Venezuela’s textile mill to be expanded

Venezuela’s state-run textile mill has been expanded by 10 percent to 2,500 workers, which the government said will be in line with a program announced in January to expand its textile sector to 40,000 workers by 2022.The government has pledged to expand the sector from 100,000 to 160,000 textile workers by 2020.The expansion is part…

Published by admin inJuly 27, 2021
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Venezuela’s state-run textile mill has been expanded by 10 percent to 2,500 workers, which the government said will be in line with a program announced in January to expand its textile sector to 40,000 workers by 2022.

The government has pledged to expand the sector from 100,000 to 160,000 textile workers by 2020.

The expansion is part of President Nicolas Maduro’s ambitious industrial development program, which aims to create 25,000 jobs by 2020 in sectors such as apparel, construction, furniture and footwear.

Maduro has previously promised to invest in expanding the sector and to create 5 million jobs by 2022, but has so far met with little progress.

Venezuela’s textile industry has been hit hard by inflation and shortages of raw materials, and Maduro’s government has tried to cut imports of clothing and shoes, with the goal of reducing unemployment and increasing consumer spending.

The country has also struggled to meet its energy needs as it struggles with a lack of foreign exchange reserves.

Videos posted on social media show workers standing on trucks and rolling them up, while a woman carrying a basket is seen carrying the machine.

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