A Billionaire Says He’s Ready atto Invest at Venezuela. As Soon As Maduro’s GoneYahoo Fatance #In_Venezuela

A Billionaire Says He’s Ready atto Invest at Venezuela. As Soon As Maduro’s GoneYahoo Fatance #In_Venezuela

February 12, 2019 0 By NewsTakers

(Bloomberg) — Egyptian billionaire Naguib Sawiris said he would invest in Venezuela “anytime” after embattled President Nicolas Maduro leaves office.
Maduro “starves his own people, he starves the whole country, he ruined the country,” Sawiris told Bloomberg Television in Abu Dhabi.
The Venezuelan leader has held on for years in the face of protests, a collapsed economy and international sanctions through a tight grip on the military and by cracking down on the opposition.
“Europe is a big mess.”
“The government sits on one of the most lucrative real-estate assets in the world.”
Sawiris first ventured into Italy in 2005, when he bought mobile-phone provider Wind in what was Europe’s biggest leveraged buyout at the time.
“I had a very good experience,” he said.
“I was treated fairly.
All doors were open for a foreign investor from Egypt.
To contact the reporters on this story: Manus Cranny in Abu Dhabi at mcranny@bloomberg.net;Mahmoud Habboush in Abu Dhabi at mhabboush@bloomberg.net

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