Electricity
17
Transportation
Oil
Energy
1,78 %
Agriculture
0,89 %
Projects
10,3 %
3,56 %
Industry
Housing
0,89 %
Water
2 %
between China and Venezuela
Technology
1,81 %
that are no longer operational
Investment
As of August 2021, 29% of the projects remain unfinished, according to field reports verified by Alianza Rebelde Investiga. The public works that were executed took between two and nine years of construction. $22,421,638,174 is the total amount invested in these failed projects
by production sectors
27,5 %
+50%
51,21 %
production areas where alliances were made
invested in the transportation sector
PROJECT
Cost
EXECUTION TIME
SECTOR
STATUS
Electric
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
2010
2011
2012
2013
2014
Termocarabobo II
1.273.680.000
Start Date
Promised Date of Completion
Completion Date
Electric
José Félix Ribas - La Cabrera Thermal Power Plant
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
2010
2011
2012
2013
2014
698.270.000
Start Date
Promised Date of Completion
Completion Date
Electric
2011
2012
2013
2014
2015
2016
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
Unit 6 Planta Centro Thermal Power Plant
1.463.790.000
Completion Date
Start Date
PROJECT
Cost
EXECUTION TIME
SECTOR
STATUS
Electric
Don Luis Zambrano Thermal Power Plant
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
2011
2012
2013
2014
2015
1.105.210.000
Comp letion Date
Start Date
Promised Date of Completion
Electric
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
2014
2015
2016
2017
Batalla de Santa Inés Thermal Power Plant
316.000.000
Comp letion Date
Start Date
Transmission Line form the Manuel Piar Power Plant to Uribante Caparo
Electric
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
1.315.000.000
Promised Date of Completion
Works Not Completed
Start Date
PROJECT
Cost
EXECUTION TIME
SECTOR
STATUS
Transportation
Central Western Railway System Rehabilitation
2.305.688.174
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Works Not Completed
Start Date
Promised Date of Completion
Transportation
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
2015
2016
2017
2018
2019
2020
2021
7.500.000.000
Tinaco – Anaco Line
Works Not Completed
Start Date
Promised Date of Completion
Transportation
2015
2016
2017
2018
2019
2020
2021
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
Yutong Venezuela Bus Assembly Plant
417.000.000
Promised Date of Completion
Completion Date
Start Date
PROJECT
Cost
EXECUTION TIME
SECTOR
STATUS
Transportation
2011
2012
2013
2014
2015
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
Import of 7,016 Yutong Buses
1.261.000.000
Comp letion Date
Start Date
Oil
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Batalla de Santa Inés Refinery
2.310.000.000
Promised Date of Completion
Works Not Completed
Start Date
Energy
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
2017
2018
2019
2020
2021
Carbozulia revamp
400.000.000
Works Not Completed
Start Date
PROJECT
Cost
EXECUTION TIME
SECTOR
STATUS
Delta Amacuro Rice Processing Plant / Hugo Chavez Rice Factory
Agriculture
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
200.000.000
Comp letion Date
Start Date
Industry
Haier Household Appliances Industrial Complex
2010
2011
2012
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
800.000.000
Comp letion Date
Start Date
Housing
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
2009
2010
2011
200.000.000
Tavacare City
Comp letion Date
Start Date
PROJECT
Cost
EXECUTION TIME
SECTOR
STATUS
Water
2004
2005
2006
2007
2008
2009
2010
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
Bolivarian Aqueduct of Falcón
450.000.000
Comp letion Date
Start Date
Promised Date of Completion
Technology
2005
2006
2007
2008
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
Simón Bolívar Venesat-1 Satellite
406.000.000
Comp letion Date
Start Date
Sources: Reporters and correspondents of El Pitazo, Transparencia Venezuela, Haier factory workers, Ciudad Tavacare residents,press articles, former Corpoelece workers, engineer professionals José Aguilar and Miguel Lara,statements made by former Minister Rafael Ramírez, Google Earth, official Corpoelec documents / Production: ARI Team
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Transcript
