(5th Update...... ）

Cao Mo didn't know that Lu Yan's resentment against him had increased a bit, and he left Draculamo the next day, while Song Yuqing was to replace Wang Wen and take charge of the financial supervision of the Conero Lake Industrial Park, and also rushed back to Ibogu together.

The situation of returning to Draculamo this time is much more complicated than Cao Mo expected, but for the time being, it is like that, and Ibogu has more things waiting for him to come back and deal with.

In addition to Wendy Cafe and Lucy, Ibogu has recruited operation management, engineering and technical personnel since last year, and they are basically qualified for their posts, and there is no problem in the operation of the mine and factory.

The new transmission grid and the supporting projects of the Gray Crow River Ladder Hydropower Station are also nearing completion, and the power supply to Draculamo City will be officially available on New Year's Day in 2006.

This will not only allow Sika Adet Power Grid to reap certain benefits on the day the new transmission grid is completed, but Cao Mo and Stari will also be able to generate more than $400,000 in net cash flow every month.

In addition to the Yeyangxia Hydropower Station, which was built with more than $18 million in advance by the China Earth Group, Cao Mo also started the construction of three new small hydropower stations at the same time at the end of October.

The scale of the three small hydropower stations is smaller than the first Yibogu River stepped hydropower station, which was built at the earliest, and the total annual power generation is 20 million kWh, but the completion of these three small hydropower stations can regulate the flow of Jing to the upstream reservoir of the Yeyangxia Hydropower Station and stabilize the annual power generation of the Yeyangxia Hydropower Station.

In addition to his own US$1 million, Cao Mo mainly invested the US$2 million trust fund provided by the United Bank of Oman.

By mid-December, Kanem's finished cement had dropped to $280 per ton, but for the Ibogu cement plant, there were still unimaginable windfall profits for domestic cement manufacturers.

During this period, through continuous technological upgrading, the daily production capacity of the Ibogu cement plant has also steadily increased by 500 tons.

Song Yuqing to Ibogu is not a trip or two.

Cao Mo has invested a lot of energy in the construction of cement plants and gold mining operation areas, and has been constantly transforming and upgrading.

In addition to planting oil palm, cocoa trees and other cash crops, the open area opened up inside and outside the wall is also transplanted with triangular plum and blue orchid trees for beautification, but the houses and machinery and equipment in the factory area are still too simple compared with those modern mines and factories in China.

However, who would have thought that even though Ibogu Cement is so simple, it will continue to operate until now, with a net profit of up to 100,000 US dollars per day?

In March, Yibogu Cement used the early hoarding of clinker for the production of the back-end process, and officially completed the production in May

In September, the first stepped hydropower plant on the Ibogu River was completed to supply power to the cement plant, and by the end of December, the cement plant, which was the most humble in China, had reaped a total of 18 million dollars in excess profits during the cement storm.

Of course, with the continuous decline of cement prices, the daily profit margin of the Yibogu cement plant is also gradually compressed.

This is also the reason why Cao Mo is eager to go to the new factory.

Cao Mo wants to build a new plant, not only hoping that the annual output can be increased to six or seven hundred thousand tons, but also hopes that the production cost can be as close to the domestic average as possible.

In this way, Felician Building Materials Company is almost invincible in terms of operation, and once it is completed, it will continue to provide him with huge profits.

Song Yuqing helped Cao Mo sort out her finances, and saw that in addition to the previous increase in investment, Cao Mo's private company had hoarded 1.5 billion naira (5 million US dollars) for the construction of a new cement plant in the past two months.

And that's not even counting the amount of gold that Cao Mo began depositing into the private safe of the United Bank of Oman in late October, which is rising at a rate of 60 kilograms a month.

It is not difficult to imagine why Cao Mo is so eager to open up the trade chain of cocoa beans, cocoa butter and cocoa powder exported to China.

It is relatively easy to exchange $3.5 million a month in Kanem as long as you pay a certain handling fee, but if you want to exchange $35 million, it will be difficult.

Although Kanem earns nearly $100 billion in foreign exchange every year through crude oil and other trades, Kanem also has strict restrictions on foreign exchange outflows.

The economic and political situation in Kanem is unstable, and the local currency, the naira, has been in a slow process of depreciation, and if a large amount of profits cannot be put into reproduction and cannot be exchanged for other currencies or assets, the depreciation loss will be painful in a year or two.

Of course, Cao Mo can stay in China until New Year's Day and then return to Kanem, but time does not wait.

In addition to raising funds to expand the construction of the upstream hydropower plant, he will also prepare for the construction of a new cement plant, build a refinery, take over the newly acquired cocoa bean processing plant, and prepare for the construction of a new, larger processing plant in the Lake Conero Industrial Park.

It didn't cost much to buy a cocoa bean processing plant in the town of Lonta, except for the 30% stake of the Sika family to be retained, and the remaining 70% of the shares were acquired, and Cao Mo spent $200,000.

What Cao Mo has to do now is to register a food trading company in Draculamo, and through this food trading company, he will buy cocoa butter and cocoa powder produced by the processing plant and export them to China.

So that he can pass through Shinkai

and two food trading companies registered in Dracula to balance the flow of funds.

Usually, a large amount of funds can be left in the accounts payable of domestic companies, and if Kanem has a need for funds, he can apply for a foreign exchange quota by paying for the goods and transfer the funds to Kanem.

In the same way, Cao Mo can invest in domestic projects through a company registered in Draculamo, and can also enjoy the current preferential policies for foreign investment in China.

Of course, in order to reasonably avoid taxes and avoid attracting unnecessary attention, Song Yuqing suggested that Cao Mo could also register an offshore company in a tax haven.

Everything Cao Mo did in Ibogu before can be said to be savage.

However, how to develop in refinement next, he himself is also groping.

Song Yuqing has been working in Dongsheng for the same time as Cao Mo, but Song Yuqing works in the headquarters, not only the financial system is her main specialty, but also she is more familiar with complex structures than Cao Mo.

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Shen Ji didn't arrive at Draculamo until after New Year's Day, and he didn't stop after arriving at Draculamo.

Lu Yan and Huang Hebin wanted to pick him up and wash the dust, but Shen Ji just said on the phone that he had urgent matters to deal with, and accompanied by Yang Deshan, Li Qixi, and Wang Jianzhong, they rushed directly to Ibogu to meet Cao Mo, without stopping in Draculamo City.

Cao Mo didn't have much to say, so he made an appointment with Abacha and the others to drive to the Ega River and the Providence River together.

These two tributaries located in the north and northeast of Longta have two other sites suitable for the construction of medium-sized hydropower stations in the upper reaches of the Lujiaochuan River.

Of course, if Shen Jizhen wants to make up his mind to participate, Cao Mo may not have to carry out the development and construction of these two medium-sized hydropower stations first, after all, the construction period of medium-sized hydropower stations is relatively long, which is not conducive to the fastest and most effective role of funds.

At present, it is more appropriate to build a group of small hydropower stations near the Gray Crow River and the Yibogu River, and as long as there is enough capital to invest, a batch of them can be built in three to five months.

The new Draculamo natural gas power plant contracted by the company is also nearing completion, not only the construction management personnel transferred from China are sufficient, the local workers recruited, after more than two years of running-in, are already skilled workers, but also trained a group of mature foremen.

Cao Mo took Shen Ji to see the site selection of hydropower stations on the Ega River and the Providence River, mainly to make him understand that he dared to open his mouth for 50 million US dollars, and he was not talking in vain.