Chamber of Commerce of Sikandara

[Serenierre]

CHAMBER OF COMMERCE OF THE EMPIRE OF SIKANDARA
​

Following the passage of the COMMERCE ACT 1953 in the Imperial Parliament, the Government of Sikandara has established the Chamber of Commerce of the Empire of Sikandara, as a means to make trade between the Empire and its many trading partners more streamlined and efficient, by allowing direct communication between the appropriate and relevant representatives of the various industries of the Imperial Realm.

The Chamber has 50 additional associations attached to it, which cover the entire breadth of the Sikandari economy, by covering sectors as diverse as arms manufacturing and iron mining to fishing and poultry farming.​

Despite certain links, the Government of Sikandara is not responsible, nor is connected, to the Chamber of Commerce.

The following pieces of legislation encourage the presence of foreign companies in Sikandara:

Companies Act 1932
Contracts Act 1854
Commerce Act 1953
Foreign Investors Act 1941
Ease of Trade Act 1951
Foreign Trade and Companies Act 1952
Mercantile Act 1952
National Industry Capacity Expansion (NICE) Act, 1953
Foreign Investment & Regulation Act 1954
Industries Act 1954
​

​

CHAIRMAN
Bakhtiar Tirmizi
​

Board of Directors	Liaison Committee
The Board, with its strength of 10 individuals, serves as the regulatory body of the Chamber. The Directors are appointed by the Government, after vetting by the Parliament's Sub-committee for Commerce.​	The Committee is the administrative body of the Chamber. Standing at a strength of 20, it is responsible for ensuring a streamlined connection between foreign firms and local businesses. The Committee is elected by the Chamber's members.​

 

[Serenierre]

AGRICULTURE & FISHING
Traditionally, agriculture has been the major driver of the Sikandari economy, providing a major segment of the labour force with steady employment and generating vast amounts for the GDP. This is mainly due to the favourable climate, fertile soil, and the presence of the Humzam river and its tributaries, one of the largest hydrological systems in the world. Slightly more than half of the country's land is used for cultivation purposes. Over the course of many decades, and through Imperial patronage, the sector has seen immense development and advances have been made in techniques, irrigation and fertilisation of crops. Given the size of the nation, there are several zones in the country which specialise in various fields.

The mountainous and hilly northern areas are known for their peaches, apricots, plums, apples and pomegrenate plantations. As far as other aspects of farming are concerned, the north also has freshwater fishing and animal husbandry as a major part of its economy, with special attention being given to the rearing of mountain animals such as goats, deer and ducks, which are popular. The flatlands of central Sikandara are oriented to produce staple foods, such as wheat, barley, maise, rye, corn, potatoes, onion and chickpea. The flatlands are noted for their unique mangoes, which are popular across Sikandara and are exported to several countries. The area is also known for the large cow farms which provide milk and beef to the rest of the country. The southern region of Sikandara is known for its production of rice, sugarcane and cotton. The cotton from Sikandara is cheaper than from other countries due to substantial subsidies on the production levied by the Government to enhance the sector. The southern coasts also provide splendid fishing grounds of many local varieties, some found only in the region. Fish such as Rohu, Seyer, Thela, Ranga are considered delicacies and are popular export commodities.

During 1951-1952, productivity levels were considerably higher than in previous years. Staple cereals (wheat, barley, rye, maize) yielded a total of 56,780,000 tonnes, while staple crops (Potatoes, onions, chickpeas, tomatoes) yielded 34,620,000 tonnes, a further 12,190,000 tonnes were produced in the category of various fruits. The total agricultural output for Sikandara during that period was worth approximately double the previous periods and of that figure, 53% was derived through export-based earning.

Agriculture is mainly a locally oriented business, with farms held either by landlords or local peasants, and the business affairs are handled by the National Farmer's Association (NFA), to which all farmers must be registered, if they seek to export their produce. Prior to getting approval for trade with Sikandari agricultural businesses, foreigner firms have to request permission and obtain authorisation from the Grand Council for Agriculture and Farming.

MINING
As an industry, mining is entirely focused in the northern areas of Sikandara, where mountains and valleys contain vast reserves of many natural resources. The northern provinces of Khomestan & Dabestan are the hub of the Sikandari mining industry, producing the major bulk of revenue. As a sector, its contribution to the GDP is 19.8% and employs 12% of the workforce. As a sector, during the 1951-1952 period, the profit rates soared due to the high international prices for metals due to global instability and supply route disturbances.

