All things considered, 60 billion U.S. dollars have been spent, and Wang Ye only has 140 billion U.S. dollars left in his hands.

He divided the money into three parts.

Among them, 40 billion will be used to continue investing in large infrastructure projects.

To be honest, for such a large-scale infrastructure project, US$40 billion is really not much, and it can't do much.

However, it is better to have investment than not to invest. As long as you can insist on continuous capital investment, there will definitely be improvement.

He will spend another 40 billion US dollars to invest in the automobile industry, but not in his own Russian Automobile Group, but mainly in companies such as Gorky Automobile, which is controlled by state-owned assets.

Of course, it's not like giving tens of billions of dollars directly to these car companies, because this is tantamount to counterproductive. These companies themselves are not worth a lot of money. If you give tens of billions of dollars all at once, Wang Ye is afraid that they will "suffer to death"...

The best way is to set up an automobile industry fund.

As long as it is a company in the automobile-related industry and has financial needs, it can come and apply.

As long as the application reason is reasonable and compliant and will help the company grow, then 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 use of funds will also cover a wide range. After several years of cultivation, the entire industry should be able to develop.

We don’t expect to be able to return to the glory days 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 actually had a glorious time.

In the 1970s and 1980s, two major brands, Volga and Lada, went global. 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, which has nearly 200,000 workers and an annual output of nearly one million units!

You know, this was in the 1970s and 1980s of the last century, and this output was very amazing.

Unfortunately, after the disintegration of the former Soviet Union, due to lack of capital investment, Lada Automobile Company was acquired by French Renault and became a joint venture.

Now the only state-owned automobile company left is Gorky Automobile Company.

However, this car company should not be underestimated. It owns two major brands: Volga and Gas.

Volga focuses on the sedan market, while Gas focuses on off-road vehicles and military vehicles.

In the minds of the older generation of Russians, Volga should be the best car...

Of course, with the development of the times, the Volga has gradually declined, and its positioning has changed from the previous mid- to high-end sedans to the current low-end sedans, and its sales volume is very average.

As for Gas, everyone knows that the leather is durable and very practical in the harsh geographical environment of Da Mao. However, the problem is that the technology has not improved much for many years, and the production process has stayed in the last century, so the competitiveness has become increasingly

The worse.

Among the domestic car brands, the only one with better sales is Lada.

The price is very cheap and the maintenance cost is low, so you can see Lada cars with square heads and square heads running on the streets of cities all over 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 still want to support it.

A new car only costs less than 10,000 US dollars. It’s hard to say whether it’s good-looking or not, but it’s certainly not cheap!

According to Wang Ye's vision, in the future, the automotive industry will have high-end brands such as Range Rover, mid-range brands such as Volvo, and mid-range and low-end brands such as Volga and Gas.

As long as these brands can do it, wouldn't they cover all grades from high to low?

Moreover, the market is large enough, and it goes without saying that Eastern Europe has traveled all over the region. This is considered a "private territory".

Through the newly established Economic Cooperation Organization, the cars produced by DaMao can easily enter the markets of those member countries, giving them a natural advantage over their competitors.

Then we should improve relations with Asian countries, especially China. In a few years, the huge automobile market will start to take off. If we start preparations now, we can still 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-scale vehicle production base. This is the purpose!

There is a brand and a market, and now there is huge financial support, plus policy support. Wang Ye can't think of any reason why Damao Automobile Industry cannot develop...

…………

As for the remaining US$60 billion, Wang Ye plans to invest all of US$50 billion in the chip industry.

To be honest, this industry can only be dominated by state-owned assets, and no private funds are willing to do it.

The investment is huge, the results are very slow, and even the profit margin is not large at present...

However, this thing has strategic significance!

Once an advantage is formed, it is irreversible. Wang Ye's "previous life" experience has fully demonstrated the importance of this industry.

It’s only 2005, so it’s not too late to enter the chip industry.

Because the competition in the global chip industry is still fierce, there are many countries participating, and it has not been monopolized by one or two countries or regions.

If you throw 50 billion US dollars into it, you can still see some splashes...

