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Chapter 95 Selfishness

Abacha also followed Cao Mo and Stali to Catero secretly overnight and stayed in Ochosan's private house in Catero, waiting for senior officials from the United Bank of Oman to arrive to meet them.

Ochosan's wife is a kind-hearted woman with three-quarters of Italian ancestry, and is also a descendant of the colonists in Canem.

Their house in Catero is a small house with a beautifully maintained courtyard.

The Ojosan couple's previous teaching jobs at Oyo State Junior College did not earn much, but they were people who knew how to clean up their lives.

To be cautious, it was not appropriate for Stari to appear in public, so Cao Mo and the others stayed overnight at Ochosan's house. At noon the next day, senior officials from the United Bank of Oman rushed to Catero and met at Ochosan's house.

United Bank of Oman, as the custodian of Stari Private Trust Fund, is an ancient financial institution that has its roots in Canem Dracula since the colonial period.

In the 1980s, the military government of Kanem ordered the seizure of the staff of the United Bank of Oman in Draculamo and requested that the assets of the descendants of the colonists be frozen.

The United Bank of Oman ultimately resisted the pressure and is therefore highly trusted by the descendants of the colonists.

After secretly signing a series of legal documents, Cao Mo, as Stari's senior personal advisor and entrusted executor, was responsible for all the funds in the trust fund being used for the construction and operation of the two hydropower stations on the upper reaches of the Raven River, but United Bank of Oman will also continue to be responsible.

The custodian of this trust fund.

On the surface, it was the United Bank of Oman that funded the project and entrusted Cao Mo to be responsible for the construction and operation of the two terraced hydropower stations on the Gray Crow River.

As the third largest tributary of the Lukaku River, the Gray Crow River has an altitude difference of more than 200 meters in Kanem. It is completely possible to build multiple stepped small hydropower stations at the same time to fully exploit and utilize hydropower resources.

At present, the upper reaches of the Raven River will be ostensibly funded by the United Bank of Oman and Felician Electric Power Company to build three stepped hydropower stations with a total annual power generation capacity of 50 million to 55 million kilowatt hours.

With this foundation, Abacha and the Felician family jointly acquired 51% of the equity of Sika Aidet Power Company, and at the same time split it up to form a new Sika Aidet Power Grid Company, and invited more investors to invest in the power grid.

The company participated in the construction of the Lonta-Daculamo transmission grid, paving the way for it.

As a compensatory condition, the newly formed power grid company signed an agreement agreeing that Felician Family Power Company will have the right to independently build a transmission grid in the Lonta area east of Ibogu in the future.

Cao Mo did this to ensure that if he wanted to build a large-scale modern cement plant south of the mouth of the Gray Crow River and east of Lake Cornero in the future, it would be directly powered by the hydropower station owned by the Felician Family Electric Power Company and would not need to be supplied by Sikaai.

Dete Power Grid Company ruthlessly peeled off a layer of skin from the middle.

Abacha also held his breath and wanted to seek justice from the Jidam family.

In order to ensure that the construction of the transmission grid is attractive enough, in addition to Sika Aidet Electric Power Company's 20% stake in the new power grid company with its power grid franchise, he discussed with Ochosan that the two companies would inject power into the new power grid company.

New funding is limited to US$200,000, with each taking 10% of the shares.

In this way, the new power grid company will leave 60% of the fundraising space to attract new investors.

After the specific plan was negotiated, Ochosan took his daughters Lily, Stari and Lucy directly from Catero to Benin that night.

Cao Mo also planned to return to Longta with Abacha overnight.

"Wait a minute..." Seeing Cao Mo about to get in the car, Stari ran over, hugged him tightly, and said in his ear, "When you return to China, remember to come see me..."

"You are my boss now. How dare I not go see you if I return to China?" Cao Mo intuitively felt that Stali was giving her a grateful hug, and he was embarrassed to put his hands on her plump little buttocks.

Seeing Stari getting into the car, Cao Mo also opened the door and got in, but Abacha punched him hard on the shoulder: "The butt of the gun on my forehead cannot be in vain!"

"That was a hug of thanks, and I didn't get anything..." Cao Mo said aggrievedly, covering his shoulder that was sore from Abacha's beating.

"Then I don't care, it's your problem if you don't get it in the end." Abacha said ruthlessly.