Sikandara is believed to be one of the largest mining countries in the world with some 68 types of minerals, 37 billion tonnes of proven reserves and more than 57 billion tonnes of potential reserves, spread over 1,400 mineral fields. Despite that, the sector remains under-developed and has significant room to grow. Some of the commodities found in Khomestan and Dabestan Provinces are: gold, silver, iron, copper, alluminum, bauxite, limestone, cement, coal, and various types of precious and semi-precious gemstones.

The Imperial Government is keen to see the sector expand and improve its abilities, stating in the 1953 Budget that the sector would benefit from foreign investment.

The following are the largest companies in the mining sector:

Imperial Mining Company	Owned by members of the Imperial Family, the IMC is the largest company operating in the sector. Due to its connections, the Company has access to funds to continuously update its machinery and is generally considered the best firm in the sector. It is, however, averse to cooperating too closely with foreign firms. The company is listed on the Sheravan Stock Exchange and on the Fortaleza Real Stock Exchange.
Habib Minerals Ltd.	The second largest firm, with its operations focusing specially on gold, silver and gemstones. It has partnered in the past with Gallian companies. The company is listed on the Sheravan Stock Exchange.
KMO Mining Pvt. Ltd.	A consortium owned by several wealthy families, the KMO is known for focusing exclusively on coal mining. It is the main rival of the IMC for coal exports. The KMO is partnered with some Mezhist companies and exports heavily to Scania and Occidentia. It is privately owned.
Azambaksh Ltd.	One of the oldest mining companies, the firm focuses on cement, limestone, bauxite and copper mining. The firm is a high export company, generating more than half of its revenues from foreign sales. The company is listed on the Sheravan Stock Exchange.

In addition to the major firms, there are many hundreds of smaller firms that work in the sector and are represented by the National Mining Association (NMA), and may be contacted by foreign investors as well. All export deals must be approved by the Grand Council for Natural Resources.

PETROLEUM & GAS
Following the discovery of oil in Sikandara in 1929, the petroleum and gas sector has dramatically expanded, replacing the traditional engines of the Sikandari economy. The Sikandari oil fields are found in northern Sikandara and on the island of Akbariyeh, which collectively produce enough oil to make Sikandara the second largest exporter of oil in the world.

The sector contributes the highest amount to the GDP, while utilizing the lowest amount of work force in the primary segment of the economy. Following investments by Franken and Eiffelland in the early 1950s, the sector has grown by 5%, despite being plagued with regional troubles. The sector was responsible for keeping the Sikandari economy afloat in the economic problems following the Vangalan Revolution and the Yujiner Civil War of the 1950s.

The following are the largest oil and gas companies in Sikandara:

SKD Petrogas	Owned by the Government, this is the largest company in the sector. The Sikandari Government allows for 45% of stocks in the company to be traded in the Sheravan Stock Exchange.
Khananazad Oil Ltd.	The company focuses on the southern oil fields and is the largest company in the southern oil fields of Sikandara. It is listed on the Sheravan Stock Exchange.
KMO Technologies Pvt. Ltd.	Apart of the KMO consortium, the company focuses entirely on exploration and develops new technologies for extraction. It is a privately owned subsidiary of the KMO Group of Companies.
Azadeneh Ltd.	The company is listed on the Sheravan Stock Exchange.

The sector is heavily controlled by the Grand Council for Energy and is deemed by statute to be a strategic sector, to which investment is monitored and controlled. While pursuing an open trade policy, as far as oil is concerned, the Imperial Government expects foreign companies dealing in this sector to obey its directives.​

 

[Serenierre]

CONSTRUCTION

Following the 1940 Urban Expansion Scheme, the construction sector of the secondary segment of the economy has emerged as a major driver of growth. The presence of cheap labour, technical know how, and raw materials, makes the sector particularly well suited for projects in Sikandara's drive to expand and improve its infrastructure. Following the passage of the 1950 Services Act, it is now possible for foreign countries to utilise the Sikandari construction industry for domestic projects, at very low prices.

The following are the largest companies in the sector:
​

NME Construction Pvt. Ltd.	Privately owned company. Has conducted massive works on Sikandari highway and railway projects in the 1940s.
Shabibullah Ltd.	The company is famous for building several dams and completing dozens of urban housing projects. The company is listed on the Sheravan Stock Exchange.
Nishahbat Construction Ltd.	The company is listed on the Sheravan Stock Exchange.
Lakhnavi Company Ltd.	The company is known for its efficient service and has been used extensively by the Imperial Government to develop the defence infrastructure of the country. The company is listed on the Sheravan Stock Exchange.

