Rebirth: Super Banking System
Chapter 1770 - 1600 Business Order (Request for Subscription!)
h4Chapter 1770: Chapter 1600 Business Order (Request for Subscription!)/h4
Immediately.
They began discussing this business n.
Hm.
Not bad.
Low interest rate, promising outlook, no need for financial subsidies, and can be paid off.
Just one point, the operational rights of the entire park won’t be handed over to them by ERV immediately, but managed on their behalf for five years, during which they only have advisory rights for the park’s operations.
Then.
Will be transferred to the South African government within two years.
So.
Over seven years.
The operations here will be under ERV, of course, only in terms of business operations. Taxation, public security, and other functional departments are entirely the affairs of the South African government; it’s impossible to hand them over to ERV.
This concerns territorial sovereignty.
How could it be.
Additionally.
There’s a series of support services for the park, requiring them to guarantee water, electricity, gas,nd, policies, taxation, etc., to attract investors from various countries.
The South African authorities also need to ensure the continuity of policies and so on.
"What do you think?" the President asked.
"Not bad."
"Quite good, just the operational rights are a bit long, seven years."
"I think so too."
A vice president shook his head and said, "I don’t think it’s long; first, we need to rify one point: in terms of business operations, especially such park operations, weck experience."
After a pause.
He continued.
"Without mature management experience, taking over recklessly might end in chaos. Besides gaining a useless business park, we’d be saddled with a dor debt."
"The risk is high."
"Therefore, I believe having ERV manage it first, while our people learn alongside them, is a great direction. From ERV’s n, we can see their goal is to ensure repayment."
"When the timees, the park will still be ours; for the development of South African industry andmerce, this is a rare opportunity, and if missed, next time we’d be the ones begging others."
After listening.
The conference room fell silent.
Thinking this way.
Seven years doesn’t seem that long.
If the results in the business n are really achieved, they’ve profited, with the impending change of the South African administration as a new president takes office next year, they also wish to leave a mark in these final stages.
"Can we do it ourselves?" a vice president asked.
Upon hearing.
Others nced at him.
Rolled their eyes.
Come on.
Do you have the money?
Do you have the experience?
Nope.
Were you daydreaming during the meeting? Still, someone took up this topic, "This park is not simply about cutting out an area and developingmerce and industry."
"We still need to attract businesses."
"Lack of experience and money is one aspect; more importantly, it’s about attraction. If this n was easily doable, someone in Africa would have done it long ago; but it’s not done now for a reason."
"ERV, a newly emerged American consortium, its reputation alone can attract much capital; without this name, executing this n in Africa would be difficult, and we’recking just this."
Doing it by ourselves.
That’s a joke.
If it were feasible, would ERV’s people be casting their everywhere confidently?
Bah!
ERV can do it.
Others.
Even the country might not do well, doing okay is one thing, doing excellently is another; without a strong ’leading figure’, does anybody think there aren’t clever people in the world who would consider doing this early on?
Like Myanmar Bank Group’s city loan.
It’s been so long.
Who learned it?
"ERV’s move, what is it for?"
"What else could it be, to make money."
ording to the n.
Once the investment attraction reaches a certain amount, the South African government will provide rewards, as well as high operational fees, yielding additional ie for ERV beyond the loan and interest profits.
"Not necessarily."
"ERV can earn this money elsewhere."
"Indeed."
"Isn’t it optimistic about the African market, investing ahead?"
"That’s certainly one aspect, but not the whole picture. Huaxia and Myanmar are increasingly active in Africa, while Europe and the United States have been rtively quiet; ERV might be the beginning of European and American forces entering Africa."
"Intervening in Africa?"
"Of course, Myanmar, a new country, made a lot of money, not all used for domestic development but heavily investing in Africa, which is logically unusual."
"Following that, leveraging product and project loans, Huaxia also earned a significant amount, northern Africa neighbors Europe, and is rtively close to the United States; previously, they considered Africa as their ’courtyard’."
"Now, as strangers break into their ’courtyard’, just watching is unlikely; at this moment, ERV emerges spectacrly, hence assigned to execute the European and American African strategy."
"To counter the intruders."
Courtyard.
It’s a euphemism for their rtionship with Africa.
Not hoping they’re well.
Nor hoping others create chaos.
The reason is simple.
It’s too close to Europe and the United States; any country’s strategy wouldn’t want strong enemies near their doorstep. South America has been bullied by the United States everywhere, and Europe treated Africa simrly back then.
Overall.
Very pragmatic.
ERV’s entry delivers a delightful signal.
"This is South Africa’s chance."
"Yes, yes."
"Let’s go through all the contents, if there’s contention, call ERV people in to discuss." The President decided.
"Okay."
"We’ll handle the park’s demolition andpensation."
"No problem."
"..."
"South African authorities must ensure stable water and electricity supply!"
"This is a bit difficult."
"It says above that a new power nt can be built, the timing is feasible, and excess electricity can be integrated into the grid."
"Pollution is high."
"There’s a filter, don’t worry."
"True."
"..."
"Companies entering the park will have a tax-free period for the first three years."
"This..."
"As long as there’s capitaling, preferential treatment is necessary; however, tax exemption should only apply tomercial activities within the park, otherwise registering here and developing real estate elsewhere vites the original intent."
"These need restrictions, we’re attracting industry andmerce, not creating a tax haven; note this down and consult with ERV."
"Yes."
"..."
Nearing noon.
They finally finished discussing that thick business n.
"Contact ERV in the afternoon."
"Yes."
They’re heading to Congo Gold, making them eager to leave some mark, this matter is wholly advantageous for them, should Congo Gold sign the contract earlier than them,
they might beughed at.
Towards Congo Gold.
They’re not very impressed, those lucky folks first gained Tang Qing’s investment, then caught a break riding Myanmar’s coattails, coupled with Waite’s iron grip, now big changes are reportedly underway.
Public security.
This has been the most reported news from that area recently.
The capital Kinshasa.
The situation is rapidly improving, and reportedly most of the prisons are filling up, thinking of this, they’re also contemting South Africa’s public security, at least the capital area needs assurance, as mentioned in the ERV n.
Public security.
Is the foundation of business order.