Government has allocated just 8.4% of homes promised to earthquake victims

The Daily Journal.- The Venezuelan government has allocated 335 new homes to families affected by the June 24 earthquakes, representing 8.4% of the 4,000 homes that Delcy Rodríguez’s administration has pledged to deliver before the end of 2026. “We have delivered 335 new homes, benefiting 1,172 people, and restored 1,001 homes, benefiting 3,503 people,” Rodríguez […]

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Earthquakes caused $6.7 billion in direct damage, UNDP estimates

The Daily Journal.- The two earthquakes that struck on June 24 caused an estimated $6.7 billion in direct damage, according to the United Nations Development Program (UNDP), which warns that the main economic indicators do not fully capture the scale of the losses to assets and property. The estimate appears in the report Venezuela’s Macroeconomic […]

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College of Engineers and Construction Chamber call for proper rubble management methodology

The Daily Journal – The National Board of the College of Engineers of Venezuela and leaders of the Venezuelan Chamber of Construction held an institutional meeting this weekend and signed a joint document addressed to the relevant authorities. The document calls for implementing a proper methodology to manage the debris left by buildings that collapsed […]

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Laser proposes decentralized air network after earthquakes

The Daily Journal — Venezuelan airline Laser temporarily reorganized its operations after the disruption caused by the earthquakes. The experience led the company to identify an opportunity to develop a more flexible airport network with a stronger presence at regional airports across the country. Eliana Verkooke, Laser’s Commercial Director, told Bloomberg that, despite the emergency […]

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The opportunity hidden in the rubble

By Wilmer Rosas Specialized estimates indicate that Venezuela’s twin earthquakes of June 24, 2026, produced more than one million tons of rubble and debris. That presents an enormous challenge—and, at the same time, an opportunity—for the State to demonstrate sound management and operational efficiency. Countless protocols, international case studies, and public policies already address the […]

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World Bank estimates earthquake damage at $19.579 billion

The Daily Journal — A preliminary rapid damage assessment released Thursday by the World Bank estimates that the June 24, 2026 earthquakes caused $19.579 billion in direct damage to physical assets across Venezuela. The report, Global Rapid Post-Disaster Damage Estimation (GRADE) Report: Venezuela Earthquakes – June 24, 2026, states that the disaster destroyed approximately 1.39% […]

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Chacao Municipality to seek emergency funding from CAF and IDB

The Daily Journal. — Chacao Mayor Gustavo Duque said the municipal government will assess the internal damage in apartments affected by the twin earthquakes of June 24 and seek emergency funding from the Development Bank of Latin America and the Caribbean (CAF) and the Inter-American Development Bank (IDB). During a radio interview with journalist Shirley […]

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Port of La Guaira prepares to resume operations after repairs to key infrastructure

The Daily Journal. — Maritime commercial activity in La Guaira is approaching a full restart after the structural damage that the June earthquakes caused. Eduardo Quintana, coordinator of Fedecámaras La Guaira, said reconstruction work at the Central Coast’s main port has made significant progress in critical loading and unloading areas. During an interview on the […]

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Construction Chamber proposes independent oversight for international reconstruction funds and reforms to attract private investment

The Daily Journal. — The Venezuelan Chamber of Construction (CVC) has proposed creating an independent mechanism to oversee the use of international funds allocated for Venezuela’s reconstruction following the June 24 earthquakes. The organization also called for a series of regulatory and tax reforms to revive private investment in the construction sector. During a press […]

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Reconstruction exceeds Venezuela’s fiscal capacity, José Guerra warns

The Daily Journal — Rebuilding the areas devastated by the June 24 earthquakes exceeds the Venezuelan government’s fiscal capacity and will require the country to secure extraordinary sources of financing to cover an investment that could reach $15 billion, economist José Guerra said. The former congressman argued that the deterioration of public finances prevents the […]

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