Chapter 1058: Chapter 789: German-Italian Agreement

As with the previous Cromwell Tank Factory, the production line for the T-series tanks was separated from the Royal Military Factory to establish Australasia's first Tank Factory.

The newly independent First Tank Factory, being an extremely important part of the tank military industry, naturally had to be controlled by the royal family and the government.

After negotiations with the government, the First Tank Factory would transition from being solely owned by the royal family to a joint venture with the government.

Of course, the government was very sincere. The Royal financial group used the data and the production lines of various tank series to take shares, holding 75% of the total shares of the First Tank Factory.

While the government invested 25 million Australian dollars and provided the site for the Tank Factory, including the complete improvement of the Tank Factory, holding a 25% stake.