Hugo Chavez wants foreign investors to come with their money because there will be no expropriation:
Speaking at a Cabinet meeting, Chavez made light of nationalization concerns, urging businesses not to fear him.
"Come and invest! Don't believe the fairy tale that we're going to expropriate you," he said in comments on state TV.
Once upon a time, there was a president who nationalized quite a few industries, doing so publicly and proudly. That is the fairy tale, which also happens to be true. In fact, it has been a core part of the "revolution." Companies deemed to be working against the state for whatever reason--not producing housing quickly enough, for example, are taken over. Here is a lenthy list of companies he took over. The government itself noted that in 2009 it had nationalized 131 companies. When he nationalized some supermarkets, he made the point that he had a plan.
“This isn’t Chavez going around expropriating any old way, as the bourgeoisie says. There’s a plan here, a strategy, a policy,” he said."
Chavez has given countless speeches on the topic, so it's unclear who he thinks he's going to convince.