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Message: Minister Sanz on CVG Alcasa, Steel and Mining Sector - El Diario

Minister Sanz on CVG Alcasa, Steel and Mining Sector - El Diario

posted on Feb 23, 2008 12:41PM

"We are preparing an investment plan, alignment and improvements to the four companies in the aluminum sector. However, we know that we need to respond urgently to CVG Alcasa.   For this reason, whenever I am more convinced that we need to go to the Line V, to generate jobs and repotenciar the plant.

We hope that within 15 days, we have this plan ready for submission to President Hugo Chavez, considering that to make all the improvements, we will require approximately two billion dollars, assuming this way, the commitment to promote the development waters beneath the aluminium industry, "emphasized the minister Mibam.

  Steel and mining sector

  About the dispute happens between Ternium Sidor steel and the Union of the Workers Unique Steel and Allied, Sutiss, the minister Sanz, said that both factors that aspires to reach an equilibrium point.

  Also announced that it is developing a new Mining Act would eliminate the concessions and establish partnership contracts, in order to ensure national sovereignty over natural resources of the nation.

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