Qian Wenhan was invited to stay in Drake for a week, to experience life far away from modern civilized cities, without all kinds of entertainment, but in noisy construction sites, pristine wilderness and dilapidated towns. Afterwards, Cao Mo accompanied Qian Wenhan to the place.
Draculamore, discussing the injection of capital into Cornero Energy.
This time they chose to take the overland route, crossing Benin and passing through Katero, the capital of Kanem Oyo State, where they stopped for a day.
After accepting the gracious banquet hosted by Oyo State Governor Blake's family, they drove out of Catero city early the next morning and headed west along the gravel road on the north bank of the Ogun River.
"That's the Catero Steel Plant there?" Qian Wenhan and Cao Mo were riding in the same off-road vehicle and asked, pointing to the two blast furnaces emitting billowing black smoke in front of their field of vision.
"Don't mention this sad thing. I ran around for more than four months, and everything was agreed upon. I was messed up by that bastard Han Shaorong, and became a delicious meal on their plate. I was so angry that my head was beating for several days. Guinea
The iron ore trade of the Gulf Shipping Company has not been developed in any substantial way until now. What a shame!" Cao Mo was not a completely temperless person, and he felt quite unhappy when he mentioned this matter.
Of course, Cao Mo has too many things to do at the moment, and he doesn't have the energy to quarrel with people like Han Shaorong, Lu Jianchao, and Liang Yuan for the time being, so he can only keep this matter in mind for the time being.
Going on the dusty gravel road, we quickly bypassed the old factory area of the Catero Steel Plant. Beyond that was a large and bustling construction site. This was Han Shaorong's joint venture with the New Steel Federation and Taihua's building in the old Catero Steel Plant.
In addition, there is a construction site for a new crude steel plant with an annual output of 300,000 tons and a dedicated iron and coal terminal on the Ogun River.
Along the road, you can see Chinese and English slogans of MCC. Han Shaorong and others have contracted all these projects to the state-owned Metallurgical Corporation of China. It is expected that they will be completed and put into operation by this time next year, which can be said to be extremely fast.
From a distance, I saw a tall billboard erected on the roadside, marked with the words "Katero Steel Industrial Park".
Whether it is an old plant or a new plant under construction, Catero Steel Plant not only produces crude steel, but also produces part of the rails needed for the construction of Kanem's domestic railways.
However, to truly meet the structural steel, tool steel, mold steel, hard wire, etc. needed for the economic and industrial development of Kanem and West Africa, as well as urban and rural construction, various professional steel processing plants are needed to implement it.
The steel industry chain in Kanem and the entire West African region is extremely imperfect.
Han Shaorong and others acquired the Canelo Steel Plant and increased capital to expand the new plant. It is impossible to transport the produced steel billet back to the country, and then import it to Canelo after deep processing. They still need to gradually improve the industrial chain in the Canelo area, and finally the production can be directly put into production.
Only the steel products used can absorb the crude steel production capacity of the Canelo Steel Plant.
Naturally, New Steel Alliance has related product lines and technologies, but they set up a steel industrial park to attract foreign investment with the same idea as they did in attracting investors to build copper smelting and processing in Drake, which is to reduce their own investment as much as possible.
pressure.
At this time, two off-road vehicles turned into the construction site in front of them. Cao Mo was talking to Qian Wenhan. He didn't see who was sitting in the off-road vehicle, but Zhou Han's eyes in the passenger seat were dim, so he guessed that Liang Yuan should
Just in one of the off-road vehicles.
In their joint venture, Liang Yuan personally holds 20% of the shares. After the Lu family and Liang Yuan reconciled, Liang Yuan arrived at Kanem again, accompanied by multiple bodyguards at all times.
There's nothing you can do about him.
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Currently, it is more convenient to go from Catero to Lonta via Draculamo.
The roads have all been built. Although they are all gravel roads, they are very smooth. Tall palm trees and flowers are planted along the roads.
As long as you don't get too involved in the local people's lives and just drive by, the scenery along the way will be pretty good.
Entering the Conero Lake Industrial Park area, the factory buildings in the park are also very simple. The exterior walls cannot afford expensive decorative materials. Most of them are painted with a layer of cement or even lime. The ceilings are mostly made of lightweight color steel tiles, but in
In terms of landscaping, Yang Deshan spent a lot of effort and took advantage of the low cost of local labor to hire a gardening maintenance team of more than a hundred people.
Large areas of palms, jacarandas and other flowers and trees have been planted on the roads and within the factory area, making the entire park look like a leisure farm.
There is no money to build luxurious high-rise buildings in the new town. The main streets are mainly built with four to five-story new buildings on both sides. The Chinese and management employee communities are mainly made of wooden villas, which are also very distinctive; ordinary employees
The dormitory area can currently accommodate 20,000 people.
Yang Deshan implemented quasi-military management of the park and strengthened control over the entrance and exit of the park. Cao Mo and the others will park in the new town. It is already a bit busy here, but everything is in order.
At present, the entire park can provide more than two million U.S. dollars in fiscal revenue to the Lungta area every month. This is not worth mentioning in China, but it is quite significant for the Lungta area that used to be impoverished.
considerable.
As the international gold price continues to rise, Ibogu Mining's two mines on the north bank of the Ibogu River can still pay nearly US$3 million in special resource taxes and other taxes to the regional government and the Oyo State government every month.
Even if we don't mention the Sika family, the Felician family, like the Blake family, has become increasingly influential in the local area. In terms of pure tax contribution, Cao Mo is currently also a major financial backer in Oyo state and Lonta region.
