We continue to believe that the key to greater understanding and the hopes for an even better relationship between the Kingdom of Mount Vema - Vema Seamount and other countries can be found in simple opportunities for exchange between Mount Vema and other countries.  As our nation grows, we continue to find ways to engage in meaningful dialogue with foreign governments and their citizens.  For the past several years, the number of foreign companies working with Mount Vema is growing steadily. Foreign companies continue to contribute to Mount Vema´s ever growing economy and economic growth across the world.

Trading with Mount Vema

-Trade Mount Vema Government Bonds-Mount Vema Corporate Bonds-The Currency of Mount Vema-Mount Vema Government Contracts-Design, Bid and Build infrastructure projects in: Education -Healthcare -Transportation -Communications -Merchant Marine -Security and Defense

Infrastructure Projects of Mount Vema

Infrastructures, the basic physical and organizational structures needed for the operation of the City Mount Vema, are already under development, and when completed, combined will form part of the facilities necessary for the economy to function at full capacity. The Government of Mount Vema is investing heavily to build the set of interconnected structural elements that will provide the framework that will support the entire economic development.

The infrastructure projects already under development (drawing boards) include the technical structures that will support the society, such as the seaport and breakwaters, accommodation, water supply, sewers, electricity, telecommunications, and more. These are the physical components currently needed and under development to provide the interrelated systems that will provide commodities and services essential to enable, sustain, and enhance the living conditions in Mount Vema.

The infrastructure under development will facilitate the production of goods and services, and also the distribution of finished products to markets, as well as basic services such as the financial system, the education system, the health care system, the system of government, and law enforcement, as well as emergency services.

The other types of infrastructure also under development includes capital assets that will serve the function of conveyance of people, vehicles, fluids, energy, and information which takes the form of networks for the transmission of electro-magnetic waves. As well as the control systems, software required to operate, manage and monitor the systems, the accessory buildings, plants, ships and vehicles that would also be an essential part of the system. Including fleets of ships and vehicles that will operate according to schedules such as public transit buses and garbage collection, as well as basic energy or communications facilities that are not usually part of a physical network, such as radio, and television broadcasting facilities.

Transportation infrastructure

The planned transportation infrastructures are not limited to ships, road and highway networks, bridges, tunnels, but also signage and markings, electrical systems (street lighting and traffic lights), and more, including canals and navigable waterways requiring continuous maintenance (dredging, etc.), ferries, seaports and lighthouses, airports, including air navigational systems.

Energy infrastructure

The planned energy infrastructure includes electrical power network, generation plants, local distribution and electric vehicle networks for charging electric vehicles. Fuel pipelines, associated storage, distribution terminals, as well as the fleets of tanker ships. Hot water production and distribution networks for district heating systems.

Water management infrastructure

The planned water management infrastructure includes drinking water supply, the system of pipes, storage reservoirs, pumps, valves, filtration and treatment equipment and meters, including buildings and structures to house the equipment, used for the collection, treatment and distribution of drinking water.

The water management infrastructure also includes sewage collection, and disposal of waste water, drainage systems (storm sewers, ditches, etc.) Irrigation systems (reservoirs, irrigation canals). Flood control systems (dikes, levees, pumping stations and floodgates).

Coastal management, including structures such as seawalls, breakwaters, groynes, floodgates, as well as the use of soft engineering techniques such as beach nourishment.

Communications infrastructure

The planned communications infrastructure includes the postal service and postal service sorting facilities. Telephone networks (land lines) including telephone exchange systems, and mobile phone networks.

Television and radio transmission stations for regular broadcasting services, cable television physical networks including receiving stations and cable distribution networks.

Internet infrastructure includes the internet backbone, core routers and server farms, local internet service providers as well as the protocols and other basic software required for the system to function. That includes specific websites, web-based services, social network services and internal web search engines.

Other communications infrastructures include communications satellites, undersea cables, private, government and dedicated telecommunications networks, such as those used for internal communication and monitoring by major infrastructure companies, by governments, by the military and by emergency services, as well as national research and education networks.

