The project will be developed in the state of La Guaira, aiming to strengthen telecommunications infrastructure and diversify the region's economy. The reception of the supplies was led by the governor of La Guaira, José Alejandro Terán, who announced that the plant will be called. By mid-2025, Venezuela is expected to have “a new technological company with exporting vocation,” Meléndez announced Venezuelan and Iranian authorities announced this weekend the signing of an agreement to build a fiber optic factory in the South American country, more specifically in La Guaira, a. The new plant, named Venefibra, represents an effort in the pursuit of technological sovereignty and economic diversification. As part of the bilateral cooperation between Venezuela and Iran, this week a shipment of materials and supplies. Iran's Minister of Information and Communications Technology (ICT) Sattar Hashemi (C) speaks during a joint meeting with members of Parliament's Program, Budget and Accounting Committee on August 5, 2025. Venezuela has received a significant boost to its. An agreement to build Venezuela's first optical fiber cable plant was signed by the authorities of Venezuela and Iran, Prensa Latina informed on November 3.