Of course, after two years of construction, the Taihua Industrial Park, the New Taihua Refinery, and the New Taihua Resort Hotel are now being completed and put into trial operation, and they are gaining momentum.
Since the beginning of this year, international crude oil prices have continued to rise by leaps and bounds. After entering April, the New York crude oil futures index rose to US$120 per barrel.
Benefiting from the surge in crude oil prices, Kanem's crude oil exports exceeded US$10 billion every month in the first half of this year, which also stimulated Kanem's domestic infrastructure investment and a surge in industrial products and fuel consumption.
Before the first phase of the New Taihua Refinery was completed and put into trial operation, Lu Jianchao could not wait to join forces with Han Shaorong's Huamao Investment and Fulkov Investment, headed by the Oppenheimer family, to add an additional US$400 million to build a larger-scale fuel oil refinery.
and polypropylene and ethylene projects; Taihua Industrial Park also clearly regards the second phase of the project as a petrochemical industrial park, with an additional investment of US$100 million.
Politically, it relies on Nitz Oppenheimer. In terms of capital, in addition to the listed Taihua Group, it also has the stronger Huamao Investment.
After Fulkov Investment, led by the Oppenheimer family, took over Western Union Petroleum, it successively spent US$200 million on Western Union Petroleum's business expansion and participated in the renewal of many projects such as the Conero Lake Port, demonstrating its extraordinary strength.
Therefore, the southern shore of Lake Cornero has once again overshadowed the northern shore.
Cao Mo had no intention of competing with anyone for the limelight. In terms of capital strength, Han Shaorong's Huamao Investment alone was stronger than him, Qian Wenhan and Dongsheng combined. What's more, Dongsheng's current attitude was still wavering.
They rushed to the Cornero Lake Industrial Park, where Brahm and his father Rupert had already
Waiting here.
In late April, Longta is in the rainy season with abundant rainfall, and the weather is relatively cooler. Sitting in the coconut grove on the shores of Lake Cornero, looking at the vast expanse of waves, I feel happy.
The Draculamore Power Supply Group has accumulated a lot of debt that cannot be repaid in advance. A considerable part of its annual revenue has to be filled into this bottomless pit. It is simply unable to transform the existing power grid facilities on a large scale, leading to a deeper and deeper sinking.
in a vicious cycle.
The model of Conero Energy and Sika Aid Power Grid Co., Ltd. allows the top management of Draculamo Power Supply to see a glimmer of hope in getting rid of the old stubborn problems. However, it is hoped that the current scale of Cornero Energy and Sika Aid Grid Co., Ltd. is still small.
Too young to participate in the power grid upgrade and transformation of Draculamore City.
Cao Mo stayed at Drake for the next three or four months after New Year's Day, but he entrusted Brahm to communicate with all parties, trying to bring together Cornero Energy and Sika Aidate Grid Company to merge, so that the power business could be merged.
Really grow bigger and transcend regional restrictions.
Only in this way does it make sense for Qian Wenhan to inject capital.
On the Cornero Energy side, the major shareholder Dongsheng has temporarily lowered its emphasis on investment in Africa, and is currently counting on Cao Mo and Qian Wenhan to help with the increasingly tight capital supply; the other major shareholder Draculamo Power Supply Group has even
He is an active promoter of the whole thing. He hopes that Cornero Energy can truly develop and become an important helping hand for Draculamore Power Supply Group.
Sika Aidet Power Grid Company is also relatively simple. Even Nitz Oppenheimer, whose attitude has become ambiguous, has no objection to the merger of the two companies because the Taihua Industrial Park needs more reliable and stable power supply.
The valuation of the new Conero Energy Group has reached US$250,000. Cao Mo will also rejoin Conero Energy with Longta Natural Gas Company, Longxi Power Grid Company and US$10 million in cash, receiving 20 million new shares.
After the establishment of the new Conero Energy Group, the equity relationship is more balanced. Cao Mo no longer needs to use Longta Natural Gas Company and Longxi Power Grid Company as bargaining chips in his own hands. This is also for the industrial development and scientific and technological development along the shores of Lake Conero.
Nero Energy's own expansion has opened up the final bottleneck.
Only in this way can channels for external financing be opened.
Otherwise, seeing that Cornero Energy, with such a high asset valuation, actually has a little tail that Cao Mo is holding in the other hand, even if Qian Wenhan has a good relationship, he will not be able to take care of him so easily.
Thirty million US dollars invested.
The new Cornero Energy Group has also re-elected its board of directors, Dongsheng Group, Draculamo Power Supply Group, Sika Family, Felician Family, Blake Family, Rupert Family, Oppenheimer Family and Yang Deshan
All joined the board of directors, with Abacha serving as chairman of the board.
Brahm succeeded Abacha, and Yang Deshan became the president of Cornero Energy. After Yang Deshan withdrew from Cornero Energy, in addition to continuing to be responsible for the construction and development of the Conero Lake Industrial Park, he and Wendy Skaff will also serve as the president of Cornero Cement.
Co-President.
Cao Mo also transferred his personal shares in Conero Lake Industrial Park to Conero Energy in exchange for 10 million new shares.
In this way, Cao Mo's asset system in West Africa has been completely straightened out. Tianyue Investment under his personal name and the offshore company Tianyue International hold 60% of the shares in Cornero Food and 69% of the shares in Yibogu Mining.
%, the shareholding in Conero Lake Cement will also be reduced to 70% after the transaction with Qian Wenhan, the shareholding in Conero Energy will be 10%, the shareholding in Gulf of Guinea Shipping and Mining Company will be 35%, and the shareholding in Tianyue Industry