Sinhai Economy and Contracts

[Khemia]

The Sinese economy is a partial state capitalist which subsidizes nation corporations and creates market initiatives, with minor public sectors that are not permitted to be viable on the international market. Labor regulations are strict, while independent unions are banned; however companies often create unions to better assist corporate leadership understand the needs of it's employees. Relevant labor regulations include: state-mandated employment, regulated dismissal of workers, subsidies for following state-led market initiatives, minimum wage set at $11.00, 10 hour work days, 4 weeks vacation standard, insurance is subsidized by the state for citizen employees, residents are not required to receive benefits. Tariffs for foreign goods are relatively high, cutting into profits, but still allow for competition; free trade agreements are possible and suggested. There are no environmental regulations limiting pollution or waste.

INFORMATION CONCERNING THE CURRENT MARKET, UPDATED AS NECESSARY. Should you wish to fill a contract, invest, create a FTA, or participate otherwise, please make a note here.

The current Sinese market is experiencing a steady increase in value despite a recent influx of low-income residents.
The Sinese labor market is growing.
Inflation rates are low.
The government maintains a positive attitude towards free trade agreements.
Cost of living is moderate.
The government is encouraging foreign investment.
The government is undecided on foreign business expansion in Sinhai.

Currently, the Sinhai economy exports Oil, Lumber, aluminum and processed ores, and consumer products; particularly foodstuffs, medical supplies, manufactured goods such as furniture, clothing, and toys.

The Sinhai economy imports cars, weapons, and electronics, including but not limited to televisions, computers, gaming platforms, servers. The civilian weapons market is currently experiencing a massive surge due to recent liberalizations.

Government contracts are available for the following:
Creation of an electronics manufacturing plant in Sri Rama.
RFI and/or assistance in the development of civilian and military nuclear energy.
Weapons supply for the Sinese Defense Force, including:

R&D project for a national tank.
The purchase of a production-license for a close-quarters upgradeable bullpup rifle.
The purchase of a newer, economically practical yet viable multi-role aircraft with electronic attack capabilities.
​

The purchase or construction of a nuclear-powered aircraft carrier.

Additionally, the following markets are privatized and available to foreign competitors according to government regulations:
Oil extraction and refining, manufacturing, civilian weapons manufacturing, civilian research, services (primarily telecommunications and electronic communications).

 

[Wieserreich]

The Ministry for War of the Empire of Wiese offers the government of Varjhal to consider cooperation concerning your proposed research & development project to develop a national main battle tank. Wiese possesses long experience and expertise with land systems and can offer you options including the renowned Leopard 1 and Leopard 2 main battle tanks, and potentially, developments of the Leopard 1 or Leopard 2 as your main battle tank. We look forward to your reply. Likewise, the Heckler & Koch G3 rifle is a wide-spread rifle you could consider for your intended role (OOC: post in my arms industry thread if interested.) Our government expresses interest in investing in your oil and other mineral resources industries through joint public holdings companies.

 

[Khemia]

Empire of Wiese,

We are in discussion with Khalistan for the purpose of creating a joint project with our neighbor in an effort to create a tank which can be produced locally without the need for imported goods. Therefore, purchasing rights to the Leopard would not be a satisfactory arrangement as we would need to import parts for maintenance, and VMI, as a non-native producer, is not intimately familiar with the design of the tank; however we would like to purchase production rights for the Rheinmetall 120mm / L55 for use in this new tank. We recognize the superiority of this weapon in armored warfare. Should the Empire of Wiese find this satisfactory, then we will purchase production rights for the weapon.

Your investment in our oil mineral resources is noted. Would you like to import oil or refined ores, invest in current Varjhali companies, or expand your own holding companies into our nation?

 

[Wieserreich]

We regret to inform you that the 120 mm Rheinmetall L55 is not cleared for licensing abroad by the Imperial Cabinet of Ministers, and is also of limited export availability as part of the Leopard 2A6 main battle tank produced by Krauss-Maffei Wegmann.

