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Ilustración de instalaciones industriales y edificios urbanos al atardecer en Venezuela
Imagen generada: instalaciones industriales y edificios al atardecer, a propósito de la oferta de activos estatales en Venezuela.

Venezuela to offer non-essential state assets to private owners

Delcy Rodríguez said Venezuela will classify and offer non-essential state assets to the private sector and their former owners, after instructing their…

--- The context --- Venezuela's acting president, Delcy Rodríguez, said on Thursday in a message on state television, that the government is moving forward with classifying and offering non-essential state assets, in a turn away from the nationalizations of Hugo Chávez. --- The facts --- Rodríguez instructed the valuation of those assets so they can be offered to the private sector or returned to their former owners, and she said the process is already advanced. In April she appointed a government commission to audit and evaluate state assets. --- The positions --- In her address, Rodríguez said indirectly that private property is a right protected and guaranteed by the Constitution. That is the premise with which the government presents the classification and the offer of assets. --- What remains unknown --- The available information does not detail which assets will be classified as non-essential or when the offers will take place. --- Unanswered questions --- Which assets will enter the final classification of non-essential assets? How many will be offered to private buyers and how many will return to former owners? When will the valuations instructed by Rodríguez be known? --- EPM analysis --- The measure would reverse Chávez's broad wave of nationalizations in the oil and electricity sectors and other key areas of the economy. In parallel, Rodríguez said 44 agreements are under negotiation under the Hydrocarbons law, which would add to the 61 oil agreements the government says have already been signed. 📌 EPM Take: In EPM's view, the real scope of the announcement will depend on the final classification and the valuations, because they will define which assets leave state control and by which route. The turn away from nationalizations and the backing of private property as a constitutional right are the core of the message. The parallel oil negotiation shows the offer is part of a broader economic move.
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