Becoming a Russian Oligarch After Rebirth
Chapter 371: Big Investment, Big Risk, Big Returns_1

Chapter 371: Chapter 371: Big Investment, Big Risk, Big Returns_1

The Crimea Peninsula only covers an area of twenty-six thousand square kilometers, with a population less than two million!

The largest city, the capital of Crimea, Simferopol, just has over three hundred thousand people...

Has this place ever seen ten billion US dollars before?

Not to exaggerate, but if one really had this much money, distribute it evenly among everyone on the peninsula, each person would get five thousand dollars.

If calculated as a family of four, they could get twenty thousand dollars, everyone would be pretty "rich" then!

Honestly, at least ninety-nine percent of the families on the island can’t take out twenty thousand dollars...

Thus it can be seen how shocking Angelina’s "ten billion dollars in ten years" mega-investment proposal is!

The speaker’s voice trembled a bit as he foolishly asked Angelina, "What...what project needs so much money for investment?"

No wonder, as he wouldn’t be able to think of anything on the Crimea Peninsula in need of such huge an investment no matter how hard he racked his brain!

Even if one were to buy Simferopol and Yalta, the two largest cities, it probably wouldn’t need ten billion dollars, right...?

The originally quiet and solemn council hall now resembled a messy marketplace.

Many members of parliament couldn’t care less about etiquette, they eagerly rushed to ask Angelina all kinds of questions.

"Is there really going to be an investment of ten billion dollars? Is it going to be invested in Simferopol or Yalta?"

"Isn’t that obvious! Councilwoman Angelina is from the Yalta district, she is the initiator of this investment, it certainly will be invested in Yalta. Honestly, Yalta is much better than Simferopol, the environment is better, it boasts more places of interest and is more popular overseas."

"Nonsense! Don’t keep immersing yourself in past glories! Now the richest city with the highest investment value on the Crimea Peninsula is definitely Simferopol. What is left in Yalta? It makes no sense to invest there."

"Huh, the population in Yalta is not large now, but attracting talents is easy once investment is in place. Also, how many people are in Simferopol and how many are real talents? I dare say that once the ten billion dollars are invested, Yalta will immediately become the jewel of Crimea... No, the whole of Eastern Europe! It will attract top-notch talents including from Russia and Ukraine, and will easily surpass Simferopol."

...

Obviously, due to this large investment, parliament members have been divided into two factions based on geographical interests, namely the "Simferopol faction" and the "Yalta faction".

Everyone hopes that this investment will be implemented in their city.

This is quite normal because parliament members are elected from various cities, representing the interests of their respective constituencies.

If they can attract such a "jaw-dropping" investment to the city they represent, they can proudly tell all voters without a doubt that they have lived up to their votes!

Moreover, as their city grows and develops, their status and influence in the parliament will rise with the tide...

The focus of everyone’s debate is on Simferopol and Yalta because other cities simply lack the competition when compared to these two.

These two cities are already the largest two on the Crimea Peninsula.

Comparatively, Simferopol is ahead in terms of population, area, and cake of university talents, but the lead is not significant.

Yalta leads in areas such as climate, historical significance, and popularity. These lead areas are quite large!

Listening to chaotic arguing, Angelina stood there a bit helplessly, she had never been in such a situation before.

At the crucial moment, the speaker came forward and subdued the crowd.

He raised the gavel he was holding and knocked it several times vigorously, shouting, "Quiet! Everyone stay quiet! Let’s wait to discuss until after we’ve heard Councilwoman Angelina’s proposal. Talking about these things now has no meaning. This type of large-scale investment of tens of billions of dollars must have gone through careful market research and already determined the target location."

His words were not without meaning.

This is an investment of tens of billions of dollars. It must have included marketing research for who knows how long. They surely have already determined what and where to invest.

They only present the investment plan after considering everything. So indeed, everyone’s discussions here are meaningless.

The noise in the council hall slowly quiets down.

The speaker, with an encouraging smile on his face, said to Angelina, "Please continue. Everyone is listening."

Angelina then gathered her words and continued, "This investment plan aims to market the Crimea Peninsula as a world-renowned tourist spot! Therefore, the investment will be distributed in several areas, both Yalta and Simferopol will be the key investment areas. Xiao Ying Group will sequentially build comprehensive sightseeing areas in these two cities, build 5-star hotels, large luxury shopping centers, and matching entertainment facilities. Also, it will create a high-end residential area, villas, and develop commercial real estate..."

She talked nonstop for quite a while, explaining Wang Ye’s investment plan to all members of the parliament.

The crux of this plan is twofold: tourism and commercial real estate!

Leverage on Crimea’s natural scenery to create a benchmark tourist spot, investing a massive amount of money.

Once a reputation is established and the number of tourists increases, it will cause a steep rise in the land price in both Yalta and Simferopol!

Situations where you can buy a luxury apartment of over 500 square meters in downtown Simferopol for less than $500,000 will become history...

At the same time, Xiao Ying Group will cash in on the commercial real estate that they will develop, i.e., high-end residential areas and villa areas!

In simple terms, Xiao Ying Group is paying for the initial investment and propaganda in the Crimea Peninsula. But in return, they want to take away the best land locations.

Once land and housing prices skyrocket, Xiao Ying Group can reap substantial returns!

This strategy is a win-win situation.

As original residents of the Crimea Peninsula will gain access to more jobs, higher salaries, and even their old houses will increase in value...

Certainly, if you were to say who gains more, it would definitely be the Xiao Ying Group.

They will hold the most commercially valuable land in the entire Crimea Peninsula in their hands!

But likewise, Xiao Ying Group also needs to invest a massive amount of money upfront, which comes with huge risk...

Now, Angelina presents this proposal to the council to seek everyone’s willingness to accept this mutually beneficial plan!