Chapter 161: Chinese New Year's Eve (4)
(Today's guaranteed third watch, has been completed, this is the fourth watch, thank you Supreme Alliance for the night and night, there should be a more later)
The addition of Shen Ji has completely solved the source of funds for the construction of upstream hydropower stations.
This is very much in line with Kanem's social identity.
The vast majority of Kanem people lack a sense of saving, and the upper class of indigenous chieftaincy families generally lack a sense of investment, but they are so accustomed to the conditions that Li Qixi put forward that none of them even objected.
This has led to a rapid increase in the amount raised by the Omani Union Bank's special trust fund, which makes Cao Mo, who has been planning all this from beginning to end, a little unbelievable.
In less than a month, the $20 million investment required for the 12 newly started construction of small and medium-sized hydropower stations has been fully secured.
If it weren't for the construction potential of the China Soil Group in the card branch, there is also a limit, and in time for the Spring Festival, a group of engineering management and technical personnel of the China Soil Group chose to return to China for vacation, and Cao Mo and they would be able to start the construction of the second batch of small and medium-sized hydropower stations after the year.
Cao Mo invested money and did a lot of preparatory work, the construction of these small and medium-sized hydropower stations will be very fast, and the main bottleneck is stuck in the construction of strength and funds.
Cao Mo's previous plan was to expand the hydropower complex by $50 million in two years, but now it seems that it can be achieved within a year.
Even after the completion of the Yeshuixia Hydropower Station, the name of Conero Energy Investment Co., Ltd. can borrow funds from the special trust fund of the United Bank of Oman to pay for the construction of the China Earth Group.
In other words, the investment and construction of hydropower stations in the future can completely not occupy the cash flow on his hands.
So far, the construction funds for the first phase of the new cement plant, which totaled up to 9 million US dollars, have also been prepared, and the construction funds for the second phase of the new cement plant will be greatly reduced, only 4 million US dollars.
Although the price of finished cement in Draculamo has fallen to $280 by this time, and the average price of finished cement in Kanem has fallen by $250, the Ipogu cement plant will still be able to provide an excess profit of nearly $6 million in the next three months.
The four hydropower stations that have already been built, including the Gray Crow River and the Ibogu River, will provide a large amount of cash repatriation in the next three months.
If the special trust fund raised by the United Bank of Oman is wealthy, and the construction speed of the hydropower station cannot keep up for a while due to the limitation of infrastructure construction capacity, Cao Mo can even buy the Felician family power company in the name of Linero Investment Co., Ltd.
In this way, more than $3 million that was previously invested in the transmission and distribution of upstream hydropower stations and industrial parks by the Felician family power company can be cashed out at a certain premium.
In other words, in the next three months, even if the construction funds for the second phase of the new cement plant are deducted, Cao Mo's cash available will reach 8 million US dollars.
Three months later, the first phase of the new cement plant, which has a designed capacity of 300,000 tons per year, will be completed.
Considering that the price of Draculamore's finished cement will fall to the level of the early stage of the cement storm, which is less than $200 per tonne, Felician Construction Materials will not only triple its production capacity, but also further reduce production costs, which ensures that the monthly profit scale can remain at about $4 million.
This is still an unimaginable windfall profit for domestic cement manufacturers.
By then, the monthly power supply of the hydropower plant cluster will be gradually expanded by 25 million kWh, and about US$1.5 million in cash will be returned every month, including the depreciation of facilities and equipment.
At that point, the cash flow in Cao Mo's hands can be said to be completely relaxed.
For now, the operation and management of small hydropower plants is relatively simple, but the cluster of thirty or forty hydropower stations, especially since they have built a separate transmission grid in the name of the Felician family power company to supply power to the western part of Lunta, the allocation of resources between different reservoirs and power stations is also very particular, and the operation team needs to be strengthened in the future.
Conero Engineering Co., Ltd., which was registered on the basis of the infrastructure team, has been continuously absorbing and training engineering construction workers, but lacks construction management and technical personnel, and also lacks the necessary construction machinery and equipment.
