Chapter 651: Full Cooperation
Carrying the burden of Amritsar on its back is not without its benefits.
First of all, it was highly appreciated by the Pakistani authorities.
Although Amritri is an Indian city and Pakistan has no territorial ambitions, Amritz is important on a strategic level.
Why?
Lahore, which borders Pakistan, is Pakistan's most populous city and an important border town.
The existence of Amritsar is equivalent to providing a buffer zone for Lahore.
In fact, this is the reason why Pakistan tried to get the United Nations to take over Amritsar, and it was the reason why Amritsar later became a free trade city.
As long as Amrli is an undefended city, it is equivalent to giving Lahore hundreds of kilometers of defensive depth.
Obviously, from the point of view of protecting Lahore, Amritsar is too important.
In addition, Lahore is also Pakistan's industrial hub in the northern region and has the potential to become Pakistan's manufacturing hub in the future.
If Amritri were a free trade city, then from here, it would be possible to export goods to India, thereby gaining access to and control the Indian market.
Pakistan is India's long-cherished enemy, but going to India to make money will obviously not be opposed.
Also, Amritsar is too close to Kashmir.
As long as the Amritsar issue is not resolved, India will definitely not be able to challenge Pakistan in the direction of Kashmir and will not be able to pose a threat.
Why?
From Lahore, Pakistani troops can threaten Jalandhar via Amritsar, which is a necessary point for India to advance into Kashmir.
With the rear unsaved, what will India do to threaten Kashmir?
From this point of view, the better Amritsar develops, the more it will help Pakistan and even indirectly improve Pakistan's national security.
And, of course, help the Pakistani authorities to solve the problem of veterans.
In the first year, Angu hired 100,000 retired soldiers, all of whom were well paid, greatly reducing the burden on the Pakistani authorities.
In the past three years, Angu has employed nearly 300,000 Pakistani veterans.
Although the vast majority of them are temporary employees, at least $60,000 a year is enough for these veterans.
In fact, what they are doing in Amritsar is mainly to maintain law and order, and the task intensity is not very large.
On an economic level, there is also a huge significance.
Why?
Nearly 300,000 Pakistani veterans work in Angu, generating more than $10 billion in foreign exchange for Pakistan every year, and this money feeds about 3 million Pakistanis, who create millions of jobs for their domestic consumption.
Of course, the post-war reconstruction of Lahore has also been greatly accelerated.
Why?
Most of the nearly 300,000 Pakistani employees have their homes in Lahore and earn a lot of money, making them the upper middle class there.
It was the arrival of these people that brought hope to Lahore.
With more than 200,000 employees in Lahore and at least 1.5 million families in Lahore, Yunlong estimates, Yunlong estimates that the market it has created has brought billions of dollars in additional income to Lahore, much of which was spent on post-war reconstruction.
In other words, the Pakistani authorities have saved billions of dollars in reconstruction costs.
For post-war Pakistan, funding was the biggest problem.
You know, this war has also destroyed Pakistan's economy.
Getting the Pakistani authorities to come up with billions of dollars is not necessarily an easy task.
It is precisely in this way that the relationship between the "Angu" company and the Pakistani authorities has entered a honeymoon period, and Wang Dong and Yunlong have become the guests of the Pakistani prime minister.
As a result, cooperation with Pakistan has been deepened.
Soon after the end of the war, Angu signed a contract with the Pakistani authorities to hire dozens of pilots with combat experience, including the number one ace of the Pakistan Air Force, at a high price, and then sent these personnel to Saudi Arabia and other Arab League countries as flight instructors.
With this, Yunlong proposed his willingness to cooperate with the Pakistani authorities.
What cooperation?
Joint promotion of JF-20 fighters produced by Pakistan Airlines.
After months of intense negotiations, the two sides finally reached an agreement for D&F to buy a 25 percent stake in Pakistan Airlines for US$5 billion and a 24 percent stake for Angu for US$4.8 billion, making it the second and third largest shareholders respectively.
The D&F company took out real money, and the "Angu" company issued an IOU.
In other words, it only took $5 billion to get a 49% stake in Pakistan Airlines.
Subsequently, Yunlong became the CEO of Pakistan Airlines.
Of course, he only stayed in this position for less than half a year before giving way to the returning Musharraf.
It is through this series of operations that D&F has successfully entered the field of military aviation and has its own product range.
Shortly thereafter, D&F marketed the JF-20 to Bangladesh and Myanmar.
Of course, this is just the beginning.
As a shareholder of Pakistan Airlines, D&F was indirectly involved in the development and production of the JF-30 fighter, laying the foundation for the future promotion of this pure fifth-generation fighter on a global scale, and also laying the groundwork for becoming the world's largest military aircraft manufacturer in the future.
In fact, Pakistan is also not capable of participating in the development of the JF-30.
Why?
No money.
The sale of a 49 percent stake in Pakistan Airlines for $5 billion was due to a lack of money.
Because it is an international cooperation project, Pakistan cannot come up with enough funds, which will inevitably lead to the extension of the development time of the JF-30 project.
It's just that D&F didn't spend a penny.
Why?
The $5 billion spent on the shares came from Saudi sovereign funds, and it was an interest-free loan that took up to 20 years to repay.
Why does Saudi Arabia offer interest-free loans?
Very simply, Saudi Arabia wants to obtain JF-30 fighters as soon as possible, and will try to ensure that the development of fighters can be successfully completed.
Of course, the acquisition of a stake in Pakistan Airlines is only part of the partnership with Pakistan.
By the end of the war, D&F had become Pakistan's main defense contractor, or more precisely, an arms supplier.
From rifles to vehicles, D&F offers a full range of products.
It is this all-round cooperation that has allowed D&F to grow rapidly and become one of the largest arms manufacturers in the world.
Of course, Angu also benefits from this.
In fact, Angu has long become the world's largest defense contractor, and it is not wrong to say that it is the largest mercenary.