“This project has a total investment of US$1.68 billion and will be completed in three phases with a hydropower station with a total installed capacity of US$1.4 billion!
The original intention of the Mozambican government was for third-party investment, and the income from the hydropower station would be the return on investment!" Wang Wenshuai briefly introduced the situation.
"Isn't it a loan for construction?"
“At the beginning, we hoped to find investors to invest in the construction of hydropower stations! However, the market response was lackluster and no one had confidence in the expected returns!
Therefore, Mozambique had no choice but to change its application for international aid loans!
Our Export-Import Bank has reached a preliminary agreement with Mozambique to loan Mozambique a total of US$1.68 billion in aid loans over five years!”
"How is the safety there? Is the political situation in Mozambique stable?" Yu Qingyang had no information about the political situation in Mozambique in his mind, so he did not dare to make a decision easily.
“Mozambique has a multi-party parliamentary and presidential system, and the current ruling party is FRELIMO. The political situation has been relatively stable in the past ten years!
Mozambique has been committed to economic development in the past ten years and has a relatively friendly attitude towards foreign businessmen!
In terms of investment environment, it ranks among the top in Africa!
The country is quite optimistic about the future development of Mozambique and believes that if there are no external factors, the peace in Mozambique will not be broken!" Wang Wenshuai knows Mozambique quite well and briefly introduced the situation in Mozambique.
Yu Qingyang wanted to say that if there were no external factors, Afghanistan would always be peaceful.
Of course, this cannot be said for Afghanistan, after all, Afghanistan is still peaceful, and the whole world is optimistic about Afghanistan, because the United States has just announced the lifting of economic sanctions on Afghanistan.
Businessmen from many countries regard Algeria as an investment hotspot in Africa.
"President Wang means to recommend us to participate in the construction of hydropower stations?" Yu Qingyang asked with a smile.
This is the power of capital. I can lend you a loan, but I have to designate the construction party.
Of course, the words will not be so straightforward. It will only be a recommendation, a well-intentioned recommendation. It is up to you whether to use it or not. This is your freedom. We will not interfere. We just feel that a certain company is good and recommend it to you, that's all.
However, if you don’t use it, then we need a loan. Sorry, after our comprehensive evaluation, you do not meet the loan conditions. We look forward to our next cooperation.
This is the same routine both domestically and abroad.
"Actually, what I mean is that you, Hua Yu, will come forward to discuss investment with Mozambique!
And our Export-Import Bank will give you a loan to Hua Yu!" Wang Wenshuai smiled and expressed his thoughts.
"President Wang, you just said that the world's major financial institutions and investors have no confidence in the profitability of the Zambezi Hydropower Station in Mozambique. Now you want me to invest?
Do you really think that our Hua Yu's money was brought by the strong wind?" Yu Qingyang joked with a smile.
"Haha! Just listen to what I have to say!" Wang Wenshuai said with a smile: "Don't you want to invest in a steel plant?
Then the upstream mineral resources are naturally indispensable!
I don’t know if you know it or not, but our domestic steel companies have often been embarrassed by foreign miners in recent years!
We are the largest importer of ore, but we have no pricing power!
Why? The reason is, isn’t it because those mineral resources are monopolized by Western countries?”
"Then you mean, I invest in the Zambezi Hydropower Station and take the opportunity to invest in iron ore?"
"It's not just iron ore! Mozambique is also rich in mineral resources such as gold, copper, tantalum, titanium, aluminum, diamond, coal and natural gas. In particular, the reserves of coal, titanium and tantalum are among the best in the world!"
Yu Qingyang did not speak. Following Wang Wenshuai's introduction, Yu Qingyang had an impression of Mozambique in his mind.
An African country in the southern part of the Sahara Desert, adjacent to the Republic of South Africa.
Yu Qingyang was impressed because he once read a report that the entire country of South Africa has a very poor credit rating.
Mozambique's credit rating is even rated as "junk".
Such a level means that if the money grows hairy or rotten there, it cannot be lent to him.
Yu Qingyang basically understood Wang Wenshuai's thoughts and ideas.
Loaning to Mozambique is a national policy, a policy towards Africa, and a guiding principle from the high ground of national leaders.
Even if the loan cannot be recovered, the loan will still be given to Mozambique. In fact, the country has no intention of recovering this loan.
Wang Wenshuai was unwilling to give in, and more than one billion US dollars of funds were wasted.
But did he have the ability to stop it, or didn't dare to compete with the country's major policies, so he found Yu Qingyang.
With Hua Yu involved, it would be different.
That is to say, after completing the tasks assigned by the state, there is no need to worry about not getting back the loaned funds.
Because the lender changed from Mozambique to Huayu.
Huayu Investment will use this money to invest in the construction of hydropower stations.
As for how Hua Yu recovers his investment, as Wang Wenshuai said just now, Mozambique is rich in mineral resources.
Hua Yu could have negotiated before investing, changing the income from selling electricity from hydropower stations to repaying it with mineral resources.
Just like the hydropower station Yu Qingyang invested in Algeria, I don’t need any money to build the hydropower station, but you give me tax exemptions and mine contracting fees.
In short, Mozambique, which is rich in natural resources and mineral resources, can always find a way to recover its investment as long as it is determined.
"Thank you very much, President Wang, for your kindness! However, I'm afraid I will live up to President Wang's kindness!"
We have decided to invest in Guinea and help Guinea build a hydropower station with a total installed capacity of one million kilowatts and a coastal road on the Niger River!
In exchange for our exploration rights and priority contracting rights in Guinea!" Yu Qingyang said nonchalantly.
Are you kidding? You are obviously asking me for help, but now you are acting like you help me and I owe you a favor.
Yu Qingyang didn't follow his example.
If you need help, you can mention it openly. For Zhang Hua's sake, I will naturally go all out to help.
But don't take me for a fool!
I, Hua Yu, am in Africa and want to invest in that country. Do I still need your Export-Import Bank to help me connect?
We also underestimate our development in Africa in recent years.
When Wang Wenshuai heard that Yu Qingyang refused so simply, his expression changed, and then he smiled and said: "Director Yu, I heard that your Hua Yu recently acquired Feiyue Construction in Beijing.
You Huayu has eight engineering companies. Even if you invest in Guinea and Mozambique at the same time, you can still be busy!
In Mozambique, we provide full low-interest loans, so Huayu doesn’t have to worry about financial pressure!”
"Haha!" Yu Qingyang smiled, picked up the wine glass, and played with it in his hand without saying anything.
A low-interest loan is like asking me to work for you and buying your favor?