New Vilania to spend BILLIONS to turn Cabinda into Singapore-***FOREIGN INVESTORS WANTED***

New Vilania just purchased the territory of Cabinda in RP very recently. Now, seeing its enormous potential, President Kenneth Watkins recently stated that Cabinda could become something reminiscent of Singapore in western sub-Saharan Africa if given the proper development.

Cabinda is very small, it is just 2,810 square miles in total and currently has a population of just under 1 million. However, it has one, very, very important asset-OIL! In real life, despite having just 0.5% of Angola’s total land, it produces around 60% of the country’s oil. And Angola is one of the top 5 oil producers on the continent! That means that Cabinda has LOTS of oil. So we’re gonna use that wealth to build it up and make it into a rich, first-world paradise (hopefully).

To be more specific, President Watkins announced the Cabinda Plan, a series of large-scale construction projects aimed at transforming Cabinda into something like Singapore. Some projects will be funded by the government, but we will allow for private investment in others. Here are the projects and a basic description of each. Projects with a * next to them are open for foreign and private investment.

1: New Oil Refinery

The state-owned Royal Petroleum company has been granted control of Cabinda’s oil, and so a massive new oil refinery will be constructed in Cabinda to process and refine the oil into useful products. Royal Petroleum will also own the refinery and the government will cover the cost. We will invest $12 billion VLD into this project and it is expected to be completed by 2101.

2: New Port*

New Vilania will be constructing a huge new port in Providence Bay, the capital of the Cabinda territory, to bolster shipping revenues. We will be building storage areas, import and export facilities, and much more. The Cabinda Harbor and Port will be state owned and partially government-funded. However, investment from foreign and private companies is wanted. Any company that invests money will be granted reduced fees for using the port and be given special amenities while their vessels are docked there. It is projected to cost a total of $5.3 billion. So far, the government has promised to invest $1.2 billion, while two private New Vilanian shipping companies, McNamara Shipping and Crystal Maritime, have promised $800 million and $500 million respectively. That means we still need $2.7 billion in investment. This project is wide open for investment from shipping businesses who want a favorable deal if they plan on using the new port in the future. This project is expected to be completed by 2103.

3: Financial District*

The Providence Bay Financial District, which will serve as the territory’s principal business hub, is another planned project. It will completely transform downtown Providence Bay, the project will include seven new business-purpose skyscrapers and ten high rise residential buildings. Five will be apartments and five will be condominiums. They will be affordable living spaces geared towards both domestic and foreign workers whose jobs are located in the financial district. In total, the project is expected to cost $4.8 billion. The seven business buildings will cost $4.1 billion and will be privately owned and managed. However, the New Vilanian government will provide $1.1 billion in funding. Companies who invest will be given priority and better deals for office space in the new buildings. Various New Vilanian companies have already invested $1.5 billion, so there is still $1.5 billion of foreign investment needed. The residential buildings will be completely privately owned and funded, and will cost $720 million in total. New Vilanian firms have invested $400 million in them, so we still need $320 of foreign investment. In total, $1.8 billion in foreign investment is still required for the financial district. This project is expected to be completed by 2103.

4: New International Airport*

New Vilania is also building a new international airport in Cabinda, the Cabinda Exeter International Airport. It is projected to cost $6.2 billion in total and will be able to accommodate 40 million passengers a year when completed. It will be state-owned, as are all international airports in Vilania. However, we are welcoming private and foreign investment once more. The government is providing $2.9 billion in funding, and Vilania’s five major airline companies have invested a further $1.7 billion into the airport, meaning that we still need $1.6 billion from foreign airline companies, who will get better deals, amenities, and reduced fees while using the airport. This project is expected to be completed by 2105.

5: New Metro System

Providence Bay will get a new metro system as part of the Cabinda Plan. $54 million will be invested into building new bus and subway stations and lines. This will help to make the city more efficient. The metro system will be city-owned and operated, so the government will foot the entire bill of this project. This project is expected to be completed by 2101.

6: Tourism District*

About 5 miles away from the new airport will be a 3.2 square mile tourism district. Eight different resorts will be built and operated here by private developers to accommodate tourists. So far, three spots have already been claimed by New Vilanian companies, with a fourth deal soon to be closed. However, four spots are still  up for grabs for foreign investors. The cost of these resorts is completely up to the companies that build them. Many tourist attractions, including water parks, amusement parks, and historical sites, are under construction nearby. This project is expected to be completed between 2102 and 2104.

That concludes the Cabinda Plan. A total of around $30 billion will be spent on it. About $17.4 billion in funding will come from the New Vilanian government. About $6 billion will come from New Vilanian companies. However, as it stands, we still need $6.1 billion from foreign investors. So please, fellow RPers, invest! You’ll get great deals and services in the future, which can be easily worked out with me. Respond to this bulletin if your companies are interested, and we’ll set some terms.

Here is an ambitious rendering of what Providence Bay could look like after the projects are completed:

And here is a rendering of a part of the new Cabinda Exeter Airport: