Monday, April 21, 2008

National Assembly supports nationalization of the Venezuelan cement industry

ABN 17/04/2008
Caracas , Distrito Capital

Caracas, Apr 17. ABN.- The National Assembly agreed to publish in the Official Gazette number 38,911, dated on April 16, an agreement to support State's decision of nationalizing Venezuela's cement companies, in order to guarantee the supply and proper use of this raw material for the construction of decent houses fro Venezuelan people.

The National Assembly deemed the cement is a strategic resource for national development. Therefore, he fully supported the President of the Bolivarian Republic of Venezuela, Hugo Chávez Frías, in his duty of guaranteeing adequate cement supply for the smooth development of the national small and medium industry.

In addition, the National Assembly agreed to boost the recovery of all country's strategic resources, as a source of raw materials for national industry, in order to achieve Venezuela's development goals.

Furthermore, congresspeople urged National Government to take advantage of the recovery of the cement companies to control the emission of pollutants generated by this industrial activity and, thus, improving the quality of life and environment for Venezuelans.

The National Assembly makes a call to Venezuelan people to support the recovery actions of the national cement industry, which is carried out for Venezuelans' benefit.

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