PDVSA designs and implements social development projects aligned and in coordination
with the social plans of Venezuela for the benefit of the communities. Oil revenues
are used for health, food, investment, roads and various funds,
including: Independence Fund 200, Simon Bolívar Fund for Comprehensive Reconstruction,
Asphalt Fund, and the Socially Owned Companies Fund (EPS), in addition to contributions to
the National Development Fund (FONDEN) and the Chinese Fund
In this way we closely link oil with social matters for the welfare of the country.
In 2015 we contributed 20.2 billion dollars for social development as summarized below:
• US$ 3.8 billion for Social Missions - Ribas, Barrio Adentro, Food, and Energy Revolution.
• US$ 19 million from the Socially Owned Companies Program (EPS), consisting of deductions that PDVSA makes to all its contractors and providers in order to support the communities.
• US$ 8 billion from the Independence Fund 200 - extraordinary revenues produced by the conversion factor established in the Budget Law for the liquidation of PDVSA's foreign currency at the Central Bank of Venezuela (BCV).
• US$ 5 million from the Asphalt Fund (surplus from asphalt sales invoicing and production costs) for road infrastructure improvements and asphalting.
• US$ 6.3 billion for the Chinese Fund created with the aim of promoting the socio-productive and industrial development of Venezuela through the execution of major projects in various economic areas.
• US$ 119 million allocated to the Investment Projects for the execution of plans and programs through the direct investment made by PDVSA and its subsidiaries, equivalent to 10% of the amount estimated for the execution of investment projects used for the Great Housing Mission Venezuela (GMVV).
• US$ 63 million from the National Savings Fund of the Working Class and the People's Savings Fund, for the payment of the debt arising from social security benefits and to support the benefits system of public administration workers.
• US$ 976 million for the National Development Fund (FONDEN), an entity created by the Government of the Bolivarian Republic of Venezuela for the execution of major infrastructure works in accordance with the mechanisms set forth in the BCV Law.
Social Missions are large scale programs aimed at guaranteeing the fundamental rights of society, particularly the most excluded among us.
Extraordinary resources are allocated for these initiatives that are carried out with interinstitutional and interministerial cooperation; organized communities play a key role in their planning, execution and monitoring.
PDVSA directly supports almost all the Social Missions and development programs that the Bolivarian Government is promoting throughout the country.
Ribas Mission
This mission was launched on November 17th, 2003 with the motto "Winning is Vital".
It benefits those that have not finished their secondary education.
After 13 years and a total investment of 3.5 billion dollars, Ribas Mission has enrolled 1,739,529 “winners” who entered the education system.
Ribas Integral
177,518 fellow countrymen and women are enrolled at Ribas Integral; 97,907 (59.5%) are female and 66,644 (40.5%) are male.
The Ribas Mission Foundation targets groups requiring special attention, including:
• People deprived of their liberty
1,720 participants located in 30 penitentiary centers throughout the country.
• Winners with motor, visual, auditory, and physical disabilities
5,747 students enrolled with various special conditions.
• Indigenous communities
10,054 indigenous people of various ethnic groups and communities have graduated.
• Members of the Army, Navy, Aviation, Guard and National Reserve
1,118 winners throughout military militia centers.
• Ribas Mission environments in workplaces
Currently, this population is 4,094 winners.
• Institutional cooperation
14,014 missionaries participated in teaching improvement courses in the Republic of Cuba.
• Ribas Young People
430 classrooms and workshops environments were opened, with a population of 4,314 young people.
• Ribas Technical
7,839 fellow countrymen and women finished their studies and will get their Medium Level Technician degree.
• Ribas Productive
245 socio-productive projects have been developed.
• 453 winners participate in socialist supply and fuel management brigades in service stations.
• Socialist construction brigades 46,327 brigade members were trained in housing construction.
• Socialist mission bases
168 bases are assigned to Ribas Mission; 165 have been completed.
• Volunteer work brigades
They repair and maintain educational centers, hospitals, Integral Diagnostic Centers (CDI) and Integral Rehabilitation Centers (CRI).
• Blood donation brigades
Volunteer blood donation drives were held throughout the country.
