CHAPTER 1854: CHAPTER 1679: OFFICIAL IMPLEMENTATION

Myanmar.

Xin’an City.

A Hotel.

"Hanhan, it’s okay, maybe there will be an opportunity next time."

Ge Feng comforted, Jiao Han had also applied this time, but the Myanmar Asia Chamber of Commerce did not accept, the reason was simple, she had no experience in investing in manufacturing and raw materials industries, and was directly rejected by the Chamber of Commerce.

Jiao Han was not very hopeful.

Next time?

She didn’t know how long she would have to wait.

Maybe she’ll never have a chance, her family’s industry mainly focused on service industries, hotels, catering, tourism, etc. They had invested a lot of money, thinking the other party would show some courtesy.

However.

She overthought it.

The refusal was necessary.

Also.

Her investment was for interests, not to help, this time, the Chamber of Commerce’s loan purpose was to seek help, for everyone to work together to maintain the stable position of the Asia Dollar.

At most, she was an opportunist.

"Brother, I think there’s an opportunity for your family’s business."

Jiao Han looked at Ge Feng.

Ge Family.

She didn’t know exactly how much money they had, but the property was definitely a huge number, upholding the Huaxia people’s mentality of hoarding land, buying land everywhere, very strong in agriculture and raw material fields.

Upon hearing this.

Ge Feng shook his head.

"No."

"The family believes there is a chance, but the risk is greater, so they are temporarily observing."

The Ge family isn’t a small family.

In the global overseas Chinese community, they hold the leading position, indisputably first, whether in the political influence of Western countries or the economic influence in Chinese circles.

Therefore.

Every action must be cautious.

Myanmar.

The ambition seems big, the family cannot determine how the future will be. Not moving is the best choice, for that petty interest, earning tens or hundreds of billions, the Ge family is interested.

But it must be built on a safe foundation.

Unlike the Jiao family.

A small family.

Assets of several billion dollars, low influence, joining this excitement won’t have any consequences.

"Oh."

Jiao Han nodded.

Indeed, the Ge family should not act impulsively, when capital reaches a certain level, it inevitably surpasses economic scope, easily crossing some lines, the Ge family has a big family business, but it’s also walking on thin ice.

...

August 1st.

"Effective today, the ’Interim Regulations on Import and Export Tariffs of the Myanmar Economic Zone (2008-3)’ are officially implemented, benefiting all import and export enterprises in the Special Zone, imported goods are expected to be cheaper."

"..."

"The pilot period for the interim regulations is six months, within which, modifications will be made based on specific situations, aiming to benefit import and export enterprises across Myanmar, with full implementation expected next year."

"..."

"In the past half month, according to statistics, the Myanmar Economic Zone has added more than three thousand newly registered import and export enterprises, the Vice Mayor Su Yu visited the Special Zone Customs this morning..."

In the morning.

Major media in Myanmar reported this major event one after another.

Tax reduction.

Has a major impact.

Benefiting enterprises.

Although the Myanmar Economic Zone has industry entry restrictions, it doesn’t mean other place enterprises can’t register branches here, make a shell, other states didn’t implement it.

Alright.

I’ll just change the import and export business registration location to the Myanmar Economic Zone, even if they’re not within the Special Zone, enterprises can enjoy this part of the preferential treatment, thus so many new registered enterprises emerged.

Reasonable tax avoidance.

No problem at all.

However.

Seeing this, other states.

Wow.

The registration location of import and export enterprises transferred, leading to less taxation, this is unacceptable, so, they all filed reports, wanting equitable treatment, hoping to end the pilot quickly, enter full implementation phase.

...

Naypyidaw.

The presidential palace.

"Tell the states, a pilot is a pilot, six months is six months, the process still needs to be maintained, as for their tax loss, I’ll let the Special Zone calculate separately, allocate to each state."

Kan Qin nodded.

This is good.

The Myanmar Economic Zone doesn’t lack those taxes.

"There’s another matter, many import and export enterprises have delayed the import of goods to next month to enjoy the tax reduction convenience, do we need..."

Kan Qin didn’t finish.

But the meaning was clear, whether to manage this matter.

"No need."

Ling shook his head.

"Since it’s a tax reduction, they call it reasonable tax avoidance, it’s just a little money, not necessary, as long as it’s within the rules, aligns with our overall goals, there’s no need to care about such trivial matters."

This statement.

Only someone with absolute discourse power could say.

Kan Qin actually thought similarly.

However.

Dare not speak these words.

"Understood."

At this moment.

There was a knock on the door.

"Come in."

The door was pushed open, Miao Ye entered, upon seeing the two big shots, he quickly greeted, sat opposite Ling’s office desk, and handed over a thick document.

After weeks of hard work.

Working overtime.

The committee finally produced a proposal for expanding loan countries.

Ling flipped through.

Briefly looked.

Lifted his head.

Showed approval.

"It’s fine."

"However, it cannot be announced unilaterally, making it seem our loans are easily obtainable, for others to underestimate, thinking we are begging them, this is your next phase of work."

"First, officially announce outwardly, we plan to expand the scope of loan countries."

"Second, let interested countries come with complete project proposals, they must be valuable projects, otherwise, building a highway in a mountainous area, or remote mining area, their willingness to repay isn’t strong."

"Our loans should also be visible to the world."

"Third, based on their provided projects, assess the value, fit into the loan cap each country is given, not allowing exceeding ten percent, while reasonably allocating commodity and project loans."

"The minimum ratio for the former can be zero."

"Fourth, if it’s a project loan, most will definitely fall into Huaxia companies’ hands, in the assessment, we also have to consider their construction capacity, some projects need special handling."

Yes.

Huaxia companies are strong.

Unparalleled in infrastructure.

However.

Manpower is limited.

A large project requires thousands, even tens of thousands of people, personnel in related fields at major construction companies may not be completely sufficient, bidding, without enough people to undertake.

It will be very troublesome.

Delaying temporarily is okay, but large project periods are at least a year, at most several years.

Can’t delay.

"In this respect, communicate well with cooperating enterprises in Huaxia, see if there’s construction capability, or bring in more private contractors, and support Myanmar’s transnational construction companies."

"In short, we need projects to proceed smoothly."

"Yes."

Miao Ye nodded excitedly, Ling granted him such great authority, filling him with drive. Late this month, many countries have expressed interest, now, it’s their turn to line up.

"As for special loans, temporarily hold off on issuance, just leak the news, after all, even if someone wants to buy ’Oasis’, the governance quota for this year is already gone, talk about it next year."

"First confirm engineering loans, generally followed by commodity loans."