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Ochosan took Lily back to Catero after attending the academic conference for three days. They left Lucy in Benin to accompany Stari until Stari successfully left Benin for China.

At this time, Cao Mo accompanied Abacha back to Catero again, and went with Ojosan to visit the governor of Oyo State, Blake.

Blake is the first dignitary they want to secure to join the new power grid company.

Obviously, without Blake's participation, Abacha and Ochosan's weight is still too light.

Even if two or three families in Ogun State that can compete with the Jidam family in terms of political status can be persuaded to participate, Abacha may not be able to seize the actual operation of the power grid company without the equivalent strength to compete with them.

right.

Once the actual management and control of the power grid company changes hands, will these two families turn their backs on customers and in turn expel him and the Felician family to monopolize the power grid company? Or even cooperate with the Jidam family to completely destroy this place?

As a fool's joke, it is completely unpredictable.

Inviting Blake and his family to participate in the new grid company could possibly prevent this from happening.

In addition to Governor Blake's close personal relationship with Ojosan Felician Jr., his family itself has deep-rooted roots in Oyo State and Kanem.

In addition to owning large oil palm plantations in Oyo State, the Blake family also owns shares in several natural gas extraction companies in Kanem.

When contacted before, Blake expressed the hope to cooperate more closely with Dongsheng in oil palm plantations and crude palm oil exports.

At least according to rumors, Blake and his family are more reliable than the Guidam family.

Of course, the power grid company's share of investment allocated to the Blake family is only 20%, at most, US$400,000.

As long as the Bugac family always supports Abacha as chairman of the power grid company's board of directors, and Abacha also guarantees in his own name, the dividends the Blake family can take from the power grid company will not be less than $200,000 per year.

No matter how eager you are for quick success and quick profit, the annual guaranteed dividend of 50% is tempting enough.

Why should Blake hesitate about such an investment?

Blake's only request was that new investors be chosen from among the Patriotic Construction Front whenever possible.

No matter how bad it is, new investors cannot be chosen from the opponents of the Patriotic Construction Front, otherwise Blake will be very passive politically.

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The participation of the Blake family and the hydropower facilities built upstream are enough to ensure that the transmission network will be profitable after it is completed. The scale of profits in the later period will also be very possible. It is much easier than building a hydropower station group upstream. At this time, Abacha

Then we went to Draculamore and found Oppenheimer, who also belonged to the Patriotic Construction Front and had sons who held important positions in the Ogun Federal State Government and the Draculamore City Hall. The Rupert family talked about raising funds, and it was a matter of course.

The Rupert family itself is also an investor in Draculamore Power Group.

The investment in the transmission network is said to be huge, but just building a 10,000-volt high-voltage cable from Ibogu to the northern suburbs of Draculamo City and connecting it to the main network is limited.

Even taking into account the current high infrastructure costs in Kanem, if the construction standards are slightly improved, including land acquisition compensation, the investment will not require three million US dollars.

After all, we are not building an ultra-high voltage transmission grid with hundreds of thousands or millions of volts.

Except for Sika Adette Electric Power Company, which retains 20% of its shares through asset discounts, other investors raised US$1.6 million directly and borrowed the remaining construction funds from banks.

Kanem's banking industry is mainly concentrated in Draculamo, and the scale of funds that can be lent is very small. Cao Mo has no foundation in Kanem, and even the vast majority of Chinese businessmen do not need to count on it at all, but the new Sika Aid

The Special Network Company is endorsed by the Blake, Oppenheimer, and Rupert families. It is not difficult to find a bank in Draculamore to borrow more than one million US dollars.

Of course, Cao Mo proposed through Abacha and Ojosan that the new transmission grid should be contracted by China Civil Engineering Construction Corporation.

The level and efficiency of Kanem's local construction companies are still far behind those of CCECC.

In addition to the Ibogu River No. 1 Hydropower Station, Cao Mo also plans to directly hand over the construction of the three stepped hydropower stations in the upper reaches of the Raven River, with a total investment of nearly 6.5 million U.S. dollars, to China Civil Engineering Construction Corporation.

In this way, the construction schedules of the transmission network and the construction of upstream hydropower stations can be coordinated.

