In May 2008, Venezuelan President Hugo Chavez endorsed Plan Socialist Guyana (PGS), drawn up by elected representatives from workers in Venezuela's heavy industry sector in Guyana.
This plan calls for the introduction of workers' control across the state-owned industries grouped in the Guyana Venezuela Corporation(CGV), as well as a shift away from producing raw materials for multinationals towards Venezuela's development needs and taking the needs of communities and the environment into consideration.