The manufacturing sector has fallen back in the last quarterly. Photo File

The legal insecurity and the political instability, indicated, are subjects that worry to more about 83% of the companies that quarterly survey the institution. For sample a button, the union enters 185 expropriated companies in which it goes of year without considering the related ones to the agricultural sector.

“With preservative estimations, the Government has liabilities of 25 billions of dollars if he were pleased to all the confiscated companies. That takes the international reserves and we practically have zero foreign investment, when all the countries are receiving great amounts because the world is seeing that the developing countries are the potentiality of the future”, emphasized.

Larrazábal maintained that in front of a improductividad scene, the Government insists on placing the label of enemies to the industralists, without considering nor reading the results of the parliamentary elections of the 26 of September in that the opposition forces obtained the greater amount of votes.

“These results would have to help to create the dialogue and to rectify, to see in what it has been mistaken and to take the corrective ones, but what we see in the last weeks is a greater attack against the citizens and the private property”.

Currency delivery
With regard to the currency delivery, it indicated that improvements in some sectors “with levels of delay of 3 to 4 months have been registered, but exist high-priority sectors with smaller time of delay, that is positive”.

“The problematic thing is that the system of Cadivi has come being a solution for 60% from the imports of the country. We have left a 40% that mainly is small companies that do not have the infrastructure to ask for currencies before Cadivi”, explained.

For these companies, the System of Transactions with Titles in Foreign Currency (Sitme) is not an option either. “In Venezuela policies are required that create an appropriate climate of investment and the exchange policy is one of them”, it said.

Conindustria will realise an event next the 2 of November in Caracas to inform into the economic perspective for the end of year and 2011, with the economist Jose War. Also, they will present/display particular cases like the one of Guayana with a exhibition of the Camera of Industrialists and Miners of Guayana. (MRC)