It explained that the financing was approved, in the ninth meeting of the Mixed Commission of High level China - Venezuela
Loan of China guarantees execution of house plan

Source: ABN
17/1/11

The originating resources of the loan of great volume and length term of China, decided with the Asian nation by 20 billions of dollars, guarantee the work financing in residential matter in Venezuela, according to minister of Planning and Finanzas, Jorge Giordani.
In route realised yesterday in urbanism in construction Arsenal, located in state Aragua, which forms part of works that is executed with these contributions, said that this work, like other productive projects that are executed in the country, “it has guaranteed his financing so that in a determined term, its construction is culminated, which must be ligature to the habitat and the productive processes”.

It explained that the financing was approved, in the ninth meeting of the Mixed Commission of High level China - Venezuela, realised in December of 2010 in the city of Beijing, that will impel the development of estructurantes projects in different socio-economic areas from the country, especially in the productive sectors.

“This is a practical demonstration that the financing sources are translated in well-being for the Venezuelan population, coverall at this moment that rains have struck to more than 130 thousand families who lost their houses”.

She added that “from the Government they are working so that these dignificadas people, the Venezuelan popular class and the average sectors have a worthy house”.

The holder of Planning and Finances indicated that president Hugo Chavez, is studying the National Plan of House, that contemplates the construction of 150 thousand units of houses and the 2,016 apartments of the Arsenal comprise of that plan.
“For 2012, we considered to construct 200 thousand houses to take care of a million people, having almost average of 5 people by each family”, added.
Giordani maintained that this residential plan “is a effort of national character, in which to the ministries of the Popular Power for House and Habitat, Planning and Development participate, the Vice-presidency of the Republic and the Vice-presidency of Territorial Development”. ABN