Chapter 985 Reaching the sky in one step
The miscellaneous things add up, 60 billion dollars have been sold out, and Wang Ye only has 140 billion dollars left in his hand.
He divided the money into three parts.
Among them, 40 billion will continue to invest in large infrastructure projects.
To be honest, for such a large-scale infrastructure project, 40 billion US dollars is really not much, and not much can be done.
However, it is better to have investment than to have no investment. As long as we can persist in continuous capital investment, there will definitely be improvements.
Take out another 40 billion dollars to invest in the automobile industry, but not to invest in his own Russian Automobile Group, but mainly consider companies such as Gorky Automobile, which is controlled by the state-owned assets.
Of course, it is not directly giving tens of billions to these car companies, because this is tantamount to counterproductive, these companies themselves are not worth a few dollars, and if you give tens of billions of dollars at once, Wang Ye is afraid that they will "suffer"...
The best way is to set up an automobile industry fund.
As long as companies in the automotive-related industry have capital needs, they can come and apply.
As long as the reason for the application is reasonable and compliant, and it is conducive to the growth of the enterprise, 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 coverage of capital use will be very wide. After several years of cultivation, the entire industry should be able to develop.
I don't expect to return to the glory 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 was actually once brilliant.
In the 1970s and 1980s, the two major brands of Volga and Lada went to the world. 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, where there were nearly 200,000 workers and an annual output of nearly one million units!
You know, it was the 1970s and 1980s, and the output was amazing.
Unfortunately, after the disintegration of the former Soviet Union, due to lack of capital investment, Lada Motor Company was acquired by Renault of France and turned into a joint venture.
Now the only car company under the state-owned assets is Gorky Motor Company.
However, this car company should not be underestimated. It has two major brands, Volga and GAZ.
Volga focuses on the sedan market, while GAZ focuses on off-road vehicles and military vehicles.
In the eyes of the older generation of Russians, the Volga should be the best car...
Of course, with the development of the times, the Volga has gradually fallen into decline, and its positioning has changed from the previous mid-to-high-end sedan to the current low-end sedan, and its sales volume is very average.
As for GAZ, everyone knows that this car is durable and practical in the relatively harsh geographical environment of Damao, but the problem is that the technology has not improved for many years, and the production process has also stayed in the last century, so the competitiveness is becoming more and more. worse.
Damao's domestic car brand, the only one with better sales is Lada.
The price is very cheap, and the maintenance cost is low, so you can see square-headed Lada cars running on the streets of large and small cities across 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 like to support it.
New cars only cost less than US$10,000. It's hard to say whether the quality is good or not, but the price is definitely not enough!
According to Wang Ye's vision, in the future, Da Mao's automobile industry will include Range Rover as a high-end brand, Volvo as a mid-range brand, and Volga and GAZ as a low-end brand.
As long as these brands can do it, it will cover all grades from high to low.
And the market is big enough, so it goes without saying that Eastern Europe has traveled all over the region. This is considered "private land".
Through the new economic cooperation organization led by this time, the cars produced by Damao can easily enter the markets of those member countries, and have a natural advantage over competitors.
Then build good relations with Asian countries, especially China. In a few years, the huge auto market will start to start. If you start preparing now, you can 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, and that was the purpose!
There are brands and markets, and now there are huge financial support, coupled with policy support, Wang Ye can't think of any reason why the Damao automobile industry cannot develop...
As for the remaining 60 billion U.S. dollars, of which 50 billion U.S. dollars, Wang Ye intends to invest all in the chip industry.
To tell the truth, this industry can only be dominated by state-owned assets, and no private funds are willing to do it.
The investment is huge, the effect is extremely slow, and even the profit margin is not big at present...
However, this thing has strategic significance!
Once an advantage is formed, it is irreversible. The experience of Wang Ye's "previous life" has fully demonstrated the importance of this industry.
It is only 2005, and it is 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 yet been monopolized by one or two countries and regions.
50 billion U.S. dollars are thrown in, and you can still see some splashes...
In fact, there is no shortage of talents here in Da Mao. Many of the top technicians in many high-tech companies in Europe and the United States have many veterans who ran over from Da Mao.
Why did they go to Europe and the United States? Isn't it because there are not enough jobs here in Damao, and the income is too low.
Wang Ye engages in low-rent housing projects, encourages large enterprises to expand their production scale, and now sets up industrial funds. The purpose is to retain these talents and let them display their talents in the country.
For the last ten billion dollars, Wang Ye still wants to set up an industry fund, an Internet industry fund!
Internet companies, especially start-up companies, need the support of venture capital funds very much!
But there is a lack of such VCs here in Moscow.
Because it is more profitable to do energy, finance and other industries, most of the funds flow into the energy market and financial market. Everyone wants to be an oligarch, and no one wants to be a "taken advantage" like Internet venture capital.
So in Moscow, the entrepreneurial atmosphere in the Internet industry is not strong.
Since private capital is unwilling to do it, it can only be dominated by state-owned capital...
This tens of billions of dollars is set up to encourage those college students to start their own businesses. As long as your project is innovative enough or has a bright spot in technology, you can get an interest-free loan!
Let you start a business without pressure.
If you are worried that the interest-free loan will not be repaid, then it is easy to say that this interest-free loan can be converted into shares of your company.
