Becoming a Russian Oligarch After Rebirth
Chapter 463: Buying Half of Crimea_1

Chapter 463: Chapter 463: Buying Half of Crimea_1

"Alright, let’s cut to the chase and discuss the matter at hand. I’m on a tight schedule and hope to finalize things quickly." Wang Ye said with a slight smile.

His "ten-year, hundred-billion" investment plan was certainly not a simple one and involved a lot of things!

It mainly involved legislative measures and land issues.

For legislative measures, it encompassed various projects, for example, proposing for the whole of the Crimea Peninsula to be a ’Free Trade Zone’!

But this wasn’t a request that Wang Ye made casually, but because the Crimea Peninsula truly has the conditions and advantages to become a free trade zone.

Sevastopol is a port city, the gateway to the Black Sea, and it has an excellent deep-water port.

Russia’s Black Sea Fleet is stationed here, Wang Ye’s Wagner Security company has also set up a large base nearby, and the future warships to be purchased will be stationed at Sevastopol Port.

Among the few main cities in Crimea that Wang Ye values most are Sevastopol and Yalta!

The former is a port city with a large area and a superior location.

Although the latter city is small with a low population, it is a historic city with beautiful sceneries, and the future prospects of the tourism industry look promising!

As for the capital, Simferopol, Wang Ye is not very interested, but it can be used for some commercial real estate, and the climate in Simferopol is also great and suitable for living.

(Note: In reality, although Sevastopol is located on the Crimea Peninsula, it does not belong to Crimea’s jurisdiction. For the purpose of the plot, it has been assigned within Crimea’s jurisdiction area.)

...

In addition to promoting the free trade zone, Wang Ye also requested the Crimea council to exempt taxes for several major industries operating locally, ranging from ’tourism, gambling entertainment, catering and accommodations, construction, and commercial real estate.’

This clause clearly was a little difficult for the like of Meshkov to accept, which is why during this meeting, Meshkov diplomatically brought up the question, "If these industries are all tax-exempted, where will our future financial revenues come from?"

Wang Ye smiled slightly and confidently retorted, "You may be collecting now, but are there any companies that pay taxes?"

Meshkov was left speechless.

Because currently in Crimea, besides a few small wine enterprises and food processing factories, there are practically no commendable companies.

Although tax policies have been extensively drawn up, the problem is that there are no companies to pay taxes.

"As long as there is overall economic development here and an influx of enterprises and population, even if only personal income tax is collected, the amount will greatly exceed the current financial revenue." Wang Ye continued to explain.

Meshkov and the council speaker simultaneously nodded in agreement, understanding his logic.

"The purchase of all those lands you proposed ... isn’t it too much! If we really accept your plan and sell all that land to you, it might almost equal half of Crimea. The council and the government may not mind, but I fear that the residents might disagree." The council speaker said with a wry smile.

It seemed that in this discussion, the council speaker and Meshkov had reached a prior agreement to ’gang up’ against Wang Ye.

However, they couldn’t be blamed too severely, as Wang Ye’s dominance couldn’t be understated!

Once they were presented with the hundred-billion investment plan, those on the Crimea side had absolutely no bargaining power!

They too wished to gain more benefits. They couldn’t possibly easily surrender.

Wang Ye remained unfazed and said unflinchingly, "They don’t agree? Well, that’s simple. If the residents of any city don’t agree, then I just won’t invest there! The area occupied by the Crimea Peninsula might not be particularly large, but it isn’t that small either. Right now, I have three cities in mind – Simferopol, Yalta, Sevastopol. Whichever city agrees to my terms, that’s where I’ll invest!"

Meshkov and the council speaker were left speechless once again.

Indeed, right now Crimea was seeking investment from others, not that Wang Ye specifically needed to invest in Crimea.

As long as Mikhail stood by his terms, Meshkov and his colleagues lacked any scope to negotiate.

"Alright, then we’ll persuade the residents, but are you sure you want to lease such a large piece of land, Mr. Mikhail? There will need to be a substantial investment for future development!" Meshkov made a final "struggle".

"It’s leasing, not buying! Since I’ve leased them, of course, I’m going to invest funds for development. Otherwise, where else would I use the hundred billion US dollars stated in my plan?" Wang Ye answered with a laugh.

The reason it was leasing and not buying was because Wang Ye was not a Ukrainian, much less a Crimean.

From a legal standpoint, he did not have the right to directly buy land on the Crimea peninsula, so he could only adopt the ’leasing’ model.

However, the lease period was for ninety-nine years!

So, it’s essentially the same as buying...

...

The outcome of their negotiation was that Wang Ye was going to lease large plots of land in three cities.

Among them, he leased twenty square kilometers in Simferopol!

The total area of Simferopol is just over a hundred square kilometers.

In Yalta, he only leased ten square kilometers, all of which were located near the Livadia Palace and by the sea. Its view is absolutely fabulous.

The reason why he only leased ten square kilometers here was that Yalta city barely exceeded eighteen square kilometers.

Wang Ye had taken over more than half of it!

However in Yalta, he indeed planned to invest in many industries, for the tourism industry of the Crimea Peninsula would be heavily reliant on this city.

Surrounding the Livadia Palace Casino and Entertainment Center, he also planned to build a large-scale amusement park, shopping center, characteristic restaurants, and bars, etc.

Naturally, holiday resorts, recreation centers, seaside apartments, and villas could not be missing from his plans.

As for Sevastopol, Wang Ye was going all out, requesting a hundred square kilometers!

He didn’t plan to venture into tourism or business here. This port’s advantages should not be wasted, Wang Ye planned to build another port here.

Subsequently, he would figure out a way to shift the Black Sea Shipyard over here!

If this factory didn’t get support from the likes of Wang Ye, it wouldn’t probably last for many more years.

He might as well directly buy it, and then shift the entire factory along with the workers over here.

Of course, this shipyard would not only manufacture warships in the future, but also produce civilian vessels to generate revenue.

Apart from the Black Sea Shipyard, Ukraine had numerous "good stuff", for instance, the Madasich Engine Factory, which could be bought at a bargain and then shift the production line to Sevastopol.

Here, Wang Ye planned to establish another heavy industry zone!

Its proximity to the port facilitated export trading in the future.

Also, with the Black Sea Fleet of Russia stationed here and Wagner’s security base, there’s certainly no need to worry about safety!