Reborn Russia As An Oligarch

Chapter 985 Reach the sky in one step

All in all, 60 billion U.S. dollars have been spent, and Wang Ye only has 140 billion U.S. dollars left in his hands.

He divided the money into three parts.

Among them, 40 billion will be used to continue investing in large infrastructure projects.

To be honest, for such a large-scale infrastructure project, US$40 billion is really not much, and it can't do much.

However, it is better to have investment than not to invest. As long as we can continue to invest funds, there will definitely be improvement.

He will use another 40 billion US dollars to invest in the automobile industry, but not in his own Russian Automobile Group, but mainly in companies such as Gorky Automobile controlled by state-owned assets.

Of course, it's not like giving tens of billions of dollars directly to these car companies, because this is equivalent to undermining their own growth. These companies themselves are not worth much money. If you give tens of billions of dollars all at once, Wang Ye is afraid that they will "suffer to death"...

The best way is to set up an automobile industry fund.

As long as it is a company in the automobile-related industry and has financial needs, it can apply.

As long as the application reason is reasonable and compliant and will help the company grow, then after passing the approval of the Economic Committee, you can get a low-interest or even interest-free loan!

In this way, the healthy development of the entire automobile industry can be promoted, and the use of funds will also cover a wide range. After several years of cultivation, the entire industry should be able to develop.

We don’t expect to be able to return to the glory days of the 1970s and 1980s, but at least the entire industry will not be wiped out. The domestic auto market sells all foreign brands...

Speaking of the automobile industry here in Damao, it actually had a glorious time.

In the 1970s and 1980s, two major brands, Volga and Lada, went global. People of the older generation should be familiar with these two brands. At that time, there were many Volga and Lada running on the streets of big cities in China. .

Especially the Lada Automobile Factory, which has nearly 200,000 workers and an annual output of nearly one million units!

You know, that was in the 1970s and 1980s of the last century, and the output was very amazing.

Unfortunately, after the disintegration of the former Soviet Union, due to lack of financial investment, Lada Automobile Company was acquired by French Renault and became a joint venture.

Now the only state-owned automobile company left is Gorky Automobile Company.

However, this car company should not be underestimated. It has two major brands: Volga and Gas.

Volga focuses on the sedan market, while Gas focuses on off-road vehicles and military vehicles.

In the minds of the older generation of Russians, the Volga should be the best car...

Of course, with the development of the times, Volga has gradually declined, and its positioning has changed from the previous mid- to high-end sedans to the current low-end sedans, and its sales volume is very average.

As for Gas, everyone knows that the leather is durable and very practical in the harsh geographical environment of Da Mao. However, the problem is that the technology has not improved much for many years, and the production process has stayed in the last century, so the competitiveness has become increasingly The worse.

Among the domestic car brands, the only one with better sales is Lada.

The price is very cheap and the maintenance cost is low, so Lada cars with square heads and square heads can be seen running on the streets of cities all over Russia.

Oh, Zhang Ke, Wang Ye’s old classmate at Friendship University, bought a Lada and rented it out.

It's a pity that this brand was acquired by Renault, otherwise, Wang Ye would still want to support it.

A new car only costs less than 10,000 US dollars. It’s hard to say whether it’s good or not, but it’s certainly not cheap!

According to Wang Ye's vision, in the future, the automobile industry will be large, with high-end brands such as Range Rover, mid-range brands such as Volvo, and mid-range and low-end brands such as Volga and Gas.

As long as these brands can do it, wouldn't it cover all grades from high to low?

Moreover, the market is large enough, so it goes without saying that Eastern Europe has traveled all over the region. This is considered a "private territory".

Through the newly established Economic Cooperation Organization, it will be easy for the cars produced by Da Mao to enter the markets of those member countries, giving them a natural advantage over their competitors.

Then we should improve relations with Asian countries, especially China. In a few years, the huge automobile market will start to take off. If we start preparations now, we can still get a share of the pie.