Cao Mo also has a selfish motive, which is to help China Civil Engineering Construction Corporation undertake these projects. In addition to further strengthening his relationship with China Civil Engineering Construction Corporation, he also hopes that China Civil Engineering Construction Corporation's branch in Cardiff can recruit people from tribes such as Ibogu and Koluo.

construction worker.

When China Civil Engineering Construction Corporation contracts medium and large-scale engineering projects in Africa, it mainly recruits management, technical personnel and foremen from the country, while ordinary workers are mainly recruited from the local area.

In this way, CCECC has saved labor costs and at the same time trained a group of construction workers for the local area.

It is a pity that the vast majority of local construction projects cannot make good use of these construction workers, let alone form formal construction teams, and China Civil Engineering Construction Corporation can only absorb a small number of locals who have received junior and secondary education.

Hire workers, sign long-term employment contracts and train them to become foremen.

However, this problem does not exist in Yibogu. Cao Mo hopes that China Civil Engineering Construction Corporation will help train more construction workers, the better, and the longer the training time, the better.

Next, the construction of the Gray Crow River Ladder Hydropower Station was to be started. Cao Mo directly registered the Felician Family Labor Service Company and appointed Pari as the supervisor. Not only did he include all the workers from the original infrastructure team into the labor service company, he also joined the science and technology department in the name of the company.

The Luo and other tribes recruited 200 workers to assist China Civil Engineering Construction Corporation in completing the project contracting tasks in Longta.

Cao Mo didn't earn a penny in labor agency fees at this time, and even reimbursed part of the operation and management expenses, but the ultimate goal was to hold these infrastructure workers who had been trained through each project as a resource.

.

Cao Mo directly gave up more than two million US dollars of profit space every year. This also made it possible for New Grid Company to negotiate with Draculamo Electric Power Group without insisting that they must get a higher price, and the negotiations were quickly concluded.

The electricity transmission price is eighteen cents per kilowatt hour.

The establishment and fund-raising of Sika Aidate Power Grid Company, the finalization of the power supply agreement with the Draculamo Electric Power Group, and the signing of the engineering planning, design and construction contracting agreement with the China Civil Engineering Construction Corporation branch in Cardiff were all based on Abacha.

As the leader, Ochosan stepped in to promote it.

Abacha also took this opportunity to rise to prominence in Draculamore's upper class society.

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Cao Mo stayed in Yibogu during this period and was mainly responsible for the survey, design and construction preparations for the three stepped hydropower stations on the Raven River.

The construction of transmission network is relatively easy, mainly because the preparatory work such as land acquisition in the early stage is time-consuming.

However, the land acquisition involved in the transmission grid is mainly large areas of oil palm plantations. On the one hand, these oil palm lands almost all belong to the largest families in Lonta. At the same time, these families themselves also hope that the transmission grid can run through the past.

This marks the beginning of the electrification era.

Promoting land acquisition is less difficult than imagined.

In comparison, the project volume of the three ladder hydropower stations is much larger.

It also happened to coincide with the rainy season in Kanem, so there were more uncontrollable factors affecting the construction.

China Civil Engineering Construction Corporation took over the entire project, but only transferred 12 Chinese engineering design supervisors and foremen to Liang Siqian; more construction workers were hired by Yibogu Labor Service Company and underwent a period of intensive training.

This is the practice of CCECC in contracting projects in Africa.

Otherwise, recruiting 200 construction workers from China would cost 10 to 20 million for the half-year construction period, which is simply not what any of Kanem's projects can afford.

Kanem is in the midst of a cement storm, and cement prices are frighteningly high.

It is currently the rainy season, which is quite unfavorable for construction.

Cao Mo and Liang Siqian, who continued to serve as the project leader on behalf of China Civil Engineering Construction Corporation, repeatedly studied the construction plan of the three-stage hydropower station, and finally decided to build the auxiliary station building and line installation first, while leaving the main projects such as the low dam and main station building

Construction should be postponed until after September as much as possible.

By then, the Ibogu Hydropower Station will be officially put into use. Regardless of whether Kanem's cement price drops or not, the Felician Family Building Materials Company's cement production costs will drop significantly. Cao Mo can offer a relatively favorable price to San

Tens of thousands of tons of finished cement will be supplied in batches for the main construction of the terraced hydropower stations, ensuring that three terraced hydropower stations will be completed before the end of the year...


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