Mount Vema
Menu

Government to accelerate funding to purchase ships for Mount Vema

15/5/2018

0 Comments

 
His Mount Vema Majesty’s Government will apply to a new method of raising funds for purchasing of ships by Mount Vema Corporations. The government wants to accelerate the availability of capital, so companies can finalize deals to purchase ships before the end of the year.
 
A consortium of Mount Vema companies and W-Contractors will submit a bid on Friday to secure enough capital to purchase a fleet of ships. The government aims to negotiate the required contracts in just two weeks, which is much faster than normal. Such negotiations typically take months due to the complexity of the contracts.
 
Representatives of the Vema Seamount Authority responsible for budget are set to appropriate funds to purchase the required number of ships to stay on schedule. W-Contractors who already initiated procurement, will also be responsible for upgrades, according to documents obtained by VSBCnews.
 
Expenditures are expected to near 1 billion golles (about $2 billion) in total, significantly more than the original estimate last year. W-Contractors declined to comment. The Ministry for National Development and Land Maintenance acknowledged, however, that the timeline for the procurement is “ambitious.”
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Picture
    Visit VSBCnews for the Latest News


MOUNT VEMA NEWS - WORLD NEWS - ANNOUNCEMENTS 
Picture
Picture
ADvertisement  
Picture
VSBCnews
Picture

Picture
MOUNT VEMA - KINGDOM OF MOUNT VEMA - THE VEMA SEAMOUNT TERRITORY

Picture

Geography of Mount Vema
Economy of Mount Vema
Monarchy of Mount Vema
Legitimacy of the Kingdom
Mount Vema, The Island
Vema Seamount 
Territorial Management/Records
Declaration of Sovereignty
Maritime Claims
The Vema Seamount Authority
The Reserve Bank of Mount Vema
Central Bank of Mount Vema
Currency of Mount Vema
Financial Compensation
The Constitution of Mount Vema
The Legal System of Mount Vema
Legislative Branch of the Realm
Statutory Laws of Mount Vema
National Anthem of Mount Vema
Official Bank Holidays
Government of Mount Vema
Royal House of Law
Royal House of Appeals
Royal Court of Justice
Royal Tribunal 
High Court / Civil Justice
House of Living Standards
House of Complaints
Law Society  of Mount Vema 
Elections - Electing Officials
Prime Minister of Mount Vema
Government Marketable Securities
Taxation / Revenue Services
ISN - Internal Security Number
Retirement and Pension
Right to a Basic Income
Social Housing
Minimum Wage
Fishery and Maritime Affairs
Coast Guard
Diplomatic Relations/Foreign Affairs
Diplomatic and Consular Services
Travel Advice
Nationality / Citizenship Information 
Citizenship Ceremony
Passport Information
Registrar of Companies
Stock Exchange
Banking and Bank Accounts
Business Licenses
Education Services
Healthcare Services
Family Planning
Marine Science and Conservation
Society for Geological Survey
Mount Vema Red Cross
Police
Postal Services Online
Universal Cross Awards
Annual Events
Transportation/Travel/Tourism
Recruitment and Job Vacancies
Architects Board
Manufacturing Services
Real Estate Market
Construction Project Management
Logistics/Industrial Transportation
Breakwaters Project/City Barriers
Gate Bridge Project
Port of Mount Vema Project ​​
Yacht Harbour / Marina Project
Floating Airport Project
Holiday Resort Project
The Floating City Project
Retail Services
Telecommunications Services

ADMINISTRATIVE DIVISIONS
Pashant
Southland
Bella Vista
Westland
Neverland
Maryland
Roseland
San Miguel
Northland
Eastland

  • COUNTRY NAME: Kingdom of Mount Vema 
  • INFORMAL: Mount Vema, Vema Seamount territory  
  • FORMATION: 2006 (See Declaration of Sovereignty)  
  • RELIGION: Christianity  
  • LOCATION: Southeast Atlantic Ocean 
  • CAPITAL: Neverland (Under Development)
  • PEOPLE: Veman (s) (See Citizenship)​ 
  • LANGUAGE: English - (official language) 
  • GOVERNMENT: Constitutional Monarchy
  • CURRENCY: VSG (Veman golle) = 100 shares
COUNTRY CODE
​COUNTRY CODES IN USE  
Mount Vema Country Code: OV / MOV 
Mount Vema Numeric Country Code: 507
Currency Code: VSG

Proposed Top-Level Domain: .ov
Proposed Telephone Country Code: +294
Registrars
  • Births and Deaths
  • Marriages and Divorces
  • Property Title Plans
  • ​Yachts and Ships
  • Company Formation ​

www.mount-vema.com | www.vema-seamount.com
Privacy and Terms of Use
Contact Mount Vema
The entirety of this site is protected by copyright © 2006–2020  | Mount Vema | Vema Seamount Authority
  • Home
  • Home