Rebirth: Super Banking System

Chapter 2163: Chapter 1985: Bustling

Eliminating the difficulty of landing, this matter is indeed worth a try.

Actually.

Before.

Waite was very interested in this project. Although there were no land acquisition troubles like in India, the difficulty of site selection was not much simpler than land acquisition.

-National.

-Province.

These two parties, as loan providers, are both difficult to handle.

Now.

With a new solution, Waite is naturally happy. The Myanmar Bank Group’s publicity is quite on point. He has always envied such a small city.

-Characteristic.

-Clean.

-Beautiful.

-Modern.

...

It’s all about benefits, as for the downsides... probably only too expensive. But that is understandable; good things are never cheap.

This world.

The only thing with the best value for money is probably air.

Currently.

Congo Gold’s economy is improving, largely due to Myanmar Bank Group’s efforts. People have worked hard to set this stage, they ought to support it a little.

Soon.

He summoned his subordinates.

"What do you all think?"

"Feasible."

"I think so too."

"Good."

"..."

No one opposed. If they were to pay out completely, there would definitely be a lot of controversy, but it turned into capital residency, changing its nature, turning into economic attraction.

Who would be bored enough to disagree?

"This is very nice. We were originally quite troubled. Some domestic capital isn’t proactive in investing in Congo Gold, preferring to store money abroad, causing serious outflow."

"Now."

"We can hook this part of the capital out for our use."

"Stimulate the economy."

"Build the city."

"It’s absolutely fantastic, this is a win-win outcome." A vice-president adjusted his glasses, a smile spreading across his face, growing more elated.

These words.

Also received approval from others.

"Indeed!"

"Makes sense."

"Previously there were no good projects, now there are. They should be interested." In African countries, earning money and then depositing it abroad is almost traditional.

No way.

African countries’ currencies are often worthless, depreciating frequently. Because of this, a large part of foreign exchange reserves are expended each year.

It’s quite a headache.

Impossible to prevent.

After all.

Financial liberalization is one of the standard setups for them copying Western systems. Even though some African countries restrict outflow, these are just a few.

The drawbacks are too significant.

Think about it.

Earning money here and unable to exchange it for dollars? Which foreign business would invest? Countries like Huaxia, with great allure, can maintain high reserves.

But African countries can’t afford this.

Easy to crumble.

"Agree."

"This must be here."

"..."

Thus.

Just so, Congo Gold’s leadership reached a preliminary consensus---Organize.

"What about the location?"

"It’s best to be a little closer to the capital."

"Yes."

If it’s far, we’d have to relocate the population. I think we can take a less populated area near the capital and build it as a satellite city, the location must be good."

"That’s for sure."

"..."

"I think, it’s better to let the people from Myanmar Bank Group have a look, from a business perspective, seeing how to attract more capital to achieve maximization."

"Indeed."

"Possible."

"They are the professionals."

"..."

Naturally, there were no objections. This is business, profitability must be considered. If they decide the location doesn’t generate profits, capital surely won’t come.

Everything.

Needs to adhere to Business rules and logic.

Ultimately.

The meeting concluded, Waite had a smile on his face. If this matter succeeds, his prestige will undoubtedly rise another notch, after all, it’s a city.

It’s not a factory, nor a statue.

It’s a city.

...

Mozambique.

The capital.

Also engaged in heated discussion, however, it was their second discussion. Upon seeing the news yesterday, they urgently convened a meeting.

"This matter can be done."

"It must be."

"I think we can learn from the coastal tourism district project in Delin Province, not necessarily restricting to city construction only, which can greatly stimulate the tourism industry."

Someone proposed.

However.

Immediately met with opposition, quite a bit actually.

"Forget it."

"Exactly, what are you thinking? Not even considering why Delin Province became popular. There are many intertwining factors, we lack advantages here."

"Where is it lacking?"

"Geographically, it’s situated in Southeast Asia. To the left, there’s populous India, and to the right, populous Huaxia, plus ancillary tourist spots."

"And us? We’re at the southernmost tip of Africa, far from Europe and Asia. Wouldn’t tourists rather go to Delin Province to enjoy the water, instead of coming here to see the sea?"

"Wake up."

Upon hearing.

That person wilted instantly.

Alright.

Just got carried away due to envy, and spoke in haste. Speaking of feasibility, it’s almost zero. Tourism isn’t something supported by a single spot.

Gradually.

Still returned to city building.

"Only one direction, city building."

"Need to be clear."

"The purpose of this project isn’t to attract tourists but to bring some capital back to support Mozambique’s construction, that’s fundamental."

"Well-said."

"Let’s do it."

"This is it."

"..."

Practically without obstacles, they passed the city loan to Myanmar, and like Congo Gold, they see it as a chance to gather domestic capital.

In the past.

Had money.

Immigrated.

Transferred assets, invested abroad, consumed extensively, vast capital outflow. Now given a chance to leverage domestic capital, they surely won’t miss it.

Suddenly.

Someone raised a point.

"Do you think Western capital will enter the field?"

Once.

This was a loan project.

Now.

It’s become a commercial project, with profitability, capital seeking profit is inherent.

"Impossible."

Someone immediately refuted.

"Why?"

"They’re interested in commercial projects but with two prerequisites: First, experience; second, tolerance of certain payment cycles."

"Don’t forget, Myanmar’s, isn’t completely commercialized. There’s still a part for loans, welcoming recoupment over time."

"Western capital?"

"Have that patience?"

"No."

"I don’t think they have. Isn’t earning money in the financial market enticing? Why come do such a thing? Historical experience tells us they aren’t trustworthy."

No hope was pinned on Western countries by some.

Loan?

Wishful thinking.

Every time seeking a loan.

Felt like pleading with a master, enduring looks akin to beggars, plus it, the nature of Western Congress systems, doesn’t ensure universal benevolence.

...

Just as Mozambique bustled.

Tanzania.

Nigeria.

Egypt.

Old nations.

Bangladesh.

...

A number of members of World Organization started discussing the project’s feasibility, similarly, the primary goal was mobilizing domestic capital.

Turning capital into investment.

Many countries have a large impoverished population, but the wealth of tycoons is unimaginable to the ordinary person. If harnessed, it’s undoubtedly favorable.