Chapter 231: Impact
Since August, Tianyue Trading has successively set up branches and offices in Benin, Akwa, Liberia, Sierra Leone and other countries, liaised with local car dealers and advertising agencies, established distribution channels, and developed the motorcycle and pickup truck markets in these regions.
In order to avoid unnecessary suspicion among the Jidam family, in addition to the investment in the Oguta gold mine, Cao Mo did not immediately make additional large-scale investments in Benin, but focused his investment on Akwa, Sierra Leone, Liberia and other places, acquiring cocoa plantations and other assets......
In early June, Chen Feng and Song Yuqing successfully acquired Xinxuan Food in China, and Guo Donghu returned to China to be directly responsible for the operation of Xinxuan Food.
However, the sales of pure cocoa butter and cocoa powder in China have not been opened all at once, and as of the end of September, the monthly trade volume of cocoa beans and cocoa butter powder exported to China through Conero Foods is less than 4 million US dollars.
The monthly profits generated by the two cement factories in Ibogu and Conero alone cannot be fully transferred to Tianyue International's account.
By October, the renovation of the Lonta natural gas power plant was completed, and the main power generation capacity of Conero Energy was completed, officially entering the profitable period.
Conero Energy only needs to use the new profits for the subsequent construction of upstream small and medium-sized hydropower stations.
However, after the completion of many hydropower projects, the facilities and equipment will be depreciated on a monthly basis, and the corresponding amount will be retained, which actually corresponds to the repayment of the principal of the trust loan of the United Bank of Oman.
Cao Mo's original plan was not to rush to return the principal of the trust loan to Union Bank of Oman, but to make full use of these funds as much as possible, further deepen the development of related fields, and improve the business structure of Conero Energy.
Now the controlling stake of Conero Energy has been handed over to Hexi Fund, a subsidiary of Dongsheng, and Ding Zhaoqiang's intention is to hope that Conero Energy will improve its management and technical level, and does not want to expand the scale of power generation aggressively, let alone develop related businesses.
In Cao Mo's view, the first core goal of the follow-up development of Conero Energy is to complete the performance gambling first, and there is no need to intercept these funds in Conero Energy.
The principal of the trust loan that can be repaid in advance will be repaid in advance, and even the depreciation life of the facility will be reduced, so as to further save the financial cost that Conero Energy has to pay each year.
The plantation owners of Longta, large and small, did not have the habit of investing before, mainly because of the problem of consciousness and concept, and once this threshold is crossed under the semi-mandatory requirements of Li Qixi and others, the trust fund now wants to be liquidated in advance, and they themselves are not happy.
At first glance, this amount of money may not seem like much, but at the rate of depreciation of the Conero energy facility, at least $1.5 million per month can be returned to the trust account of the Union Bank of Oman in advance.
Even if Cao Mo has extremely abundant funds now, he has continued to lend these funds from the trust account by mortgaging the shares of Conero Energy, Conero Lake Industrial Park and Felician Gold Mining Company held by Tianyue International - at this time, Ding Zhaoqiang can no longer accuse him of abusing Dongsheng's resources.
Of course, the money borrowed was Kanem's Naira, not the dollar.
in any of the exchange controls
In countries with stricter imports and exports, in addition to the normal import and export trade, which can enjoy a relatively relaxed and free dollar exchange, it is quite difficult to directly convert a large amount of naira into dollars through normal channels every month.
However, Akwa, Benin, Sierra Leone, Liberia and other countries and Kanem all belong to the West African Economic Community, and cross-border investment within the Economic Community of West African States is currently encouraged and supported by West African countries.
On the one hand, it is necessary to carry out a broader industrial layout in West Africa, and on the other hand, it will use the equity of many companies in Longta as collateral and lend funds from the United Bank of Oman for investment outside Kanem, which is actually a hedge against risks.
If one day Kanem really has something uncontrollably changed, he will give all the pledged assets to the United Bank of Oman, and the assets outside Kanem can also minimize the loss......
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There are thousands of members on the periphery of the Brotherhood of Steel Fist, and if there is any loss to the core stormtroopers, it is easy to select radicals from the periphery to replenish them, but the Jidam family twice sent people to besiege and kill the unknown girl Stari failed, and the negative impact was deeper.
On the one hand, the police arrested a number of core members of the Brotherhood of Steel at the scene of the shooting, involving many vicious criminal cases committed before, and the municipal authorities, even the government officials and state legislators of Ogun Prefecture have also demanded severe punishment of the criminals.
On the other hand, the gang forces that had previously lost in the battle for turf with the Brotherhood of Steel also started a counterattack at this time, and set out to regain the territory they had lost before; in addition to the continuous failure of street fights, the smuggling, gambling, sexuality, money laundering, drug and other businesses secretly controlled by the Jidam family are also shrinking day by day, and even the Lana Dere Beach Casino, which is booming in business, has frequent troubles with gamblers, and the police or other law enforcement departments have come to inspect at every turn.