In fact, there is no shortage of talents in Da Mao. Many of the top technical personnel in many high-tech companies in Europe and the United States came from Da Mao.

Why did I go to Europe and America? Is it because there are not enough jobs here and the income is too low?

Wang Ye has launched low-rent housing projects, encouraged large enterprises to expand production scale, and now has set up industrial funds with the purpose of retaining these talents and allowing them to use their talents domestically.

…………

For the last 10 billion U.S. dollars, Wang Ye still wants to set up an industry fund, an Internet industry fund!

Internet companies, especially start-up companies, are in great need of the support of venture capital!

But there is a lack of such venture capital here in Moscow.

This chapter is not finished yet, please click the next page to continue reading the exciting content! Because it is more profitable to engage in energy, finance and other industries, most of the funds have flowed into the energy market and financial market. Everyone wants to be an oligarch, but no one wants to go

Be a "taken advantage of" like Internet venture capital.

Therefore, the entrepreneurial atmosphere in the Internet industry is not strong in Moscow.

Since private capital is unwilling to do this, state-owned capital can only take the lead...

This US$10 billion was established to encourage college students to start businesses. As long as your project is innovative enough or has technical highlights, you can get an interest-free loan!

Let you start a business without any pressure.

If you are worried about not being able to repay the interest-free loan, it is easy to say that this interest-free loan can be converted into shares of your company.

The worst outcome is that the business fails and the company goes bankrupt, and the loan does not need to be repaid.

Anyway, it is a purpose, to encourage young people to actively start their own businesses!

Maybe there will be a new "Google", a new "Facebook" or an "Amazon" in the future.

Even if these 10 billion US dollars are poured in to support a successful Internet company, that would still be considered a success!

…………

At the meeting of the National Economic Council, Wang Ye formally proposed the plan to establish three major industrial funds. After a heated discussion among the members present, it was unanimously approved.

Ordinarily, a committee member should be appointed to be responsible for the operation of these three major industry funds, but Wang Ye did not do so.

He directly placed these three major industrial funds under his own office name, with Elena taking the lead.

This is more than 100 billion U.S. dollars. Wang Ye really does not dare to delegate power to a certain committee member easily...

It would be more secure to directly monitor it myself. If it were really handed over to a certain committee member, I don’t know what would happen.

If the money is spent and the results are not seen at all, you will be the one who takes the blame in the end!

Elena was called to the office by Wang Ye and gave her the task of managing the three major industry funds. Elena was frightened at that time.

Hundreds of billions of dollars, leave it to your own management...

She is only in her thirties this year, and her work experience is only with Wang Ye for a few years.

Although he worked diligently and responsibly, he became Wang Ye's trustworthy chief assistant. He was also a supervisor-level figure in the secretary's office, and he was also quite respected in the Duma Building.

But these are still very far away from more than 100 billion US dollars!

She, who had always been calm, was a little flustered. She looked at Wang Ye anxiously and said a little unconfidently: "Boss, please leave me in charge of these three major industrial funds?"

Wang Ye smiled and nodded.

"Then...is there a dedicated working group to cooperate with my work, or is there a 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 and recruit people yourself or dispatch people from government departments, but they will all cooperate with your work. In other words, you are the main person in charge of these industrial funds!"

Elena finally calmed down, and she thought thoughtfully for a moment, then asked Wang Yedao: "Then...my main job in the future will be..."

Wang Ye understood what she meant and said with a smile: "The three major industrial funds have heavy responsibilities, so your focus next is the industrial fund office. As for the work here, you can leave it to Baco first.

Wa and Nova, they should be able to handle it now."

Irina, Bakova, and Nova were the first assistants who followed Wang Ye.

The other two "babies" followed Rosiana to work for the Moscow State Government.

Bakova is also a PhD graduate in economics. She is a true elite. With the training she has received from Wang Ye in the past few years, she is completely qualified to take over Irina's job.

Elena nodded heavily, her eyes turned red and she bit her lips, and said seriously: "Don't worry, boss, I will definitely live up to your expectations."

Obviously, this is Wang Ye's trust in her.
To be continued...