Eastern Development Organization (EDO)

Organisations involving national governments as members.

Eastern Development Organization (EDO)

Postby Liu Che/Zhuli » Fri Apr 01, 2016 5:27 pm

Welcome

Thank you for joining the Eastern Development Organization (EDO)! We are excited and ever grateful that you have decided to aid the countries located in Keris, Seleya, Dovani, Temania, Tropica, and Vascania most in need. Your contributions will make Terra a more prosperous, peaceful, and happier place. Please, feel free to approach us about contributing today!

Leadership

Location: Tian'an, Han, Indrala

Chairman: HAO Xin (Interim)

Shareholders: Hao Xue Group (1%), Da Lou Construction (1%), Xing Xing Entertainment (and affiliates) (2%), Diannao Computer Corp. (3%), Indrala (12%), Imperial Clan of Wu (15%), Dorvish Foreign Economic Council (25%), Imperial House of Ryeo (0%), Munhandae Group (14%), Haedodi Corporation (11%), Aldegar (3%), Hoouse of Steuart-Adelia (6%), Lion Capital (7%)

Funds

General Fund: 29.095 billion LOD

Loan Fund: 30.145 billion LOD

Grant Fund: 13.2 billion LOD

Total Funds: 72.4 billion LOD

Treaty

http://classic.particracy.net/viewtreat ... atyid=3308
Last edited by Liu Che/Zhuli on Wed May 04, 2016 2:06 pm, edited 3 times in total.
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Re: Eastern Development Organization (EDO)

Postby Zongxian » Tue May 03, 2016 3:54 pm

The Imperial House of Ryeo is interested in making a significant contribution to the organization and we would like to explore the options we have.

Also, Dankuk's two largest chaebol, Haedodi Corporation and Muhandae Group, are also interested in becoming involved in the EDO.
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Re: Eastern Development Organization (EDO)

Postby Liu Che/Zhuli » Tue May 03, 2016 3:59 pm

All interested have a variety of options. They may either make donations or investments. The difference is that investments will eventually accrue interest and be solely distributed to the Loan and General Funds.

The General Fund is a combination of low interest loans and grants, while the Grant and Loan Funds are solely grants and loans respectively.

Upon donation and/or investment (you may do one or the other or a combination), donators and investors will be given shares in the organization. These shares allow donators and investors to have a say in the type of development projects that get approved. They may also, although this is not restricted to shareholders, propose development projects.

Ideally, we would like to have 100 billion LOD before beginning projects.
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Re: Eastern Development Organization (EDO)

Postby Farsun » Tue May 03, 2016 4:06 pm

In effort of rebuilding international relations and rending assistance and aid to friends in Indrala and elsewhere in the world, the Foreign Economic Council (through our Foreign Capital Fund) of the Dorvish Republic would like to invest 100b DDO (18.290b LOD) into the Eastern Development Organization.
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Re: Eastern Development Organization (EDO)

Postby Liu Che/Zhuli » Tue May 03, 2016 4:19 pm

The EDO thanks the Dorvish FEC. As it is an investment, would you prefer all the funds to go to the Loan Fund?
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Re: Eastern Development Organization (EDO)

Postby Farsun » Tue May 03, 2016 4:21 pm

The FEC would like it split 50/50 between the General Fund and the Loan Fund.
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Re: Eastern Development Organization (EDO)

Postby Liu Che/Zhuli » Tue May 03, 2016 4:26 pm

It is done. Thank you very much again for your contribution. Please, do think of development projects for the future.
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Re: Eastern Development Organization (EDO)

Postby Farsun » Tue May 03, 2016 4:34 pm

Liu Che/Zhuli wrote:It is done. Thank you very much again for your contribution. Please, do think of development projects for the future.


Representatives from the Dorvish FEC would like to make the suggestions of a 2b LOD infrastructure development project for Temania to build power and telecommunications infrastructure. 1.75b coming from the General Fund to allow for nations on Temania to build a line of credit with international organizations and 250m coming from the loan fund to immediately be injected into the project. Despite the wish to have 100b LOD in the fund, it would benefit the EDO to gain credibility that it can finish minor projects at first.
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Re: Eastern Development Organization (EDO)

Postby Zongxian » Tue May 03, 2016 4:37 pm

The Imperial House of Ryeo will donate an 150 million LOD to the EDO General Fund.

Muhandae Group shall invest 10 billion LOD in the EDO General Fund (50%) and Loan Fund (50%).

Haedodi Corporation shall invest 8 billion LOD in the EDO Loan Fund (60%) and Grant Fund (40%).

OOC: Do correct me if any numbers don't make sense; I've never put much thought into aspects of my characters'/companys' wealth.
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Re: Eastern Development Organization (EDO)

Postby Reddy » Tue May 03, 2016 5:29 pm

The Government of Aldegar wishes to invest the amount of 2.5 billion LOD to be divided in the following manner among the three Funds of the Eastern Development Organisation.

General Fund: 800 million LOD

Loan Fund: 1.2 billion LOD

Grant Fund: 500 million LOD
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