And the small gang forces, merchants and even some small and medium-sized enterprises that had to succumb to the obscenity of the Brotherhood of Steel Fist before, and who nominally accepted its protection but were actually exploited by it, also stood up to resist at this time.
It seems that countless hostile forces have emerged to confront them overnight, and they have to bear countless tangible and intangible losses every day.
At the beginning, the Jidam family still wanted to pick a few thorns and clean them up, but the city authorities and the police of Draculamo were keeping an eye on them, and the police came to arrest them at the slightest change, and many members were imprisoned, and the arrogance of the Brotherhood of Steel was also repeatedly hit.
The Jidam family was in a state of disarray for a while, and it was not until the end of August that they stabilized their position.
After Cao Mo saw that the Jidam family had come to their senses, he focused his attention on promoting the construction of the Taihua Industrial Park, the Conero Lake Port, and the oil refinery, casino and hotel, while ensuring that the forces they had already extended into the development of the river state were not expelled.
Obviously, they are expecting that the refinery and other projects will continue to bring in huge profits from the energy source, so that they have enough resources to regain their prestige.
At the end of September, Kefeng Investment Co., Ltd., which is controlled by the Lu family and is responsible for the investment of the Conero refinery, joined hands with Ji
Kilman Investments Ltd., controlled by the Damm family, has signed a $18 million purchase agreement with a cement plant in the Beku area near the city of Draculamo.
At the same time, they started the construction of a grinding station with an annual output of one million tons of finished cement in the Taihua Industrial Park.
In addition to relocating the grinding section of the Beku Cement Plant, which is dependent on electricity supply, to the Taihua Industrial Park, Taihua announced the plan to add an annual production capacity of 500,000 tons of finished cement grinding, so as to more fully enjoy the cheap and stable power supply along the shore of Lake Conero.
That is, after the completion of this grinding station, the supply of finished cement around Draculamo will increase by another 500,000 tons per year.
Cao Mo didn't have anything to worry about.
After July, with the official completion of the Yeyangxia Medium-sized Hydropower Station, Liang Siqian and a group of engineering management and technical personnel officially separated from the China Earth Group, took over the Yibogu Labor Service Company, and accepted a total of 10 million US dollars of capital injection from Tianyue International and Hexi Fund, and registered and established Conero Engineering Construction Co., Ltd.
At present, in addition to major and complex projects, the construction of Conero Lake Industrial Park and hydropower station group also needs to be undertaken by China Soil Group, and other projects such as low-rise buildings, steel structure workshops, medium and low-level bridges and roads, small hydropower stations, decoration and decoration, gardens and other projects, Conero Engineering Construction Co., Ltd. can undertake.
Instead, it undertakes the original Ibogu Labor Company, and Conero Engineering Construction Co., Ltd. has 2,000 construction workers since its inception, which strongly guarantees that Cao Mo's construction speed on the north shore of Lake Conero has not slowed down in the slightest.
The construction of the southern shore of Conero Lake was mainly undertaken by an engineering and construction company controlled by the Gidam family.
The scale of municipal construction in Draculamo has always been quite large, and the local engineering construction enterprises are not as unbearable as imagined, but there is obviously a big gap with large state-owned engineering contracting enterprises such as China Civil Engineering and China Railway.
The three core projects of the Taihua Industrial Park, the oil refinery and the Lake Conero Port are enough to keep the engineering and construction companies of the Jidam family busy.
In early May, they officially launched the construction of the Intercontinental Atlantic Hotel and supporting living areas on the south shore of Lake Conero, the construction of the promenade connecting Port Draculamo and Lake Conero in mid-August, and the construction of a grinding station with an annual capacity of one million tons at the end of September, which in fact slowed down the construction of all projects.
However, it has become very difficult for them to find other contractors to work with.
The background of the Jidam family is destined to be that Chinese-funded construction companies such as China Civil Engineering and China Railway will not cooperate with them, and the prices of European and American contractors are too high for Taihua and the Jidam family to bear; and the local contractors of all sizes in Draculamo are more or less involved in gang forces, and no one is willing to cooperate with the Jidam family at this time.
The Jeddham family wanted to strengthen the construction capabilities of their engineering and construction company, but everything from skilled workers to technology, operations management, and sufficient construction equipment was indispensable.
The Gidam family, on the other hand, had to cram a large number of Steelfist Brotherhood members who needed to support their families into engineering and construction companies, and the number of employees swelled to 3,000, but the speed of construction was very limited, and it also brought additional chaos in the mix......