Solid waste management infrastructure

Solid waste management infrastructure includes garbage and recyclables collection, solid waste incinerators and plasma gasification facilities. Materials recovery facilities, and hazardous waste disposal facilities. Including specially designed equipment to protect the marine life and minimize pollution.

Earth monitoring infrastructure and measurement networks

Earth monitoring infrastructure and measurement networks in partnership with independent agencies includes meteorological monitoring networks, tidal monitoring networks, stream gauge monitoring networks, seismometer networks, earth observation satellite services, geodetic benchmarks, global positioning system and spatial data infrastructure.

Governance infrastructure

Governance infrastructure includes the political, legislative, law enforcement, justice and penal systems, as well as specialized facilities (government offices, courthouses, prisons, etc.), and specialized systems for collecting, storing and disseminating data, laws and regulation, such as civil registration, business and company registries, land registration, and maintenance of other government databases.

Also includes emergency services, such as police, fire protection, and ambulances, specialized vehicles, buildings, communications and dispatching systems.

Military infrastructure, including military bases, arms depots, training facilities, command centers, communication facilities, major weapons systems, fortifications, specialized arms manufacturing, and strategic reserves, headquarters, floating airfields, stores of military equipment, port installations, and maintenance stations.

Economic infrastructure

The economic infrastructure includes the banking system, financial institutions, the payment system, exchanges, the money supply, financial regulations, as well as accounting standards and regulations.

Manufacturing infrastructures includes industrial parks and special economic zones, industrial and processing plants for basic materials used as inputs in industry, specialized energy, transportation and water infrastructure used by industry, plus the public safety, zoning and the introduction of environmental laws and regulations that will govern and limit industrial activity, and standards organizations.

Aquaculture and fisheries infrastructure, includes specialized seafood and seafood transportation and storage facilities, fisheries price support systems (including fisheries insurance), fisheries health standards, food and seafood inspection, experimental fish farms and research centers and schools, the system of licensing and quota management, and enforcement systems against illegal fishing.

Social infrastructure

Social infrastructure include health care system, hospitals, the financing of health care, health insurance, the systems for regulation and testing of medications and medical procedures, the system for training, inspection and professional discipline of doctors and other medical professionals, public health monitoring and regulations, as well as coordination of measures taken during public health emergencies such as epidemics.

Other social infrastructure includes educational and research system and institutions for elementary and secondary schools, universities, specialized colleges, research institutions, the systems for financing and accrediting educational institutions.

Social welfare systems, includes both government support and private charity for people on lower income, for people in distress or victims of abuse to be taken care of by the government.

Cultural, sports and recreational infrastructure

Cultural, sports and recreational infrastructure includes marine reserves, parks, sports facilities, the system of sports leagues and associations. Cultural infrastructure, includes concert halls, museums, libraries, theatres, studios (film studios and recording studios), and specialized training facilities.

Business travel and tourism infrastructure, include both man-made and natural attractions, convention centers, hotels, restaurants, amusement parks, and other services that cater mainly to tourists and business travelers, as well as the systems for informing and attracting tourists, and travel insurance.

Critical infrastructure

Critical infrastructure include significant damage or destruction of the country’s infrastructure, the causes of serious disruption on the dependent system or organization, such as storm, tsunami or earthquake damage leading to loss of certain infrastructure, that could make it impossible for people to evacuate, and for emergency services to operate.

Urban (district) infrastructure

Urban (district) infrastructure includes streets, water distribution, sewers and facilities associated with soft infrastructure, such as parks, public pools and libraries.

Capital assets infrastructure that provide services

Capital assets infrastructure that provide services includes the physical assets that provide services to pay for the people that will be employed in the hard infrastructure sector who generally maintain, monitor, and operate the assets that do not offer services to the clients or users of the infrastructure. It includes the maintenance of the interactions between workers and clients to limit to administrative tasks concerning ordering, scheduling, and billing of services.

Infrastructure ownership and financing

Infrastructure in Mount Vema may be owned and managed by the Crown of Mount Vema, the state, the government (the tax payer) or by private companies, depending on how funds were raised. Generally speaking, most roads, ports and airports, water distribution systems and sewage networks will be crown or state owned, whereas most energy and telecommunications networks are likely to be privately owned. Government owned infrastructure may be paid for from taxes, tolls, or metered user fees, whereas private infrastructure will be paid for by metered user fees. However most investment projects are expected to be funded by the issuance of long-term bonds.

