cavececo

Cavececo President Alfredo Cohen noted that the sector’s recovery is virtually approaching the historic levels of 2013, the peak of the golden boom in domestic consumption.
Under the motto of connecting ideas, transforming spaces, and showing that the country’s commercial muscle refuses to yield to inertia, the 5th Annual Congress of the Venezuelan Chamber of Shopping Centers (Cavececo) offered an economic outlook as bold as it was forthright.
Far from the usual gloomy assessments, the industry group’s president, Alfredo Cohen, shook up the country’s political and tax landscape with blunt statements on behalf of an industry that directly employs nearly 600,000 Venezuelans.

The Venezuelan Chamber of Shopping Centers (Cavececo) released a piece of information that sounds like pure retail: in the country, around 215 shopping malls operate, of which 131 are affiliated with the guild and account for 75% of the leasable square meters. Its executive director, Claudia Itriago, also said that next year a new complex should open in Caracas. Seen through the lens of a crypto and finance portal, the news goes far beyond bricks and mortar: malls are still the natural meeting point between cash dollars, USDT, and digitized bolívares.