Concerning oil and ores; Wieser companies including the KEF (a [wiki]KIW[/wiki] subsidiary) and potentially other companies are interested in direct investments in the current infrastructure in the form of purchases and/or takeovers from local companies and/or authorities, as it may be applicable.

 

[Anglyn]

Commerce Ministry

Several Mayaland companies have expressed to this ministry their interest in all the markets available to foreign investment, iil extraction and refining, manufacturing, civilian weapons manufacturing, civilian research, and services including telecommunications and electronic communications. Retail companies have also shown interest in establishing a presence in Varjhal as well as those of the tourist and transportation sectors. There has also been questions about mining and agriculture and have asked ministry to inquire about those sectors being open to foreign investors.

 

[Khemia]

(ooc: Just a heads up, changing from Varjhal to Sinhai once Kapi gets around to it... so referring to myself as Sinhai forthwith)

Wiese,
There are three significant oil companies on the market extracting resources, and five companies which operate refineries, these five companies also operate naval vessels for the export of oil. While mainland fields are generally filled to capacity, offshore fields have room for foreign companies to allocate drilling platforms to; should this be done and oil production is increased, profitability for an additional refinery will become higher.

Production: Kauli Standard Sinhai Ltd. (2 mainland fields, operates 72 offshore wells), Shakti Co. (1 mainland field, 43 offshore wells), Sinhai Public Company Limited (public company, 1 mainland field, 27 offshore wells)

Refining, Exporting:
Kauli Standard Sinhai Ltd. Refinery, Lak Ta
Kauli Standard Sinhai Ltd. Purifier Refinery, Tanpang
Shakti Co. Refinery, Tanpang
Sinhai Public Company Ltd. Refinery, Debal
Plume Refinery, Tanpang

As for ore, the vast majority sites have been purchased by private companies, and survey of the landscape is largely complete. Because government protectionist policy, the buyout of oil and ore companies is difficult; however wells and fields may be purchased.


Mayaland,

Foreign investment in all of these sectors will be noted, should companies wish to expand into these markets then they will be allowed. Additionally, retail and tourist sectors are open to private companies from abroad. However, concerning transportation, what type of transportation companies are interested in Sinhai? Mining and agriculture are also open to foreign investment; however as stated to Wiese the extraction of ores is largely already underway or reserved. Approximately 82% of arable land (which represents 23% of the total) in Sinhai is currently being used for farming; the climate supports a wide variety of products.

 

[Anglyn]

Commerce Ministry

transportation: Mayaland Airlines, Cunard & Co. and Black Rose Shipping look to gaining access to Sinhai airports and harbours

Petroleum: Anglyn Petroleum & Chemical is asking about offshore exploration and extraction as well as refining and petrochemical production.

Agricultural: I would depend on the climate and terrain in question.

Communications: Westmearc Communications has shown interest.

Electronics: Mayaland Technologies and the Harken Group both have made inquiries.

Manufacturing: Heavy manufacturing companies that include those that produce civilian automobiles, trucks and aircraft as well freight and passenger rail products. Harken Groups' Barington Electric & Manufacturing, which produce power plant generators as well as household appliances.

Tourism: Conrad Investments to establish hotels, resorts and resturants.

Retail: Tortuga Trading Company Ltd. to open several of its differnt retail outlet in Sinhai cities.

Investments in Sinhai companies: Conrad Investments and Blackstone International Ltd. both look to invest in Sinhai companies as well as Sterling Mining eing interested in investment in Sinhai mining companies.

Import & Export: Companies that deal in the transport and distribution of Mayaland products to Sinhai and the purchase, transportation and distribution of Sinhai products to Mayaland.

If a more detailed list of intersted parties are needed, it shall be supplied.

 

[Wieserreich]

Kaiserliche Erdölfirma GmbH (KEF) is interested in expanding operations in Sinhai, and expresses its will to purchase rights for two (2) to four (4) off-shore oil and natural gas fields, as well as rent harbour or port facilities to allow the export of its produce not destined for Sinhaian refineries to reach the Wieser oil refineries in Regensburg, [wiki]Saxony[/wiki]. The company is wishing to reserve its right for a future expansion, as it might be necessary. Purchases will be made under the guarantee of its parent company [wiki]KIW Investment Group[/wiki].

