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Venezuelan building new $2.1 billion steel plant
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CARACAS, Venezuela (AP) — Venezuela will help build a new $2.1 billion steel plant in southeastern Bolivar state, Venezuelan President Hugo Chavez said Friday.
Chavez visited the building site as heavy machinery began moving earth for the new plant. Brazilian investors also are participating in the project.
Mining Minister Rodolfo Sanz said the steel plant's construction will generate 7,000 jobs — and more than 1,500 jobs once the plant is operating. ...
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