Venezuela permite inversión privada en sector eléctrico
The Venezuelan parliament approved a reform on Tuesday allowing private investment in the electrical system. This decision comes during a severe crisis characterized by frequent daily blackouts across much of the country. Nationalization of the electricity service in 2007 led to a lack of investment, corruption, and poor management. These factors created a significant deficit in power generation. The National Assembly passed the new law unanimously. Jorge Rodríguez, the president of the Assembly, told the press that allowing private companies to generate electricity for a set fee will increase the supply.
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