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Chapter 1237 Doing Infrastructure

After seeing off Chen Qing, Simon just returned to her office, and Girl A sent a document.

Regarding the new York American Online team just signed a technical cooperation agreement with the delegation of China Telecom today, which is a continuation of the overall investment plan announced in Hong Kong last Wednesday.

In the previous core agreement, US$3 billion investment, US Online, Quantum Fund and Hong Kong consortium, received a total of 17% of China Telecom's shares that were divested again. Among them, US Online invested 7% with US$1 billion in cash and technology, and the other two companies only had 5% each.

To be honest, unlike the mobile communication assets that conducted an IPO last time, since this time it will inject a very core landline business and will also develop popular network broadband, the three parties can be said to have received a considerable discount. If a public IPO is carried out, it is not impossible to double the valuation of 17% of the shares.

Of course, it was just an exchange, and no parties suffered any losses.

It can even be said that this time, China has actually gained more, far more than just the economic level.

Simon roughly browsed the document, but did not comment, so he put it aside, but checked the stock price of American Online on the computer next to him.

Since last Wednesday, it has risen sharply for four consecutive trading days. Including the 2.1% increase in the single-day closing of the East Coast today, the US Online market value has increased by more than 10% in recent days, and its market value has returned to more than US$200 billion, reaching US$214.9 billion.

This is the dividend brought by investing in China Telecom.

I browsed some documents again. At 1:30 pm, Girl A came over to remind me that everyone in Ukraine was already online.

Simon turned to the small conference room next door and started another video conference today.

Something about Rovno State.

The impact of the Asian financial crisis has begun to spread. Although the Westeros system is led by Ukraine, capital from Western Europe, Asia and North America has subconsciously begun to shrink its front line, which inevitably leads to a significant reduction in investment in Rovno State, and will definitely be reduced in the future.

Of course, it’s not that no one is going against the trend.

Soros invested part of the capital withdrawn from Russia recently to Rivni, and has received more than US$70 million, which is also an important issue in this video conference.

In addition, the Westeros system will definitely not let go of Ukraine, to be precise, the Rovno Oblast.

Not only that, taking advantage of the opportunity of the Western European economy that inevitably encountered another industrial transfer due to the economic crisis, Simon plans to go further and build Rivni and the entire Rovno Prefecture into an Eastern European light industrial center and OEM center. After all, the economy is not good, and everyone will only move the factory to a lower-cost area.

If it was in history, the core of this major transfer was China.

Now, Rovno Prefecture, which is fully managed by Westeros, can get a good piece of cake from it. Of course, it cannot be compared with China's size, but it is enough to support a city or even a prefecture.

To do this, Simon must ensure absolute control over the Rovno State.

This is the premise.

Otherwise, that area would only be the same as many other areas in Eastern Europe.

In fact, with this economic change derived from the Asian financial crisis, not long after getting rid of the Soviet Union, the economy is in Eastern Europe, where all costs are very low, should have been the best goal for industrial transfer in Western Europe.

Unfortunately, Eastern Europe is really too unscrupulous.

One of the most critical issues is the harsh business environment. Others go to your country to do business, not to mention anything else, and even the most basic personal safety cannot be guaranteed. They may be shot directly by gunmen who come out of nowhere at any time. This is a bit of a yarn.

In comparison, Rovno Oblast, which has been controlled by the Westeros system in recent years as strongly as if it were almost cedeed and independent, is completely an alien in Eastern Europe.

Not only is the business environment that is politically connected and harmonious, but even the underworld in this area is owned by the Westeros system.

From top to bottom, from black to white, everyone worked together, which naturally attracted the attention of all parties. In addition to this year, Rivni successfully became Ukraine's first duty-free free trade zone. In addition to many companies in the Westeros system, many other internationally renowned brands around the world, IKEA, ZARA, etc., have also established their own factories in the Rovno area.

On the projection screen of the small conference room, the Governor of Rovno Prefecture Andrei Smirnov, the head of Oldek Company Sergei Komorov, UFMS President Krem Dereviyanko and other core members of the Rovno Gang, as well as Celia Miller, who happened to be in Ukraine, attended the meeting.

The time there should be late at night, but as the same thing, everyone can only adapt to Simon's time.

There isn't much nonsense.

After a brief greeting, everyone started the topic of this video conference.

The core is how to face the impact of this financial crisis.

It can be basically judged that after this financial crisis hit the world, the already very sluggish Ukrainian economy will fall to a deeper trough again. The impact of Rovno Oblast is inevitable, but the towering tree of the Westeros system is also limited.

It happened to be an opportunity for the Westeros system and its affiliated Rovno Gang to further consolidate its strength in this area.

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The question is how to deal with it.

Simon didn't hesitate too much about this and he could do it at will.

Do infrastructure!

How did the United States get out of the Great Depression?

Also, how did China regain its growth vitality at previous economic turning points?

The answer is all, infrastructure.

Of course, Simon is not a fool. Large-scale infrastructure construction is not just a good recipe for solving the economic downturn. At the same time, this is also a very urgent matter for the Rovno State itself.

For example, energy.

Although it has been increasing its investment in recent years, due to the invasion of a large number of factories, the Rovno region is still in a situation where residents often shut down power to ensure the energy supply of enterprises. Therefore, if the Rovno region wants to go further, it must solve the power supply problem.

In addition to electricity, oil, gas and other aspects, due to the continued increase in regional demand, related infrastructure also needs to be greatly renovated.

In addition, there is transportation.

Not to mention the highway network, the foundation left by the former Soviet Union is pretty good. This time the focus will be on railways and aviation, and at the same time it focuses on the railway network from Rovno to Western Europe. Not to mention after the collapse of the Soviet Union, even in the years before the collapse of the Soviet Union, due to the economic downturn, the railway network from Ukraine to Western Europe can only be described as disrepair.

If you want to build the Rovno region into a light industrial center and OEM center in Eastern Europe, you must first ensure that the materials produced in this area can be transported out.

The cost of aviation is too high and the capacity of roads is too small, so it is inevitable to update the railway network.

In the next two-hour meeting, these are the main discussions.

Since the foundation has been established, it is not necessary to be as cautious as before. This time, the investment in the Westeros system in the Rovno region will reach the level of 1 billion US dollars. At the same time, the Rovno State Government will also issue government infrastructure bonds with the assistance of the Westeros system.

In addition to further improving the hardware environment in the Rovno region, these two measures will also strengthen the control of the Westeros system in this area.

Just like a power grid.

Ukraine's power grid is still mainly state-owned, but in the past two years, the continuous operation of the Westeros system has opened up a gap. Next, the comprehensive power grid transformation and takeover of the Westeros system in Rovno and even the surrounding states is basically equivalent to the expansion of its own influence from Rovno to the entire Westeros region.
Chapter completed!
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