Head of State: The Hydrocarbons Act will allow the creation of 324,000 jobs in 10 years
@presidencialve
Published at: 17/10/2026 04:43 PM
This Saturday, the 17th, the President of the Republic, Delcy Rodríguez, referring to the Hydrocarbons Law, said that contracts linked to the participation of Venezuelan workers will allow profits for investors and also for the country.
In that direction, he said that “I have to say it, the benefits of immediate investments in a decade, in five years, in 10 years we will have created 324 thousand jobs, including direct, indirect and induced jobs.”
During his speech at the closing of the Energy, Oil and Gas Conference 2026, he stressed that in conversations with the president of Petroleos de Venezuela (PDVSA), Héctor Obregón, “we see that only the binational agreement with the United States includes 250 projects, and each draft requires the hiring of 200 workers.”
“But if we go to all the sectors that are going to be activated (...) metalworking, transport logistics, foundations, hospitality, equipment rental,” he said, the hiring of workers is expanding.
Mazo News Team