efforts.