Infrastructure as an asset for pension funds

Pension funds have been a reliable source of investment for Mount Vema so far. Most pension funds have long-dated liabilities, with matching long-term investments. These large institutional investors need to protect the long-term value of their investments from inflationary debasement of currency and market fluctuations, and provide recurrent cash flows to pay for retiree benefits in the short-medium term have for several year now considered the City of Mount Vema infrastructure development as an ideal asset class that provides tangible advantages such as long duration (facilitating cash flow matching with long-term liabilities), protection against inflation and statistical diversification (low correlation with ‘traditional’ listed assets such as equity and fixed income investments), thus reducing overall portfolio volatility.

Infrastructure debt

Infrastructure debt seems to be a complex investment category reserved for highly sophisticated institutional investors who can gauge jurisdiction-specific risk parameters, assess a project’s long-term viability, understand transaction risks, conduct due diligence, negotiate (multi)creditors’ agreements, make timely decisions on consents and waivers, and analyze loan performance over time, however this is not the case with the City of Mount Vema development project where investment and returns can be a straight forward business.

Engineering

The infrastructure of the City of Mount Vema is designed by specialist engineers, urbanists and architects, who work with civil engineers on the design of bridges and transport networks, as well as water and waste management infrastructure.

The electrical power and lighting networks are designed in consultation with power engineers and electrical engineers. Telecommunications, computing and monitoring networks are designed in consultation with systems engineers, and the industrial and processing plant are designed in consultation with industrial engineers and process engineer.

Detailed Engineering

Engineers are invited from time to time to work on preparations of plans and technical specifications. They prepare detailed bill of materials, prepare detailed cost estimate, and establish general work schedule.

Tendering

Guest engineers also prepare administrative clauses and other tendering documents, organize and announce call for tenders on behalf of His Mount Vema Majesty’s Government. Answer contractor questions and issue addenda during the tendering process. Receive and analyze tenders, and make recommendations to His Mount Vema Majesty’s Government.

Construction Supervision

Once the construction contract has been signed between The Vema Seamount Authority and the general contractor, all authorizations have been obtained, and all pre-construction submittals have been received from the general contractor, the construction supervisor is instructed by The Vema Seamount Authority to issue an "Order to begin construction", and when construction is completed, the supervisor makes a final inspection, and issue a certificate of final completion.

Sources of funding

Most sectors will be financed by:

The Crown of Mount Vema – from sale of corporations owned by the crown, publishing of Mount Vema foundation literature, pre-reservation of off-plan real estate assets and sale of other goods and services owned by the Vema Seamount Authority.

The State of Mount Vema – from issuance of certificates, licenses, fees, and exports of Vema Seamount natural resources.

Mount Vema Government Spending – from privatization, issuance of government bonds, taxation, foreign exchange and other services.

Private Investment – from private, corporate and foreign direct investment though purchase of Mount Vema Corporate bonds. 

Trade in the Economy of Mount Vema

At present trade in the economy of Mount Vema is business to government (B2G) and business-to-business (B2B).

In most large economies, just like the economy of Mount Vema today, the overall volume of B2B (Business-to-Business) transactions is much higher than the volume of B2C transactions (business to customer). The primary reason for this is that in a typical supply chain there will be many B2B transactions involving sub components or raw materials, and only one B2C transaction, specifically sale of the finished product to the end customer.

While consumer goods usually cost little in comparison to B2B goods, the selling process involves high costs. Not only is it required to meet the buyer numerous times, but the buyer may ask for prototypes, samples and mock ups. Such detailed assessment serves the purpose of eliminating the risk of buying the wrong product or service.

There are more than one hundred establishments, part of the economic system of Mount Vema and each one plays an important role in keeping the economy of Mount Vema moving and there will be more than ten thousand by the end of the year 2020. Each one of these institutions will have their own budgets, and procurement services with some already actively trading. If you are a new business licensed to enter the market of Mount Vema you will find a well-established B2G and B2B market, and you will be able to trade at profit from day one.