Venezuela, a mixed economy with amazing business and touristic opportunities

Beyond a set of challenges related to streamlined access to basic necessities, the Venezuela is a great land of global business and touristic opportunities.

Venezuela has a mixed economy dominated by the petroleum sector. Venezuela has the least expensive petrol in the world because the consumer price of petrol is heavily subsidized.

Venezuela has the largest oil reserves, and the eighth largest natural gas reserves in the world, and consistently ranks among the top ten world crude oil producers.

The country's main petroleum deposits are located around and beneath Lake Maracaibo, the Gulf of Venezuela (both in Zulia), and in the Orinoco River basin (eastern Venezuela), where the country's largest reserve is located. 

Venezuela manufactures and exports heavy industry products such as steel, aluminium and cement, with production concentrated around Ciudad Guayana, near the Guri Dam, one of the largest in the world and the provider of about three-quarters of Venezuela's electricity. Other notable manufacturing includes electronics and automobiles, as well as beverages, and foodstuffs. 

The country is not self-sufficient in most areas of agriculture. With + 31 million potential consumers, foods shortage can be a great concern.

Venezuela has been one of the world's leading exporters of oil, and it is a founding member of OPEC. 

Tourism has been developed considerably in recent decades, particularly because of its favorable geographical position, the variety of landscapes, the richness of plant and wildlife, the artistic expressions and the privileged tropical climate of the country, which affords each region (especially the beaches) throughout the year.

Margarita Island is one of the top tourist destinations for enjoyment and relaxation. It is an island with a modern infrastructure, bordered by beautiful beaches suitable for extreme sports, and features castles, fortresses and churches of great cultural value.

The electricity sector in Venezuela is one of the few to rely primarily on hydropower, and includes the Guri Dam, one of the largest in the world.

Venezuela is connected to the world primarily via air (Venezuela's airports include the Simón Bolívar International Airport in Maiquetía, near Caracas and La Chinita International Airport near Maracaibo) and sea (with major sea ports at La Guaira, Maracaibo and Puerto Cabello). In the south and east the Amazon rainforest region has limited cross-border transport; in the west, there is a mountainous border of over 2,213 kilometres (1,375 mi) shared with Colombia. The Orinoco River is navigable by oceangoing vessels up to 400 kilometres (250 mi) inland, and connects the major industrial city of Ciudad Guayana to the Atlantic Ocean.

Venezuela has a limited national railway system, which has no active rail connections to other countries. Several major cities have metro systems.