After adding everything up, 60 billion US dollars had already gone out, leaving Wang Ye with only 140 billion US dollars.
He divided the money into three parts.
Of that, 40 billion would continue to be invested in major infrastructure projects.
To be honest, for massive infrastructure projects like these, 40 billion US dollars really was not much. It would not accomplish all that much.
But some investment was better than none. As long as funding continued steadily, there would definitely be improvements.
Another 40 billion US dollars would be invested in the automobile industry, though not in his own Russian Automobile Industry Group. Instead, he was mainly considering state-controlled companies such as Gorky Automobile Company.
Of course, he would not simply hand several hundred billion over to those automakers directly. That would be like forcing seedlings to grow. Those companies were not worth much to begin with, and Wang Ye was afraid they would choke on hundreds of billions of US dollars all at once...
The best approach was to establish an automotive industry fund.
Any company involved in the automotive sector could apply if it needed capital.
As long as the reason for the application was reasonable and compliant, and would help the company grow, it could receive low-interest or even interest-free loans after approval by the Economic Committee!
This would promote the healthy development of the entire automobile industry, while ensuring broad coverage in the use of funds. After several years of cultivation, the industry as a whole should be able to get back on its feet.
He did not expect it to return to the glory of the 1970s and 1980s, but at the very least, the entire industry should not be wiped out, with the domestic car market selling nothing but foreign brands...
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