The sector is keen to attract foreign investment to upgrade equipment and expand operations, both internally and in the international markets.

REFINERIES
Set up by Eiffellander Government following Sikandari requests, the refining sector focuses on expanding Sikandari capabilities to refine its own oil, prior to export, to enhance the value of Sikandari earnings through the petroleum industry. The sector is always open to foreign investment and global increse in demand for oil indicates that the sector shall only continue to grow.

The following companies operate in this sector:
1) KMO Refineries Ltd.
2) Gandhara Corporation Ltd.
3) Sarzamin Company Ltd.
4) A&O Heavy Industries

MINERAL PROCESSING
Set up originally by the Mezhist Government in the 1930s, mineral processing has slowly shown signs of becoming a major segment of the Sikandari economy. Further investment is required to make the sector realise its potential. The following companies are involved in mineral processing:
1) Imperial Mining Company
2) KMO Minerals Ltd.
3) KTK Processing Ltd.

STEEL INDUSTRY
Set up by the Danish Government, the steel industry in Sikandara is a fairly new addition to the Sikandari economy, expanded only recently as the Government has sought to develop the capacities of heavy industry in the country. Foreign companies are asked to consider investing in this sector and to give particular attention to the sector and its potential when considering their options.

The following are the companies in this sector:
1) Sarzamin Steel Ltd.
2) Azamgarh Steel Ltd.
3) A&O Heavy Industries Ltd.

AUTOMOBILES
The Sikandari automobile industry was established in 1925, following the great explosion of domestic demand for automobiles, with the goal of providing comfortable, safe and reliable cars to people at a fraction of the cost of foreign brands. The sector has opened itself to foreign investment and seeks to expand to foreign markets, with efforts afoot to expand into Gallo-Germania and Touzen. The Chamber of Commerce encourages foreign firms to engage with this sector.

For further details:

You must be registered for see links

​

 

[Serenierre]

ARMS INDUSTRY
The domestic arms industry was set up in the 1920s and has extensive links with companies friendly with the Empire. The arms industry is heavily regulated by the Imperial Government and there is significant oversight by the Grand Council for War & Defence in its operations. The following are the largest companies in the sector:

Heavy Industries Khomestan
Rehbar Aeronautics
Mahmud Shipyards
THT Industries
Sheravan Consortium
Burjzam Heavy Industries

 

[Serenierre]

BANKING & INSURANCE
Banking in Sikandara is based on the principles of

You must be registered for see links

and is primarily based in the economic hub of the country, Sheravan, with a sizeable number of individuals in the city's urban professional class working in the field of finance. As an industry, the finance sector is a major component in the otherwise stagnant and under-developed tertiary sector of the Sikandari economy. The sector is monitored and regulated by the State Bank of Sikandara. The financial sector is keen to expand into foreign countries, however is awaiting Government legislation allowing them to begin discussions with foreign partners.

The following are some of the largest Sikandari banks and institutions based in the city:

Commercial Banks	Investment banks	Insurance houses	Holdings companies
Imperial Bank Ltd.	A&O Investments Ltd.	Adamjung Insurance Ltd.	HHK Holdings Pvt. Ltd
SME Bank Ltd.	KKE Fund Management Ltd.	Murree Insurance Ltd.	Mehrpur Pvt. Ltd.
Hilal Bank Ltd.	Mal-e-Haq Pvt. Ltd	Khanjah Insurance Ltd.	Imperial Holdings Pvt. Ltd
CCI Bank Ltd.	Sutoon Investment Bank Ltd.
National Bank Ltd.
Sherdast Bank Ltd.

SHIPPING
Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

EDUCATION
Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

PROFESSIONAL SERVICES
Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

 

[Serenierre]

foreign companies in sikandara

 

[Serenierre]

ECONOMIC PROBLEMS
While promising to be a great engine of growth, the Sikandari economy is dragged down by a number of problems. While complex, these problems can be surmounted, however Government disinterest has in the past allowed them to persist. These problems have resulted overtime in the stagnation of the Sikandari economy and its triple-dip recession during the 1940s, which has only now, following the installation of the Cerulean Coalition government in 1950, showed signs of easing slightly.

Inflation
Infrastructural problems
Workforce issues
Labour regulations
Tax scheme
Bureaucracy
Access to financing
Policy instability
Corruption
Security
Innovation
Poor healthcare system
Income equality gap

OOC: I'll write about this in more detail later.