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  1. $Title{Table 24.: New Construction, Selected Years, 1972-80 (in millions of United States dollars)}
  2.  
  3. _______________________________________________________________________
  4.  
  5. Construction Sector                  1972      1974      1976      1980
  6. _______________________________________________________________________
  7.  
  8. Private Construction:
  9.     Residential .................     711       959     1,380     2,460
  10.     Nonresidential
  11.         Commercial ..............      63        67        87       139
  12.         Industrial ..............      36        48        62       107
  13.         Institutional ...........       7         9        13        23
  14.         Other ...................      26        45       154       220
  15.         Farm (nonresidential) ...      23        23        30        49
  16. Utilities:
  17.     Telephone and telegraph .....       1         3         5         7
  18.     Railroad  ...................       -         -         5         8
  19.     Light and power .............       2         7         8        12
  20.     Natural gas .................       2         7         8        11
  21.     Petroleum pipelines .........     287       330         -         -
  22.     Other .......................     125       138       211       340
  23.                                     _____     _____     _____     _____
  24.  
  25.       Total Private
  26.         Construction ............   1,282     1,636     1,963     3,376
  27. Public Construction:
  28.     Residential .................     173       257       396       738
  29.     Industrial ..................     256       340       441       715
  30.     Schools and hospitals .......      63        92       123       203
  31.     Highways, roads, and streets      198       216       270       395
  32.     Sewer systems ...............      89        84       116       180
  33.     Water supply facilities .....      53        79       101       164
  34.     Other .......................     130       190       670       998
  35.                                     _____     _____     _____     _____
  36.       Total Public
  37.         Construction ............     961     1,258     2,117     3,393
  38. _______________________________________________________________________
  39.  
  40.         TOTAL ...................   2,243     2,894     4,080     6,769
  41. _______________________________________________________________________
  42.  
  43. Source: Based on information from US Department of Commerce, Venezuela: A
  44.         Survey of Business Opportunities, Washington, June 1976, p. 118.
  45.