Food Mission
The key objective of this mission is to market and trade staple food products while maintaining quality, low prices and easy access in order to meet the needs of the Venezuelan population, especially those with limited economic resources. With this Mission, PDVSA supports the Food Security Plan nationwide, through contributions to the Strategic Foods Program Foundation, FUNDAPROAL, Mercado de Alimentos, C.A., Mercal, and Corporación de Abastecimiento y Servicios Agrícolas, LA CASA.To date, US $ 8.59 billion have been allocated
Barrio Adentro Mission
The main goal of Barrio Adentro Mission is to guarantee full access to integral, quality health services.
Currently, this mission covers between 90 and 100% of most excluded municipalities with free distribution of essential medicines.
This Mission is the result of a binational cooperation agreement between Venezuela and Cuba.
Up until 2015, PDVSA’s contribution amounted to 29.5 billion dollars. Significant achievements of that year:
• Purchase of medicines for the national public health system as well as obstetrical and neonatal equipment.
•Preventive and corrective maintenance of 19 radiotherapy and nuclear medicine units throughout the country.
• Acquisition of 150,000 units of insect repellents as part of preventive actions against dengue and chikungunya.
Energy Revolution Mission
6.3 billion dollars investment to date. Major projects include: • Continuation of the Manuel Piar Hydroelectric Power Plant project in Tocoma, Bolívar state.
• Obtaining power transformers, with different capacities.
Agricultural Projects. 4.1 billion dollars were granted in the period 2004-2015. Up until 2015, resources were allocated to:
• Purchase of machinery, agricultural implements, and agroindustrial plants.
Infrastructure Projects
During the 2010-2015 period, PDVSA contributed 2.6 billion dollars in resources through the signing of various agreements with foreign companies. Major works up until 2015:
• Third Bridge over the Orinoco River, Caicara del Orinoco, Bolívar state
• Second Bridge over Lake Maracaibo, Zulia state (Nigale Bridge).
• Metro System Line 2 El Tambor-San Antonio de los Altos.
• Metro System Caracas-Guarenas-Guatire, Miranda state
• Construction of the Commander Chávez Bridge, Cumaná, Sucre state.
• Integral restoration of Bolívar Square, Pichincha Square and their urban area of influence, Cumaná, Sucre state
Miranda Fund
This fund received 24.5 billion dollars in the period 2010-2015. It is administered by the National Treasury Office (ONT); allocations are executed through additional credits.
Roadways plan
PDVSA provided 3.7 billion dollars to execute the following works in 2015:
• Second part of the road maintenance plan, Monagas state.
• Road restoration in the following municipalities: Iribarren (Lara), Puerto Ayacucho (Amazonas), Páez (Zulia), Barinas (Barinas), Miranda (Falcón), Páez (Apure), Santa Inés- Santa Lucía Road (Barinas), Barrios Las Cadenas (Miranda).
• Completion of construction of La Costanera Avenue, Sucre state
Contribution to the Electricity Sector
Investment amounts to 11.4 billion dollars for:
• Construction of new sub-stations in Falcón state.
• Acquisition and installation of two 50 MW turbo generators, Barinas state.
• Gas venting generation, UNE Cuba Agreement.
•Termocarabobo thermoelectric plant.
• Backup generation to communities, Zulia state.
Community Contributions
They total 8.4 billion dollars. The following projects were completed this year:
• Various works in the Insular District, Nueva Esparta state.
• Support for the training of professional troops of the Bolivarian National Guard.
• Development of a new model of integrated waste and residues management in Nueva Esparta state.
• Development of Phase 3 of the Open Digital Television (TDA) project.
• Infrastructure restoration and repair of the Enrique Tejera hospital, Carabobo state.
• Care and emergency services plan in hospitals.
• Operating expenses of 243 hospitals type I, II, III and IV.
Great Mission Housing Venezuela
In 2010, the housing deficit in Venezuela exceeded 3,000,000 homes, due mainly to the exclusionary social policies of previous governments. The situation worsened after catastrophic weather events that year. Many Venezuelans were left in a precarious situation and the Bolivarian government decreed a state of emergency. Against this backdrop, the Great Mission Housing Venezuela (GMVV) was launched on April 30, 2011 with the goal of solving the housing problem in a period of nine years (2011-2019). It is currently under the Homeland Plan Act (Second Socialist Plan of Economic and Social Development of the Nation 2013-2019). GMVV is the main program and policy of the housing and habitat sector
2015 GMVV Strategic Achievements
• GMVV reached the historic goal of building 1,000,000 decent homes. PDVSA delivered important works that represented significant milestones.
