Why
Venezuela?

Agriculture

Venezuela is a country with great geographical and climatic diversity, which allows it to have a variety of agricultural crops. Among the main products harvested in Venezuela are coffee, cocoa, sugar cane, corn, rice, bananas, cassava, oil palm and tropical fruits.

Strategic location

Venezuela is located in the north of South America, between the Caribbean Sea and the Atlantic Ocean, which facilitates trade and communication with other countries and continents. Venezuela with its access to two seas has an extensive coastline of 4,209 km, which gives it the right to a wide maritime area, where important fishing, energy and tourist resources are located.

20 th

in Latin America in

km of roads

Venezuela’s road network is made up of trunks, which are the main roads that link the production centers with the consumer centers and the import and export ports. The length of roads and highways in Venezuela is approximately 96,155 km, of which 32,236 km are paved.

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Proven oil

reserves

According to the Annual Statistical Bulletin of the Organization of Petroleum Exporting Countries (OPEC), Venezuela has more than 300 billion barrels of crude oil, which represents 18% of global reserves. This means that Venezuela has more oil than Saudi Arabia, Russia, Iran or the United States.

10 k

MW of installed capacity for

Energy Generation

According to 2021 data, Venezuela’s installed capacity is 32,956 MW, of which 15,469 MW correspond to renewable sources, mainly hydroelectric.

This compares clearly and favorably with some of its peers in the region, such as Colombia – much more populated – which has an installed capacity of 16.9 million kW, and Peru’s 14.7 million kW.

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Proven reserves of

Natural Gas

Venezuela is one of the countries with the most natural gas reserves in the world. According to PDVSA, the state oil and gas company, Venezuela has 197.1 trillion cubic feet of natural gas in proven reserves, a figure that places it in eighth place worldwide.

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Population in

Urban Areas

This level of urbanization and concentration in larger cities has advantages for companies interested in penetrating as much of the population as possible, while minimizing efforts and investments.