When Wang Ye was in Pengcheng a few days ago, he discussed with the local mayor about investing in a large vehicle production base. This is the purpose!

There is a brand and a market, and now there is huge financial support and policy support. Wang Ye can't think of any reason why the Damao automobile industry cannot develop...

…………

As for the remaining US$60 billion, Wang Ye plans to invest all of US$50 billion in the chip industry.

To be honest, this industry can only be dominated by state-owned assets, and no private funds are willing to do it.

The investment is huge, the results are very slow, and even the profit margin is not large at present...

However, this thing has strategic significance!

Once an advantage is formed, it is irreversible. Wang Ye's "previous life" experience has fully demonstrated the importance of this industry.

It’s only 2005, it’s not too late to enter the chip industry.

Because the competition in the global chip industry is still fierce, there are still many countries participating, and it has not been monopolized by one or two countries or regions.

If 50 billion U.S. dollars are thrown into it, you can still see some splashes...

In fact, there is no shortage of talents in Da Mao. Many of the top technical personnel in many high-tech companies in Europe and the United States came from Da Mao.

Why did I go to Europe and the United States? Is it because there are not enough jobs here and the income is too low?

Wang Ye has launched low-rent housing projects, encouraged large companies to expand production scale, and now has set up industrial funds to retain these talents and allow them to use their talents domestically.

…………

For the last 10 billion U.S. dollars, Wang Ye still wants to set up an industry fund, an Internet industry fund!

Internet companies, especially startups, are in great need of venture capital support!

But there is a lack of such venture capital here in Moscow.

Because it is more profitable to work in energy, finance and other industries, most of the funds have flowed into the energy market and financial market. Everyone wants to be an oligarch, and no one wants to be a "taken advantage of" like Internet venture capital.

Therefore, the entrepreneurial atmosphere in the Internet industry is not strong in Moscow.

Since private capital is unwilling to do this, state-owned capital can only take the lead...

This US$10 billion was established to encourage college students to start businesses. As long as your project is innovative enough or has technical highlights, you can get an interest-free loan!

Let you start a business without any pressure.

If you are worried about not being able to repay the interest-free loan, it is easy to say that this interest-free loan can be converted into shares of your company.

The worst result is that the business fails and the company goes bankrupt, and the loan does not need to be repaid.

Anyway, it is a purpose, to encourage young people to actively start their own businesses!

Maybe there will be a new "Google", a new "Facebook" or an "Amazon" in the future.

Even if these 10 billion US dollars are invested in supporting a successful Internet company, that would still be considered a success!

…………

At the meeting of the National Economic Council, Wang Ye formally proposed the plan to establish three major industrial funds. After a heated discussion among the members present, it was unanimously approved.

Ordinarily, a committee member should be appointed to be responsible for the operation of these three major industry funds, but Wang Ye did not do so.

He directly placed these three major industrial funds under his own office name, with Elena taking the lead.

This is more than 100 billion U.S. dollars. Wang Ye really does not dare to delegate power to a certain committee member easily...

It would be more secure to directly monitor it myself. If it were really handed over to a certain committee member, I don’t know what would happen.

If the money is spent and the results are not seen at all, you will be the one who takes the blame in the end!

Elena was called to the office by Wang Ye and gave her the task of managing the three major industry funds. Elena was frightened at that time.

Hundreds of billions of dollars, leave it to your own management...

She is only in her thirties this year, and her work experience is only with Wang Ye for a few years.

Although he worked diligently and responsibly, he became Wang Ye's trustworthy chief assistant. He was also a supervisor-level figure in the secretary's office, and he was also quite respected in the Duma Building.

But these are still very far away from more than 100 billion US dollars!

She, who had always been calm, was a little panicked. She looked at Wang Ye anxiously and said a little unconfidently: "Boss, will you leave me in charge of these three major industrial funds?"

Wang Ye smiled and nodded.