• As executing agency, PDVSA promoted the construction of 14,183 homes with a total investment of 11.2 billion bolivars; 7,958 homes were completed and 6,225 homes are under construction. All of this was possible thanks to the resources generated from the sale of 1,600,000 tons of petroleum coke produced in the José Antonio Anzoátegui Petrochemical Complex, located in Anzoátegui state.
PDVSA La Estancia is the social and cultural branch of PDVSA. It has three lines of action: cultural, social, and heritage revaluation. La Estancia endeavors are very high quality, free of charge, and support continuity. The ultimate aim is to improve the quality of life of Venezuelans under the Siembra Petrolera Plan and Article 5 of the Hydrocarbons Organic Law:
“The activities governed under this Law shall be aimed at promoting the comprehensive, organic and sustained development of the country, honoring the rational use of the resource and the preservation of the environment. To this end, the strengthening of the national productive sector and the transformation in the country of raw materials from hydrocarbons shall be promoted, as well as the incorporation of advanced technologies".
PDVSA La Estancia has benefited thousands of people as a result of the implementation of each of its lines of action both in Caracas metropolitan area and in communities across the country, particularly in Paraguaná and Maracaibo.
Activities along the social line of action
These are activities related to community-based management and social support:
-Assistance to 304 children and adolescents in the socialist residential developments of the Great Mission Housing Venezuela (La Limonera-Av. Libertador), and both PDVSA La Tahona and PDVSA La Campiña sports schools dedicated to field soccer, indoor soccer, basketball and baseball.
- 13 short workshops were conducted for recreational purposes where participants reused plastic waste and paper on the Sabana Grande Boulevard, and nine craft fairs where they exhibited and sold the products made in the training workshops of the Residential Development La Limonera and the Fabricio Ojeda Nucleus of Endogenous Development (NUDEFO ).
- 26 adult and children training workshops were started and continued throughout the year from NUDEFO headquarters.
Health Cases
The Health Cases Unit contributes with the resolution of medical cases that cannot be resolved by the national public health system, following the Siembra Petrolera Plan.
Activities along the cultural line of action
In 2015, PDVSA La Estancia delighted the general public with a wide range of musical events celebrating Venezuelan holidays and traditions, with both academic and popular music in our heritage spaces. The people enjoyed a steady stream of very high quality events free of charge. Children and adolescents enthusiastically participated in activities such as theater, puppetry, storytelling, singing, dance, magic, and circus. These activities are learning tools and they are also fun.
Activities along the heritage line of action
The following projects were implemented:
• Construction Project for a Skate Plaza, city of Punto Fijo Metropolitan Park, Carirubana Municipality, Falcón state.
• Comprehensive restoration of Bolívar Square, Pichincha Square and their urban area of influence, located in Cumaná Historic District, Sucre state.
• Project to restore and modernize the lighting system of the General Rafael Urdaneta Bridge, Maracaibo, Zulia state.
Heritage Projects in development and maintenance
• Preventive and corrective maintenance of Sabana Grande Boulevard, Bolivarian Libertador Municipality, Capital District.
• Preventive and corrective maintenance of Venezuela Square, Bolivarian Libertador Municipality, Capital District.
• Preventive and corrective maintenance of the “Uracoa" mural by Maestro Mateo Manaure, located in the lower level of Libertador Avenue, Western Stretch, Bolivarian Libertador Municipality, Capital District.
• Preventive and corrective maintenance of the walled enclosures of the Generalísimo Francisco de Miranda Park, Sucre Municipality, Capital District.
• Completion of the restoration and social use availability of the Santa Ana Del Norte Temple, Gómez Municipality, Nueva Esparta state.
• Completion of outdoor infrastructure for the Housing Complex “12 de Octubre El Tirano”, Antolín del Campo Municipality, Nueva Esparta state.