On October 15 and 16, Worldway Immigration Agency, as the sole chief agent in China, held the first promotion conference for the U.S. investment immigration Maryland State Government Office Building Reconstruction Project in Beijing, Shenzhen, and Qingdao. Project Regional Center representative Mr. John Jiang, Asia-Pacific Director Joel Craig, and Mr. Dale Oswald, Asia Market Director of Mankong International, passionately introduced the advantages of the project to the attending investment immigration clients. Faced with this U.S. EB-5 project, which has deep government involvement, an AAA state credit rating guarantee, and highly transparent bond issuance, investment immigration clients showed great enthusiasm for subscriptions, creating a lively atmosphere on-site. Especially at the Worldway Beijing company subscription event, many investment immigration clients attended, resulting in some clients sitting outside the venue to listen to the entire presentation.
Project Regional Center representative Mr. John Jiang first provided a brief introduction to the project. The Maryland State Government Office Building Reconstruction Project launched by Worldway has a total investment of $230 million, aimed at developing a new office building for the Maryland State Government. Once completed, over 3,500 employees from 16 state government departments will work there. At the same time, Mr. John Jiang also introduced the situation in Maryland. According to official data, Maryland has a highly developed economy, with an average annual income ranking first in the United States, and it is also one of the states with the lowest unemployment rates in the country. The state government’s credit has been jointly rated as AAA by the three major international credit rating agencies: S&P, Fitch, and Moody's.
Regarding the several major advantages of this project, one of the invited speakers, Asia-Pacific Director Joel Craig, shared with everyone. First, this project is a 100% government project, where the government not only invests in the project developer's construction but also provides financial support during the project development. More importantly, after the project is completed, the state government will use the completed office building and has already signed a 20-year lease agreement with the developer, leasing 85% of the total rental area.
Secondly, the Maryland State Government, which is deeply involved in this project, has the highest credit rating of AAA, even higher than that of the U.S. federal government. With such a high credit rating guarantee, the project's continued operational capability is beyond doubt.
In addition, the high transparency of bond financing in this project is also a major highlight. Of the total investment of $230 million, 72% is financed through bond issuance, managed by the renowned bond underwriter CGA. CGA has successfully issued $12 billion in bonds over the past 20 years and is a bond financing service provider for multiple banks. This time, leveraging years of successful experience, CGA has committed to completing $135 million in financing within 30-45 days, with any unfinished portion being underwritten by itself.
Faced with such significant project advantages, investment immigration clients are very enthusiastic about the Maryland State Government Office Building Project launched by Worldway, actively subscribing, creating a lively scene. Therefore, Worldway Immigration Agency has decided to hold another promotion conference for the project on October 22 and 23, providing more investment immigration clients with the opportunity to subscribe to the project, and sincerely invites attendance.
