Becoming a Russian Oligarch After Rebirth
Chapter 1038 - 918 Enough Face_2

Chapter 1038: Chapter 918 Enough Face_2

Building the CBD Center is naturally most difficult when it comes to who pays for it, and whether there will be enough large corporations moving in once it’s completed!

Once these two issues are solved, then the rest such as land issues, demolitions, and supporting facilities are not big problems at all.

Now, Wang Ye has set out to solve the two most difficult issues directly, money and corporations!

After gaining the support of everyone in the committee, Wang Ye, in the name of the National Economic Commission, sent out a notice inviting the most capable enterprises from the list in each industry to come to a meeting to discuss the construction of the Moscow CBD.

Large enterprises such as Yukos, Russian Gas Industry, Xiao Ying Group, Siberian Coal, Siberian Gold, National Pipeline Group, and so on were certainly not missing, all within the scope of the invitation.

There were also many big companies from the financial industry, which are also wealthy players.

Honestly, Wang Ye was even worried that when the time comes, those financial tycoons would clamor to invest in the CBD, as those people aren’t fools; they know a profitable opportunity when they see one, how could they possibly pass it up!

Of course, Wang Ye had stated early on that he would set a very high threshold.

He would block out all the companies that were not strong enough and wanted to fish in troubled waters or even try to pull off a ’get-rich-quick’ scheme without any investment.

.........

The meeting with the corporate representatives had not yet been convened when the news that the Economic Committee intended to promote Moscow CBD construction had already spread. That very night, even Gavriil curiously gave Wang Ye a call to inquire about the situation.

"Misha, I heard that you proposed a plan to build the Moscow CBD today in the Economic Committee, and it aims to rival the CBD central areas of the world’s top cities? Does our Moscow already have the conditions to achieve this?"

Wang Ye smiled wryly, shook his head, and retorted, "This matter has only just been discussed, so why does it seem like everyone already knows about it. This afternoon at the Duma Building, everyone I met was probing me for information."

Gavriil quickly said, "Haha, this shows that everyone is very interested in this.

Moscow is clearly a world-class metropolis, yet it doesn’t have a proper central business district. The headquarters of major corporations are scattered throughout various parts of the city, and many corporate headquarters look unimpressive, totally not matching their true capabilities!

If you really manage to get this CBD going, it will certainly be a great achievement.

It would also showcase the economic construction of our country in recent years to the whole world, a brand-new urban appearance, a brand-new urban atmosphere."

Sure enough, in the eyes of the Kremlin, the significance behind this matter was more important than its apparent utility!

Therefore, the Kremlin would not only not obstruct it but also provide all the help it could offer to ensure that the CBD is implemented as soon as possible!

Wang Ye smiled faintly and said calmly,

"Don’t worry. I wouldn’t have proposed it at this time if I didn’t think the time was ripe to proceed with the CBD construction.

It’s just that when it comes to expropriating land later on, I’ll need the government to step in and assist."

"Rest assured! When it comes to that, I’ll go and speak with Medvedev, and I promise that any department or institution involved in the demolition will have to cooperate unconditionally!" Gavriil assured him, patting his chest.

That was all Wang Ye needed to hear!

Wang Ye felt that his proposal was "profitable" for all parties, and everyone hoped that the CBD would be a resounding success.

He couldn’t think of any reason why it couldn’t be done...

......

The enthusiasm of the corporate representatives at the subsequent business conference was even higher than Wang Ye had anticipated!

Perhaps because the news had leaked in advance, everyone had already discussed the matter internally within their companies before the meeting and had a general idea in their minds.

"Director Mikhail, your plan is truly excellent!

Our Russian Gas Industry Group will support it with all our might.

Um..., we can invest fifty billion US dollars over a period of ten years to create an iconic commercial plaza in Moscow!

Once completed, our commercial plaza should be able to rival the Rockefeller Center!"

The newly appointed President of the Russian Gas Industry Group was the first to speak out, pledging a staggering fifty billion US dollars!

And his ambition was grand, not just any building, but a commercial plaza!

He even specifically mentioned emulating the Rockefeller Center, which means Russian Gas Industry was not content with just one building, but aimed to construct several, even more than a dozen skyscrapers.

After all, the benchmark Rockefeller Center consists of a cluster of nineteen buildings...

However, Wang Ye did not doubt his claims, as Russian Gas Industry Group had the capacity to fulfill this plan, and moreover, it was staggered over a ten-year investment period—around five hundred million US dollars each year, which did not pose a significant financial pressure.

Such a large project could not be completed within just a year or two; it involved multiple phases and had a considerably long construction period.

Funding, naturally, would not be invested all at once; the key was to ensure a continuous flow of capital.

And for a resource-selling behemoth like Russian Gas Industry Group, perhaps what they had in abundance was money...

Worries about funding were completely unfounded!

......

Seeing Russian Gas Industry Group take the initiative, other large enterprises did not want to be left behind and hurriedly took the stage to express their commitment.

The Yukos Group representative stated they would allocate fifty billion US dollars for a large-scale, iconic group of buildings, each distinguished by its unique artistic beauty, creating an unforgettable visual impact.

Once completed, it would undoubtedly be Moscow’s most dazzling urban skyline!

Clearly, they were gearing up to compete with Russian Gas Industry Group.

After all, one was an oil industry giant, the other was a giant in the natural gas industry, both near-monopolistic enterprises of colossal scale, with staggering profits, and neither short on cash!

Both had close ties with Wang Ye, and now that Wang Ye was championing a profitable project, both companies naturally spent lavishly, as if money was no object.

The participation of these two giants indeed drove the atmosphere at the scene.

An investment of fifty billion US dollars from each company was a clear indication of their confidence in the CBD project, willing to pour so much money into it.

With their leadership, other companies also shed their cautious approach.

Khodorkovsky was not present; however, the CEO of his bank was there, pledging to invest three billion US dollars in constructing two interconnected headquarters buildings.

A Bu did not attend personally either, but his special assistant indicated that the Aluminium Group and Aviation Group would jointly invest forty billion US dollars to create a commercial plaza.

Siberian Gold ten billion US dollars, Siberian Coal ten billion US dollars, National Pipeline Group twenty billion US dollars, National Investment Bank ten billion US dollars, United Aviation Group five hundred million US dollars, Facebook Technology five hundred million US dollars, YANDEX@MAIL.RU five hundred million US dollars, Xiao Ying Group ten billion US dollars, New Sun Group ten billion US dollars...

Almost every enterprise present expressed their eagerness to participate, each committing as much funding as possible.

Clearly, the CBD vision outlined by Wang Ye had truly inspired everyone.

He also subtly suggested that enterprises investing in the first phase of CBD development would receive corresponding land compensation in the second phase, allowing them to develop high-end residential properties and the like.

Just from the expressions of commitment at the scene, there were as many as sixteen enterprises, with a total intended investment of two hundred and eighty billion US dollars!

Such an amount of capital, all to be poured into that one square kilometer area designated by Wang Ye...

To utilize the shortest amount of time and the maximum funds to create an ultra-modern, top-tier, world-class CBD!

The only regret was that all of the participants were "local enterprises," with no foreign investment.

This lacked international flavor...

But no matter, once this CBD project truly took off, international companies entering Russia to do business would likely choose to settle within the CBD Area.

The CBD Center wasn’t just being constructed for Russian enterprises; Wang Ye had initially planned to "plant the parasite tree to attract the phoenix."

To attract foreign corporate investments, the software and hardware both needed to be well-prepared.

On the software side, this meant friendly investment policies and a stable, open investment environment.

And on the hardware side, a bustling commercial area and top-notch office buildings were indispensable...