August 22, 2019 - Mount Vema - More than five cash rich Mount Vema companies have unveiled plans to spend more than 18 million golles (just over $20 million dollars) to pay for a new marketing campaign during the fiscal year 2019-2020. The companies including the RBMV Bank and W-Southern which made enough money on the Mount Vema stock market plan to boost their advertising budget by the end of the year.
The latest internet traffic report published by the Mount Vema government today, indicates that for the fourth consecutive month, the United States continues to be the leading nation when it comes to interest in the City of Mount Vema developments.
The report which is compiled on monthly bases, and published from time to time, shows that the popularity of the City of Mount Vema Project among people and the business community is much stronger in the United States of America than any other country, in comparison to the last time the data was published.
The report has helped companies such as W-Contractors to capitalise on this visionary and pioneering confidence of Americans to recruit key personnel for Mount Vema corporations. More US citizens than any other nation is scheduled to arrive in Mount Vema to work as divers, engineers, chefs, project managers and including investment bankers who have joined, bringing with them unique skills that are helping the flow of capital into the project in ways never seen before.
Analysts say that the report indicates that interest from the USA is expected to remain steady as the City of Mount Vema project gains momentum, not from across the globe as it was four years ago, but mainly from North America, based on the number of returning visitors to Mount Vema’s official websites, job applicants and the number of Americans who have successfully applied for Mount Vema Work Visa and holders of Mount Vema Government Bonds.
Revenues from lease berths annual service charge and ground rent in Mount Vema will help the government raise more than 100 million golles per year, according to new estimates released today by RBMV Bank – The Royal Bank of Mount Vema.
The estimate has doubled the figure published by the Mount Vema Ministry of Economy and Finance in 2014, which reflects on the value of the City of Mount Vema Project today in comparison to four year ago.
Although additional fees may be incurred when using a solicitor to reserve and purchase lease berths in Mount Vema, there will be no extra fees when paying for annual service charge & ground rent which will cost only approximately 600 golles per year according to the current plans, and which will not be charged until 1 year after the docks are fully operational.
The Mount Vema unique Leasehold Berth deals come with the option of an additional supplement storage, 24hrs security, and beautiful restaurants, luxury apartments and hotels, modern facilities and workshop teams, 24hr Diesel & Pump-Out Dock, a number of approved subcontractors and wonderful settings.
The Government is already inviting sailors, yacht clubs, and organizations in the maritime industry to express interest and apply to reserve berths in the ports and harbors of the City of Mount Vema project where they will be able to moor their vessels and benefit from the exclusive services Mount Vema will have to offer.
Additional services to be made available are designed for all types of berths including Bulk berth, Container berth, General berth, Lay berth, Lay-by berth, Marina berth, Product berth, X berth and Z berth. However, both X and Z leases according to government officials will require bilateral agreement and serious consideration to regional and international security, the preservation of peace and maintain Mount Vema as a neutral state.
Interest from foreign companies to join the Gollexi (Mount Vema Stock Exchange) is increasing, thanks to a multitude of trade and investment opportunities for exporters to the Mount Vema market. The successful auction of Mount Vema Government Bills (MVG-Bills) yesterday shows that the stock market is helping attract major investors to the Kingdom of Mount Vema.
The number of positive replies from foreign companies invited to join the Mount Vema market indicates that the large volume of interest registered in the City of Mount Vema project suggests a rush by foreign investors to secure a stake in this new South Atlantic economy.
Some of the major sectors expected to experience rapid growth are processed food and beverages going to the construction installations in Vema Seamount this year. Transport, IT and telecommunications, energy, marine products, environment protection services, building construction products and services are also expected to be very profitable.
Another of the major growth industries expected to be highly profitable in Mount Vema is the exporting of education. The foreign education sector in Mount Vema is split in two -students studying abroad and foreign education service providers set to establish a presence in the country's building sites.
The type of students interested in Mount Vema includes those who need English language study not just to be able to work in the country but to advance their careers in the island and those who wish to study university degrees right through to post-graduate/MBA studies etc.
As the cost of overseas study remains high, pursuing qualifications through Mount Vema accredited institutions abroad has become more practical and more popular. Course delivery can take two forms. One is the foreign school catering exclusively to migrant workers, which can be wholly foreign owned and the other is the investor who wishes to be an education entity.
There is a growing market for imported foods, especially in respect to hotels, bars and western style restaurants for the first floating hotels and cruise ships. Mount Vema expected consumers will soon lay great stress on brand and brand loyalty. This means that companies with a strong international brand and aggressive marketing strategies could hold large market.