"Then...is there a dedicated working group to cooperate with my work, or is there a committee member to guide my work?" She asked again.

Wang Ye shook his head, "No, you can set up a special industrial fund office yourself and recruit people yourself or dispatch people from government departments, but they will all work with you. In other words, the main person in charge of these industrial funds is you!"

Elena finally calmed down, and she thought thoughtfully for a moment, then asked Wang Yedao: "Then...my main job in the future will be..."

Wang Ye understood what she meant and said with a smile: "The three major industrial funds have heavy responsibilities, so your next focus will be on the industrial fund office. As for the work here, you can leave it to Baco first. Wa and Nova, they should be able to handle it now."

Elena, Bakova, and Nova were the first assistants who followed Wang Ye.

The other two "babies" followed Rosiana to work for the Moscow State Government.

Bakova is also a PhD graduate in economics. She is a true elite. With the training she has received from Wang Ye in the past few years, she is completely qualified to take over Irina's job.

Elena nodded heavily, her eyes turned red and she bit her lips, and said seriously: "Don't worry, boss, I will definitely live up to your expectations."

Obviously, this is Wang Ye's trust in her.

If Irina hadn't come to work with Wang Ye by chance, she would never have had the opportunity to control such a huge sum of money and have such great power in her life!

All joking aside, the finance minister may not even have that much money at his disposal!

And all the money is in cash, and she still has control over it...

It is conceivable that from this moment on, Irina will become the "God of Wealth" in the eyes of many people and companies.

The door of her industrial fund office is crowded with people every day, and the threshold is stepped down.

With a smile on his face, Wang Ye stretched out his arm and patted Elena's thin shoulder gently to show encouragement.

It's not easy for this girl. In the past few years of working beside me, she has never asked for leave for any reason, let alone being late and absent from work.

Every day I am the first to come to the office and the last to leave.

Whenever she needed anything, she would appear in her office immediately with just a phone call.

No need to rush the work assigned to her, she will do it to the best of her ability as quickly as possible.

She seems to be almost thirty this year, but she still doesn’t have a boyfriend because she simply doesn’t have the time or energy...

"By the way, in order to facilitate your work, I will assign you a position as a member of the National Economic Council. This will make it easier for you to coordinate various government departments in the future." Wang Ye added.

Elena didn't even know how to express her feelings.

The members of the National Economic Council may not sound very impressive, but anyone who understands the powers and responsibilities of this committee will understand that the power of this committee is astonishing!

Because it can determine the economic policy of the entire country and adjust the direction of development.

Those who can serve as committee members are either important officials in the government, senior members of the Duma or close confidants of the Kremlin.

After serving on the committee for several years myself, this qualification will be very important in the future!

Whether it is developing towards the government or entering the Duma, it is easy to advance and retreat freely!

As for the office address of Elena's industrial fund office, Wang Ye also arranged it. It happened that the office building of the Economic Committee in the Kremlin Palace still had an empty floor, so it was allocated directly to Elena.

This kind of work is also very convenient. The Industrial Fund Office itself is under the Economic Committee and is one of the subordinate agencies.

…………

After coming out of Wang Ye's office, Elena still felt a little dizzy.

Although she had also thought that she might be sent by her boss to take charge of her own business in the future, because it was impossible to be an assistant all the time.

In addition, Wang Ye has said more than once that they should take advantage of the convenience of their current work to get in touch with more companies and political figures and build good connections. In the future, when they mature and mature, they will be given the opportunity to be independent.

I just didn't expect this day to come so early, and I didn't expect to get such a good opportunity.

The members of the Economic Committee hold three major industrial funds and control more than 100 billion US dollars in funds!

It’s not an exaggeration to say that you can reach the sky in one step!

Taking a deep breath to calm down her mood, Elena's eyes became firm.

Since I got such a good opportunity, I must not let my boss down. I must come up with an excellent report card and tell my boss that he did not choose the wrong person...

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