Venezuela to Offer State Assets to Private Sector

Venezuelans interim president announced plans to offer non-essential state assets to the private sector and former owners. The move aims to reverse past nationalizations and advance ongoing negotiations in energy and mining.

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Venezuela's interim President Delcy Rodriguez speaks during the World Food Forum at the Food and Agriculture Organization (FAO) headquarters in Rome, Italy, October 12, 2026. REUTERS/Remo Casilli

Venezuela plans to return non-essential state assets to the private sector and former owners, marking a potential shift from past nationalizations. The move follows an ongoing government audit of infrastructure across energy, power, and mining industries. For investors, the asset review could clear lingering international arbitration claims and unlock new private participation in key sectors.