Electricity
17
Transportation
Oil
Energy
1,78 %
Agriculture
0,89 %
Projects
10,3 %
3,56 %
Industry
Housing
0,89 %
Water
2 %
between China and Venezuela
Technology
1,81 %
that are no longer operational
Investment
As of August 2021, 29% of the projects remain unfinished, according to field reports verified by Alianza Rebelde Investiga. The public works that were executed took between two and nine years of construction. $22,421,638,174 is the total amount invested in these failed projects
by production sectors
27,5 %
+50%
51,21 %
production areas where alliances were made
invested in the transportation sector
PROJECT
Cost
EXECUTION TIME
SECTOR
STATUS
Electric
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
2010
2011
2012
2013
2014
Termocarabobo II
1.273.680.000
Start Date
Promised Date of Completion
Completion Date
Electric
José Félix Ribas - La Cabrera Thermal Power Plant
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
2010
2011
2012
2013
2014
698.270.000
Start Date
Promised Date of Completion
Completion Date
Electric
2011
2012
2013
2014
2015
2016
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
Unit 6 Planta Centro Thermal Power Plant
1.463.790.000
Completion Date
Start Date
PROJECT
Cost
EXECUTION TIME
SECTOR
STATUS
Electric
Don Luis Zambrano Thermal Power Plant
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
2011
2012
2013
2014
2015
1.105.210.000
Comp letion Date
Start Date
Promised Date of Completion
Electric
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
2014
2015
2016
2017
Batalla de Santa Inés Thermal Power Plant
316.000.000
Comp letion Date
Start Date
Transmission Line form the Manuel Piar Power Plant to Uribante Caparo
Electric
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
1.315.000.000
Promised Date of Completion
Works Not Completed
Start Date
PROJECT
Cost
EXECUTION TIME
SECTOR
STATUS
Transportation
Central Western Railway System Rehabilitation
2.305.688.174
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Works Not Completed
Start Date
Promised Date of Completion
Transportation
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
2015
2016
2017
2018
2019
2020
2021
7.500.000.000
Tinaco – Anaco Line
Works Not Completed
Start Date
Promised Date of Completion
Transportation
2015
2016
2017
2018
2019
2020
2021
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
Yutong Venezuela Bus Assembly Plant
417.000.000
Promised Date of Completion
Completion Date
Start Date
PROJECT
Cost
EXECUTION TIME
SECTOR
STATUS
Transportation
2011
2012
2013
2014
2015
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
Import of 7,016 Yutong Buses
1.261.000.000
Comp letion Date
Start Date
Oil
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Batalla de Santa Inés Refinery
2.310.000.000
Promised Date of Completion
Works Not Completed
Start Date
Energy
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
2017
2018
2019
2020
2021
Carbozulia revamp
400.000.000
Works Not Completed
Start Date
PROJECT
Cost
EXECUTION TIME
SECTOR
STATUS
Delta Amacuro Rice Processing Plant / Hugo Chavez Rice Factory
Agriculture
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
200.000.000
Comp letion Date
Start Date
Industry
Haier Household Appliances Industrial Complex
2010
2011
2012
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
800.000.000
Comp letion Date
Start Date
Housing
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
2009
2010
2011
200.000.000
Tavacare City
Comp letion Date
Start Date
PROJECT
Cost
EXECUTION TIME
SECTOR
STATUS
Water
2004
2005
2006
2007
2008
2009
2010
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
Bolivarian Aqueduct of Falcón
450.000.000
Comp letion Date
Start Date
Promised Date of Completion
Technology
2005
2006
2007
2008
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2003
Simón Bolívar Venesat-1 Satellite
406.000.000
Comp letion Date
Start Date
Sources: Reporters and correspondents of El Pitazo, Transparencia Venezuela, Haier factory workers, Ciudad Tavacare residents,press articles, former Corpoelece workers, engineer professionals José Aguilar and Miguel Lara,statements made by former Minister Rafael Ramírez, Google Earth, official Corpoelec documents / Production: ARI Team