Venezuela does not. It had less than $1b in foreign direct investment in 2023.
In 1991 Venezuela allowed many utilities to be privatized. This included their telephone and TV company, electrical grid, and many petroleum operations. In 2007, after billions of foreign direct investment was done, Venezuela appropriated and nationalized these industries again.
That’s a sure fire way to repel future foreign direct investment. The additional sanctions placed on Venezuela haven’t helped either.
In 1991 Venezuela allowed many utilities to be privatized. This included their telephone and TV company, electrical grid, and many petroleum operations. In 2007, after billions of foreign direct investment was done, Venezuela appropriated and nationalized these industries again.
That’s a sure fire way to repel future foreign direct investment. The additional sanctions placed on Venezuela haven’t helped either.