Rebirth of England.

Chapter 1000 Vision 2020
Another point is that Barron's currently owns the world's second largest aircraft leasing company, Global Lease Finance. If Ryanair gets Barron's support, they will be more flexible in route deployment because they can easily access the resources of this aircraft leasing company.

This will also be one of the bargaining chips for the European Wealth Fund in negotiations with the other party.

In fact, there are still many airlines in the world that can be put on the sale list.

After all, just like Alitalia, before this, affected by the global economy, people often began to choose low-cost airlines with lower prices when traveling, including the European and North American markets. Therefore, many airlines were affected. This is also one of the reasons why a wave of mergers and acquisitions began among airlines in the next few years.

Well, that’s not all. Once these airlines start to recover, the global epidemic will bring another huge impact to these airlines.

Therefore, in comparison, acquiring a low-cost airline like Ryanair is more promising.

……

On May 5, the Kolo government released the Vision 15 White Paper.

In this White Paper, the Kolo government planned the future development of the country and also promulgated a series of policies aimed at building Kolo into a financial and technological center in West Africa and even the whole of Africa.

The first is their "Information Superhighway Plan". According to this plan, the Kolo government will invest a total of 500 billion Kolo shillings to upgrade Kolo's broadband and communication facilities. It will first complete the full coverage of optical fiber and 4G networks in the three cities of Blita, Loti and Dassau and surrounding areas. Then, within 5 years, it will complete the full coverage of optical fiber and 4G networks in the entire territory of Kolo, and 5G network coverage in major cities.

In addition, the Kolo Industrial Investment Fund will establish a technology incubation center in Brittany to provide financial and facility support to start-ups in the Internet and high-tech fields.

In addition, Colo will optimize its tax policies to attract businesses and talent. Starting from January 2015, 1, personal income tax will no longer be levied in Colo, and a low tax rate will be imposed on corporate operations. Its comprehensive corporate tax rate will be only 1%, and there will be corresponding tax exemptions for supporting industries including the Internet and blockchain. According to estimates, the actual tax rate collected can often be as low as 12.5-5%.

In terms of education, Colo will build three new universities in the cities of Britta, Loti and Dassault, and establish no less than 5 technical colleges of various types within five years. These schools will recruit students from home and abroad and provide full scholarships for students with outstanding academic performance.

In addition, the "White Paper" also formulated the infrastructure plan for Kolo, including the 280-kilometer high-speed railway that is currently in the negotiation stage with China. It will be built between the capital Blita and the port of Loti. Once the Blita high-speed railway is completed, the travel time from Loti, the largest port in West Africa, to the capital Blita will be shortened to less than 50 minutes, making the transportation between the two largest cities in Kolo smoother.

After all, Africa's overall economic development is relatively backward, especially compared with Europe, the United States and East Asia, the gap is huge.

The only country that can be said to have a good economy is South Africa among the BRIC countries, but South Africa’s current economy…

Therefore, if there is a relatively stable political situation on this continent, as well as perfect infrastructure, convenient transportation and other conditions, then Kolo will have the hope of becoming a "safe haven" for wealthy Africans and entrepreneurs.

After all, even in the poorest countries, there is still a wealthy class.

So Kolo first lowered the domestic tax rate to increase its attractiveness to capital. Although the exemption of personal income tax and the reduction of corporate tax will reduce the revenue of the Kolo government in the short term, Kolo itself has rich oil and gas resources. The government still has sufficient sources of funds by relying on the dividends from its shares in the Kolo oil field and related special taxes. In the long run, if Kolo can attract more funds to enter, it will be equivalent to making the pie bigger. Even if the tax rate is extremely low, the final revenue will not be lower than before.

In addition, Colo has also set its sights on the blockchain and Internet high-tech industries. To develop these industries, the basic condition is to have good network facilities, and investment in optical fiber and mobile networks is imperative.

Many African countries are already rich in resources. If they can have a stable political situation and invest in education, transportation and other fields, it will not be difficult for them to develop.

But the problem is that political stability alone is extremely rare for African countries.

In fact, at present in the Loti Port in Kolo, in addition to re-export trade and oil, gas and petrochemical industries, there is another industry that is also developing rapidly, that is, gold trading.

The gold trading here first started before the subprime mortgage crisis in 2008 when the BFT Fund bought a large amount of spot gold and deposited it in the underground vault of the United Bank for Africa (formerly the United Bank of West Africa) in Britta.

After that gold purchase, Kolo immediately became famous in African countries because of the large amount of gold purchased and the quick payment.

After that, although the BFT Fund later sold the gold spot to the Kolo government as their gold reserves, Barron knew that even though the gold price was already at a relatively high level at the time, it would still have considerable room for growth. Therefore, the Kolo government did not rush to repay various loans with the foreign exchange income it obtained, but continued to establish a long-term gold purchasing center in Port Loti and continued to purchase gold spot for a long time.

After all, their loans from the World Bank, the European Union, China and other countries are low-interest or even interest-free loans based on corresponding aid or infrastructure projects.

In this case, they might as well use their foreign exchange to purchase spot gold. Anyway, they are happy to use Colo's oil and gas resources to repay China's loans. As for other loans, when the gold price rises, they can sell part of them or directly repay them with gold. I believe the other party will be happy to accept it.

So over the years, the gold purchasing center originally established by the Kolo government in Loti has gradually developed into a gold market.

You know, gold is not a scarce commodity in many African countries. At the same time, the political situation in many countries is unstable. The military leaders who came to power through a coup don’t know how long they can maintain their rule over the country. Of course, they are seizing the opportunity to use the country’s resources to fill their own pockets. Therefore, these people are also eager to exchange the gold they get from the gold mines for assets that are easier to transfer overseas - such as US dollars and pounds in Swiss bank accounts.

Moreover, the gold sold by these people can even be discounted. After all, in many cases, they are more or less sanctioned, and it is difficult to sell such a large amount of spot gold at one time through formal channels. And because of some gold purity issues, the price itself will be lower.

Therefore, the gold market here even has supporting industries for smelting and fine processing, and as the scale of transactions here expands, many jewelry production and sales industries have also been added.

Because the cost is relatively low, the selling price of some gold jewelry is also relatively low. Many people who come to Kolo for tourism will come here to buy some gold jewelry...

The gold industry has gradually become a rapidly developing business in Loti.

(End of this chapter)