Venezuela sets aside 100,000 ha of agricultural land for Vietnamese investors
The Vice President said Venezuela has prepared 100,000 ha of agricultural land for Vietnamese investors, and emphasised that as Chairman of the Venezuela-Vietnam Intergovernmental Committee, he will directly monitor and support the implementation of cooperation initiatives.
Prof. Dr. Nguyen Hong Son, Director of the Vietnam Academy of Agricultural Sciences (VAAS) meets with Venezuela's Deputy Minister of Foreign Affairs Tatiana Pugh. (Photo: The Courtesy of the Vietnamese Embassy in Venezuela)
Hanoi (VNA)♍ – Venezuela fully supports and stands ready to accompany Vietnamese enterprises to invest in the country’s agricultural sector, Venezuela’s Vice President and Chairman of the Venezuela–Vietnam Intergovernmental Committee Jorge Marquez said while receiving a delegation from the Ministry of Agriculture and Environment who are in Venezuela for a working visit and attendance at the first AgroAlba 2025 Expo.
The Vice President said Venezuela has prepared 100,000 ha of agricultural land for Vietnamese investors, and emphasised that as Chairman of the Venezuela-Vietnam Intergovernmental Committee, he will directly monitor and support the implementation of cooperation initiatives.
Venezuela’s Minister of Industry and National Production Alex Saab spoke highly of Vietnam's level, experience and capacity in agricultural science and technology, saying that this is an important foundation for building effective cooperation models suitable for Venezuela's practical conditions.
According to the minister, of the total of more than 30 million ha of cultivated land in Venezuela, only about 4 million ha is used for agricultural production. Meanwhile, the Venezuelan Government has planned 3.3 million ha for crop cultivation and 13.7 million ha for livestock farming within the framework of agricultural cooperation projects under the Alliance of American States (ALBA), in which Vietnam is a priority partner.
Prof. Dr. Nguyen Hong Son, Director of the Vietnam Academy of Agricultural Sciences (right) and Venezuela’s Vice President and Chairman of the Venezuela–Vietnam Intergovernmental Committee Jorge Marquez. (Photo: The Courtesy of the Vietnamese Embassy in Venezuela)
During their stay in Venezuela from June 5-9, the delegation led by Professor, Dr. Nguyen Hong Son, Director of the Vietnam Academy of Agricultural Sciences (VAAS), had meetings with Minister of Agriculture and Land Julio León, Minister of Industry and National Production Alex Saab, Deputy Minister of Foreign Affairs Tatiana Pugh.
They travelled to Guárico state, one of the localities producing many key agricultural products of Venezuela, to seek cooperation opportunities.
Welcoming the Vietnamese delegation, Governor of Guárico state Donald Donaire said that although he had only taken office since June 6, he was directly instructed by the Venezuelan Government to welcome the Vietnamese delegation and create the most favourable conditions for the delegation to learn about the locality.
He said he believes that with the successful cooperation results in the 2016-2018 period between Guárico state and Vietnamese partners, this return will open a new chapter with many prospects in agricultural relations between the two countries.
Meanwhile, Son affirmed that Vietnam is ready to accompany and share experiences with Venezuela in the spirit of mutually beneficial cooperation.
He said that with the attention and commitment of the leaders of the two countries, the close coordination of functional agencies and the active participation of the business community, cooperation in the agricultural sector will soon become one of the strategic pillars in the comprehensive partnership between Vietnam and Venezuela./.
Vietnam views sci-tech as a decisive factor in national development and a key tool for achieving sustainable development goals, and is ready to boost sci-tech cooperation with Venezuela for mutual prosperity.
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Current trade relations between Vietnam and Venezuela remain modest and are not yet commensurate with their potential, strengths, or political relationship, said Vietnamese Ambassador to Venezuela Vu Trung My.
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