At present, even if there is some profit from Conero Engineering Co., Ltd., it is used for team building and staff skills training.
The city of Draculamo and even Catalo, the capital of Oyo State, are not small in terms of urban construction, and in addition to foreign-funded contractors, there are hundreds of large and small engineering contractors in the local area, but most of them have unclear ties to indigenous families and gang forces.
Cao Mo doesn't want to recruit engineering management technicians with complex backgrounds, so she can only recruit fresh graduates from Oyo State College, Lagos University and other colleges and universities in Kanem, but it will take some time for these people to grow up.
Cao Mo's current practice is to send these recruited novices to various hydropower station construction sites as construction and supervision assistants, and learn from the people of Zhongtu Group first.
Even if two additional engineering teams were formed and some construction equipment was added, at present, it is only to undertake the construction of simple bridges, low-rise slabs and other simple projects, and China Soil Group is also hired as a supervisor.
Cao Mo also talked to Liang Siqian and asked him to select six to eight experienced construction engineers from the China Earth Group to form an operation team to take over the operation of Conero Engineering Co., Ltd., and he could directly give them 20% of the shares.
However, the scale of Conero Engineering Co., Ltd. is too small and the technical force is too weak, and it is almost impossible to undertake any lucrative large and medium-sized projects without Longta, and Liang Siqian is also hesitant.
He only promised to wait for the completion of this year's expansion of the Yeyang Gorge medium-sized hydropower station and the hydropower station group in the upper reaches of the Lujiaochuan River
Consider.
Even after the completion of the new cement plant and gold ore refinery, the process technology can only barely reach the domestic average, not only need to train a team of management and engineers, but also need to establish a corresponding R&D and quality management system, in the next year, it is difficult to say that a new factory will be built.
In addition to Oyo State College, the University of Lagos in Dracula produces more than 5,000 graduates for the society every year.
It takes time to continuously absorb fresh blood from the local area, integrate into their current team that can only be said to be rudimentary, lower-level, and then twist into a force, and Cao Mo himself needs to continue to supplement and learn......
This time back to China, Cao Mo accompanied the visit to inspect several domestic cement factories and gold mining companies, which is not a first-class level in the world, but also makes Cao Mo feel that there is a huge gap with them.
There are many basic things that can only take time to learn and consolidate little by little.
Otherwise, once there is no dividend like Cement Storm to eat, everything he runs in Longta may be in a difficult situation.
And now that a management team headed by Wendy Scalfe, Kabuja and others has been formed, it is unrealistic to replace them from domestic high-paid managers at this time.
Even with an annual salary higher or worse than that of Wendiscaf and Kabuja, it is a big problem to hire a group of personnel from China to fill the shortage of middle management and technical personnel.
However, taking advantage of Kabuja and Wendiscaf to visit and study in China this time, Cao Mo took the opportunity to contact several domestic companies to hire several retired engineers to come to Kanem as technical consultants after the year, and the cost was not high, and it would not cause conflicts with Kabuja and Wendiscafe and their already formed teams.
Some old engineers who have worked all their lives and have rich technical experience do not have a high income after retirement, and if their families are in need, they are still willing to cross the ocean to eat this hard work for an annual salary of more than 100,000 or 200,000 yuan.
This can be regarded as slightly making up for the lack of current technical strength.
Cao Mo sat by the campfire, listening to Song Yuqing talk about his future plans for the Ibogu tribe and the Conero Lake Industrial Park, and saw the speedboat sail into the course of the Lujiaochuan River and dock at the simple dock they had built on the riverbank.
"Cao Mo, Lu Jianchao just called me, they are on that speedboat, and they want to come ashore to talk to us......" Xie Sipeng took the mobile phone, I don't know where it came from, and said to Cao Mo.
Song Yuqing hurriedly stood up from Cao Mo's side, her face a little hot.
She thought that this place was hidden enough, except for a few bodyguards, no one would know that she was sitting here chatting with Cao Mo, but she didn't expect Xie Sipeng to come over directly.
"Welcome when you come, do you want to beat them out with a stick?" Cao Mo patted his ass and stood up, and said.