sources, local authorities are awaiting the signature of President Hugo Ch�vez after negotiating an agreement between the mayors of Puerto La Cruz (Sotillo Municipality) and Barcelona (Bolivar Municipality) and the Chinese company Transtech Engineering Corporation for the construction of a network of modern mass transportation. The target date for the launch of this initiative was August 2007, but since the announcement in March of that year has not been re-appointed over the project.
The first phase of construction of the Metro urban network is expected to last approximately two years to complete. According to various estimates, this would reduce by 50% the volume of traffic that is logged daily in this metropolitan area. This ambitious project involves an air transport infrastructure, with additional sections on land