The worst outcome is nothing more than failure to start a business, and the company goes bankrupt, so the loan will naturally not have to be repaid.
Anyway, it is a purpose to encourage young people to start their own businesses!
Maybe a new “Google”, a new “Facebook” or “Amazon” will emerge in the future.
Even if the investment of tens of billions of dollars can support a successful Internet company, it is considered a success!
At the meeting of the National Economic Commission, Wang Ye formally proposed the plan to establish the three major industry funds, which was unanimously approved after heated discussions among the participating committee members.
Ordinarily, a committee member should be appointed to be responsible for the operation of the three major industrial funds, but Wang Ye did not do so.
He directly put these three major industry funds under his own office name, with Elena taking the lead.
This is more than 100 billion US dollars, Wang Ye really dare not delegate power to a certain committee member easily...
It's more reassuring to monitor directly by yourself. If it is really handed over to a certain committee member, I don't know what will happen.
If the money is spent, but the result is not seen at all, the person who will be blamed in the end will be yourself!
Irina was called to the office by Wang Ye, and she was given the task of managing the three major industry funds, which frightened Yirina at the time.
Hundreds of billions of dollars, leave it to yourself to manage...
She is only in her thirties this year, and her work experience is only with Wang Ye for the past few years.
Although he is dedicated to his work, he has become Wang Ye's trusted chief assistant. He is also a supervisor-level figure in the secretary's office, and he is also quite respected in the Duma Building.
But these are still very far away from more than 100 billion US dollars!
She, who has always been calm, was a little flustered. She looked at Wang Ye anxiously, and said a little unconfidently, "Boss, are these three major industrial funds entrusted to me?"
Wang Ye smiled and nodded.
"Then... is there a full-time working group to cooperate with my work, or a certain 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, recruit yourself or dispatch personnel from government departments, but they all work with you, which means that the main person in charge of these industrial funds is you!"
Irina finally calmed down. She pondered for a while, and then asked Wang Ye: "Then...my main work in the future is to..."
Wang Ye understood what she meant, and said with a smile: "The three major industrial funds have great responsibilities, so the focus of your work will be on the industrial fund office. As for the work here, you can hand it over to Ba Ke first." Baby and Nova, the two of them should be able to handle it now."
Elena, Bakova, and Nova, these three are the earliest assistants who followed Wang Ye.
The other two "children" followed Rosiana to work in the Moscow State Government.
Bakova is also a Ph.D. graduate in economics, a true elite, and with the training she has been with Wang Ye in the past few years, she is completely ready to take over Elena's job.
Irina nodded heavily, her eyes were reddish, she bit her lips lightly, and said seriously: "Please rest assured, boss, I will definitely not disappoint your expectations."
Obviously, this is Wang Ye's trust in her.
If Yi Lianna came to work beside Wang Ye by chance, then she would never have the opportunity to control such a huge sum of money and have such great power in her life!
No joke, maybe the Minister of Finance does not have so much funds in his hands!
And the money is all cash, and she still holds the power to control...
It is conceivable that from this moment on, Elena will become the "God of Wealth" in the eyes of many people and many companies.
Her industrial fund office is crowded with people every day, and the threshold will be stepped down.
With a smile on his face, Wang Ye stretched out his arm and patted Yi Lianna's thin shoulder lightly as a sign of encouragement.
It's not easy for this girl. In the past few years of working by her side, she has never asked for leave for any reason, let alone being late or absent from work.
Every day, I am the first to come to the office and the last to leave.
No matter when, as long as I have any needs, she only needs a phone call, and she will show up in my office immediately.
The work assigned to her does not need to be urged, and she will do it as quickly as possible.
She seems to be almost thirty years old this year, but she still doesn't have a boyfriend, because she doesn't have the time and energy at all...
"By the way, in order to facilitate your work, let me arrange a member position in the National Economic Commission for you, so that it will be convenient for you to coordinate various government departments in the future." Wang Ye added.
Elena didn't know how to express her feelings.
The members of the National Economic Council may not sound very eye-catching, 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 enter to serve as committee members are either important government officials, senior members of the Duma or confidantes of the Kremlin.
After I have been a member of the committee for several years, 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, and it is a breeze!
As for the office address of Irina's industrial fund office, Wang Ye has also arranged it. It just so happens that the office building of the Economic Committee in the Kremlin Palace still has a vacant floor, so it is allocated to Irina directly.
It is also very convenient to work like this. The Industrial Fund Office itself is hung under the Economic Committee, and it is probably one of the subordinate organizations.
After coming out of Wang Ye's office, Elena still felt a little dizzy.
Although she also thought that she might be sent out by her boss to take charge of her own work in the future, because it is impossible to be an assistant all the time.
In addition, Wang Ye has said more than once, let them take advantage of the convenience of their current jobs, get in touch with more companies and politicians, and make good connections. When they mature in the future, 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.
A member of the Economic Committee holds three major industry funds and controls more than 100 billion US dollars in funds!
It is not an exaggeration to say that it has reached the sky in one step!
Taking a deep breath and calming down his emotions, Elena's eyes became firm.
Since I got such a good opportunity, I must never disappoint the boss. I must show an excellent report card and tell the boss that he did not choose the wrong person...
(end of this chapter)
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