Chapter 1237: Building Infrastructure

Sending Chen Qing away, Simon had just returned to his office when girl A sent a document.

Regarding the technical cooperation agreement signed today between the AOL team in New York and the China Telecom delegation, this is a continuation of the overall investment plan announced in Hong Kong last Wednesday.

In the previous core agreement, with an investment of US$3 billion, AOL, Quantum Fund and the Hong Kong consortium obtained a total of 17 shares in China Telecom, which was spun off again. Home, only 5 each.

Frankly speaking, different from the mobile communication assets that were in the last IPO operation, since the very core fixed-line telephone business will be injected this time, and the popular Internet broadband will also be developed, the three parties can be said to have obtained a considerable discount. It is not impossible to carry out a public IPO operation, 17 shares, and double the valuation.

Of course, this was an exchange, and neither party suffered a loss.

It can even be said that by keeping Hong Kong this time, China has actually gained more, not just economically.

Simon skimmed through the document briefly, but didn't comment on it. He put it aside and checked the stock price of America Online on the computer next to him.

Since last Wednesday, it has risen sharply for four consecutive trading days. Counting the 2.1 single-day increase on the east coast that has closed today, the market value of AOL has risen by more than 10 in recent days, and the market value has returned to more than 200 billion US dollars, reaching 2149 One hundred million U.S. dollars.

This is the dividend brought by investing in China Telecom.

I browsed some files again, and at 1:30 in the afternoon, girl A came to remind me that everyone in Ukraine was already online.

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

Something about the Rivne region.

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

Of course, not everyone bucks the trend.

Soros invested part of the capital recently withdrawn from Russia into Rivni, and more than 70 million US dollars have been received so far. This is also an important topic of this video conference.

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

Not only that, taking advantage of the inevitable economic crisis in Western Europe and another opportunity for industrial transfer, Simon plans to go a step further and build Rivni and even the entire Rivno State into a light industry center and foundry center in Eastern Europe. After all, the economy is not good, and everyone will only move factories further to lower-cost areas.

If ever in history, the core of this great shift is China.

Now, Rivne State, which is fully operated by the Westeros system, can get a good piece of cake from it. Of course, it cannot compare with the size of China, but it is enough to support a city or even a state.

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

This is the premise.

Otherwise, the area would be like many other parts of Eastern Europe.

In fact, with the economic changes arising from the Asian financial turmoil, Eastern Europe, which had just gotten rid of the Soviet Union not long ago and was in an underestimated economy with very low costs in all aspects, should have been the best target for industrial transfer in Western Europe.

It's a pity that Eastern Europe is too disappointing.

One of the most critical issues is the harsh business environment. Others go to your country to do business, not to mention other things, even the most basic personal safety cannot be guaranteed, and they may be directly shot in the head by a gunman who appears from nowhere at any time.

In comparison, the Rivne State, which has been strongly controlled by the Westeros system in recent years, is almost an outlier in Eastern Europe.

Not only is the government well-organized and the business environment is harmonious, but even the underworld in this area belongs to the Westeros system.

From top to bottom, from black to white, everyone worked together, which naturally attracted the attention of all parties. In addition, Rivni successfully became the first duty-free free trade zone in Ukraine this year. The Westeros system In addition to many enterprises, many other well-known international brands from all over the world, such as IKEA, Zara, etc., have also established their own factories in the Rivne area.

On the projection screen in the small meeting room, the Governor of Rivne Region Andrei Smirnov, the head of Ordek Company Sergei Komorov, the President of UF Kerim Derevyanko, etc. The core of the Rovno faction and Celia Miller, who happened to be in Ukraine recently, were present at the meeting.

The time over there should be late at night, but again, everyone can only adapt to Simon's time.

Not too 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 turmoil.

It can basically be judged that after this financial turmoil spreads to the whole world, the already sluggish Ukrainian economy will fall into a deeper trough again. The impact on the Rivne region is inevitable, but, with Westeros as its back The towering tree of the system has limited influence.

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

The question is how to deal with it.

Simon didn't hesitate too much about this, and he came at his fingertips.

engage in infrastructure

!

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

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

The answer is always one, infrastructure.

Of course, Simon is not slapping his head. Large-scale infrastructure construction is not only a cure for the economic downturn. At the same time, it is also a very urgent matter for Rivne State itself.

Like energy.

Although it has been increasing in recent years, the Rivne area is still in a situation of frequent power cuts for residents in order to ensure the energy supply of enterprises because of the power shortage caused by the large number of factories. Therefore, if the Rivne region wants to go further, it must solve the problem of power supply.

In addition to electricity, oil, gas, etc., due to the continuous increase in regional demand, the relevant infrastructure also needs to be greatly improved.

Plus, there's traffic.

Not to mention the road network, the foundation left by the former Soviet Union is not bad. This time, the focus will be on both railways and aviation, while focusing on the railway network from Rivne to Western Europe. Not to mention after the disintegration of the Soviet Union, even in the years before the disintegration of the Soviet Union, due to the economic downturn, the railway network from Ukraine to Western Europe can only be described as being in disrepair.

If you want to turn the Rivne region into a light industry center and foundry center in Eastern Europe, you must first ensure that the materials produced in this area can be shipped out.

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

In the following two-hour meeting, everyone mainly discussed these.

Now that the foundation has been laid, there is no need to be as cautious as before. This time, the investment of the Westeros system in the Rivne region will reach the level of 1 billion U.S. dollars. With the assistance of the Sterow system, government infrastructure bonds are issued.

These two measures, in addition to further improving the hardware environment in the Rivne area, on the other hand, will still strengthen the control of the Westeros system over this area.

Like the grid.

Ukraine's power grid is still mainly state-run, but in the past two years, the Rivne region, resulting in the continuous operation of the Westeros system, has opened a gap. Next, the comprehensive power grid transformation and takeover of Rivne and the surrounding states is basically equivalent to the expansion of the Westeros system's influence from Rivne to the entire Xiwu region.

The same holds true for state government bonds.