Chinese entrepreneurs explore Alliance with Sural Sunday, November 21, 2010 María Ramírez Cabello
mramirez@correodelcaroni.com
Photo John Aular

Chinese employers argued that in this exploratory visit expect concrete agreements A delegation of Chinese businessmen visited the Sural, one of the main manufacturers of wire, rods and bars of aluminium in the world, whose plant is located in the Zona Industrial Matanzas in Ciudad Guayana in this Saturday morning.
The objective of this first exploratory visit, which was present the Chargé d'affaires of the Embassy of China in Venezuela, Chen Ping, you see the possibility of creating a strategic partnership between Venezuelan private and China Railway Eryuan Engineering Group Co., the third world aluminum products manufacturer.
The Chinese company is in charge, together with Orinoco Energy Resources, the development of four sections of the national railway system in the amount of $ 6 billion.
Alfredo Riviere, President of Sural, stated that they have "48 patents, of which there are six aluminum." We are demonstrating our technology is highly advanced and we can provide technology in high-tension cables. "We have spoken with them to provide these high voltage cables and special steel".
"The objective is to offer products, technologies, and expansion of plants." "We have a technology to change the molecular structure of aluminum and we can make automotive parts of very high density and structural resistance and are interested in this," he added.
The representative of the company said this kind of meetings allow you to expose the potentiality of the Venezuelan industries. It is positive to demonstrate that we have export capacity to produce and organize and aluminum for the development of the country is very important.
Surae boasts the largest in the world, having a capacity of 150 thousand tons of wire rod and 50 thousand tons of cable installed capacity. "Brazil has eight companies of cables such as ours and we are bigger than all of them," said.
10% Of the production goes to the local market, while the remainder is exported, "but if required a greater supply the domestic market, we can provide, but now the local market demand isn't so high".
The manufacturer drivers exported to several countries of the world and Latin America Brazil and Chile. In addition, conducted a 12 thousand kilometers of cable between Egypt and Libya connection.
In 2011, the company expects concrete plans for expansion and modernization of its plant.
In a scenario of expropriations and estatizaciones sectors considered "strategic", which has played mostly to companies in the private sector, Riviere noted that "we are seeing what the Government wants to do and we want to support it in all its initiatives and we are outstanding and we want to collaborate".
As regards the exchange rate regime, argued that comply with regulations "and we are in a competitive environment".
Growth needs
Hu Sen, President of China Railway Eryuan Engineering Group Co., said the company has many needs aluminium, hence the need to establish a partnership with companies manufacturers as Sural.
Surae is the first we visited in Venezuela and in Latin America because it is the largest on the continent, we are interested in your technology and the quality of its products and, in addition, industry eager to enter the Chinese market.
Venezuela: wide receiver
Chen Ping, Chargé d'affaires of the Embassy of China in Venezuela, argued that the cooperation that exists between Venezuela and China is positive "and look realization of major projects in the productive sector." In the area of metals still no projects, both parties are engaged in joint exploration, expressed.
The diplomat pointed out that China has invested more than 1.6 billion dollars in Venezuela, so is the country with greater investment in the Asian nation reception. "Business cooperation between China and Venezuela is advanced", expressed.
Growing presence in Venezuela china
Relations between China and Venezuela have grown in recent years. The latest deal was "Cooperation and financing agreement", published in Official Gazette No. 39.511 September 16 this year long-term China-Venezuela.
The Convention provides for the granting of a line of credit from the China Development Bank and the Bank for economic development and Social Venezuela (people) amounting to us $20 billion, which will be cancelled with oil.
According to data of the National Council of investment promotion (Conapri), according to official figures of the Superintendency of foreign investments (SIEX), China has invested in the country until 2006 more than a million dollars. For its part, the Agency for the promotion of investment in China (CIPA), estimated existing Venezuela Chinese investments reaching an amount of $ 34 million.
Both Nations have closed agreements for the manufacture of appliances, computers, telecommunications equipment, hole drilling oil, among others. China participated in the manufacture of the Simón Bolívar satellite.

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