Tiuna City awarded as best project funded by China ( same place as previous post)

[Bacchus4.0]

The socialist urban complex Tiuna City that is being built in Caracas was awarded by the China Law and Practice magazine as a funded project of the year of this Asian nation.

This achievement was possible as a result of an agreement signed for 1.5 billion dollars between Petróleos de Venezuela (PDVSA), the Industrial and Commercial Bank of China (ICBC) and the China Oil Corporation, according to a press release of PDVSA.

The project provides the construction of 13,000 new homes, as part of a financing of $ 4 billion allocated by China.

Statements given in August by top Body coordinator for Housing and Minister for Oil and Mining, Rafael Ramirez, inform that with the support of the Asian nation there are 116 buildings under construction in Fort Tiuna, of 12 floors each, resulting in 13 000 apartments.

http://www.embavenez.by/en/news/776-galardonan-a-ciudad-tiuna-como-mejor-proyecto-financiado-por-china

Venezuela embassy website. That is their take on it.

[leveymg]

1. And, you wonder why so many Venezuelans seem to like socialism and China?

[Bacchus4.0]

2. you must not have seen the other post

some more

http://www.eluniversal.com/caracas/130801/ciudad-tiuna-sin-personal-ni-obras-calificadas

project is behind 75%, not enough laborers, and the construction is not up to code.

Solo trabajan 25% de obreros en pésimas condiciones de higiene y seguridad industrial, y sin beneficios laborales", destaca Zegarra.


Only 25% of the workers needed are there with poor hygenic and safety conditions, and without labor benefits.