KIW AG (KIW) is interested in expanding the business of numerous of its subsidiaries in Sinhai as well. Of particular interest are the fields of Imports & Exports, Retail, Agriculture, Infrastructure and Telecommunications.

Last, but not least, Thießen AG would like to know whether there is room available in the field of steel manufacturing and of associated products and mining industries.

 

[Khemia]

Mayaland,
Agriculturally our climate is largely humid-subtropical to the east and somewhat the south, while inland the environment and geography has produced a slightly hilly Mediterranean climate capable of producing a wide variety of products. However, one of our most significant exports is rice; which Sinhai is one of the largest producers of, exporting 5.4 million tons annually.

Your transportation, communication, tourism, retail, and insurance* and import/export companies have been approved. Due to recently signed agreements tariffs will be at nominal rates (6.5%) for all imported Mayaland products.
* currently private insurance is available only to residents, as public insurance is provided to all citizens. No insurance is available to non-residents.
Anglyn Petroleum & Chemical may purchase an oil field of estimated moderate-high yield (354.6 billion barrels, 8.482 trilion m³ gas and 1.48 million barrels condensate) at the fee of $5.75 per barrel, $0.33 per gas, and we anticipate our current production to rise from 390,000 bbl/d/69,600,000 m³ to approximately 470,000 bbl/d /80,000,000 m³ with your involvement. Should your company exceed 110,000 bbl/d or 10,400,000 m³, fees will be reduced.
Your investments have been noted and approved.

We would like to suggest to your electronics companies a contract available for the construction of a manufacturing plant outside Sri Rama.


Wiese,
You telecommunications, imports/exports, retail, agriculture, and infrastructure subsidiaries have been approved. Note that imported goods from Wiese will be charged a standard tariff rate of 15%.
We have several fields available at varying rates dependent on expected yield. Our highest yield field currently contains approximately 1.2 billion barrels and is already being tapped by Kauli Standard at 100,000 bbl/d, with a number of fields between 200-500 million barrels, with gas roughly comparable. Price will be determined based on field yield. Please inform us of your desired field yield.
Please inform Thießen AG that room within the steel production and manufacturing sectors is open to foreign competition; however mainland mines will need to be purchased from companies. However, if they are interested in offshore exploration they will be permitted.

 

[Khemia]

With rumors of assassination attempts on the Sinese President confirmed and the Chief of the Sri Raman Police Force having pledged his loyalty to the President instead of the Unity Party, all out chaos is about to break out on the Sinhai stock market as economists fear for the stability of Sinhai's capital city. Though the Sri Raman Stock Exchange has closed overnight, economists are expecting stock values to plummet in the coming days. The Baht (฿) is expected to lose value, and questions are being raised whether or not the Unity Party will keep the Sri Raman Stock Exchange closed for the remainder of the week to prevent panic from hitting the market.

 

[Khemia]

The Sinhai stock market has closed to prevent extreme economic contraction after Sri Rama Police forces sealed off the Financial District and the entirety of Sri Rama Island from civilian access. Imports into Sri Rama Island are still permitted.

The Unity Party floated the currency in 2003 in order to promote trade. However, because of this the currency is suffering from inflation due to lack of regulation. As a result, the Baht has lost 12% of it's value in large part due to the rapid selling of stocks, and is expected to lose more in the coming days as services and goods imported through Sri Raman harbors are slowed and domestic prices rise disproportionately compared to global prices. For now the Baht has stabilized due to the closure of the market.

 

[Wieserreich]

Wieser investments in Sinhai will be delayed, following news of the recent economic troubles in your country. They will, however, not be cancelled.

 

[Khemia]

Sinhai markets have reopened following the creation of a set plan for restoration of civilian government and stability within Sri Rama. The Baht has fallen in value roughly 195%, making the current value of the baht ฿5.32 : $1. This has not affected Sinese banks, and value of assets within banks are maintained.

Market analysts are expecting the Sinhai economy to recover, especially with a recent boom in the sex industry and entertainment industry. Construction on the engineer institute of Sri Rama is also officially underway.