Chapter 260 Investing in South Africa
As the most developed country in Africa, South Africa has a high standard of living for its citizens, although there are still some gaps between it and other developed countries. In addition, South Africa's economy is relatively stable, and it is also relatively developed in several major industries such as finance, law, communications, energy and transportation, with complete hardware infrastructure and stock trading market, and the production of gold and diamonds occupies the first place in Shijie.
An economically stable and politically stable country, its industry will also develop rapidly, in fact, many enterprises have production lines in South Africa, and the goods they produce are supplied to most countries in Africa, plus the salary in South Africa is quite cheap compared to the local countries, especially the salary of black South Africans, only half of the local whites, which is quite attractive for many industrial enterprises.
However, the various enterprise groups owned by Ji Feng are not completely advantageous, Ji Feng has always believed that only a win-win situation can last for a long time, and eating alone is the most hated thing.
Jacob attached great importance to Ji Feng's arrival, and held a grand welcome banquet that evening, and the heads of the South African government and various famous enterprise groups were invited to come to the reception to receive Ji Feng, the nominal richest man in Shijie.
Someone once calculated an account for Ji Feng, although Ji Feng's personal net income last year was more than 100 billion yuan, close to 200 billion US dollars, but the fixed assets he owned were not able to be calculated, especially with the new islands, sea areas and investments everywhere this year, Ji Feng's actual assets definitely exceeded one trillion yuan.
The most important thing is the exclusive wireless power jishu that Ji Feng has mastered. With the start of Jeju Island's full opening and official application, it has been favored by Shijie countries, and all countries have sent people to Jeju for energy consultations. What a huge advantage this jishu has, electricity no longer needs to be bound by cables, within a radius of 500 square kilometers, any place can be accessed, which is a huge temptation for mountains, hills and relatively uneven terrain, and even plain areas, at least everyone no longer has to worry about laying electricity bills.
Although South Africa's energy sector is already well developed for Africa. However, there is still a huge gap for the truly developed countries.
Especially with the increasing number of industrial enterprises in South Africa and the deeper and deeper of the mines, it is difficult to imagine how difficult it is to lay electricity bills in mountainous South Africa. Especially with the increasing demand for electricity, energy issues have to be placed on the agenda of the South African government.
South Africa, which is struggling with how to implement a new energy strategy, has been paying close attention to the radio station on Jeju Island from the beginning, and after the initial test, the South African government is thinking of introducing the system to South Africa. And the blockade of the northern part of the Philippines by the Jeju Island fleet. is the most fundamental reason for this idea.
Of course, this is also the reason why it is firmly necessary for other countries to introduce wireless power systems, and no matter what new jishu applications, the first thing that comes to mind for countries is military and defense applications. Warships, planes, armored vehicles, and tanks that never need to stop are obviously too tempting for all countries.
Although South Africa is the most economically and politically stable country in Africa, it is also threatened by many people, and there are so many people with guns in South Africa that it is easy to gather a group of armed men. Although the threat to South Africa from the surrounding countries is not too great, it is not absolute. South Africa must seize the opportunity of the first batch of wireless power development, so that it can transform South Africa's power industry and at the same time greatly strengthen its defense military strength.
At this point, all the countries with brains see a new way of warfare in the future through the Jeju Island fleet, and even the United States wants to postpone the delivery of the remaining littoral combat ships.
The dinner went smoothly, and Ji Feng, as a well-known wealthy man in Shijie, highly appreciated the South African government's invitation to invest in him, and said that it would bring a good start to more economic, trade and financial activities between Jeju Island and South Africa.
Similarly, South African President Jacob also expressed a warm welcome to Ji Feng's arrival, and expressed full confidence in Ji Feng's investment in various industries in South Africa.
"What is the total number of investments in South Africa?" After the dinner, Ji Feng arranged a meeting in the state guesthouse to listen to the progress of the recent achievements of all parties in South Africa, and more than 100 other people from Jeju Island have also lived here for nearly half a month.
Zhao Yu took out the calculator and immediately added the numbers of each group, and immediately replied: "A total of 138 billion yuan needs to be invested." ”
This figure is less than that of the United Kingdom, but for South Africa, it has indeed exceeded its national fiscal revenue for several years, equivalent to one-third of South Africa's total GDP in a year, and it is no wonder that South Africa will attach so much importance to it, you must know that the actual investment in the previous year was only 11.7 billion US dollars, and Ji Feng's investment figure is at least the sum of its foreign investment in more than ten years.
Ji Feng, who was looking at the investment briefings of various groups, nodded slightly, raised a jihua book in his hand and said to a middle-aged white man with a nervous expression: "Lawrence, your jihua is not bold enough, South Africa's infrastructure, construction and real estate industry will be important economic growth points in the future." It is still too one-sided for you to only focus on the real estate industry, and infrastructure and construction will also be the focus of our investment in South Africa. ”
"Ladies and gentlemen, South Africa is the most economically stable country in Africa, and I know what worries about you, but you have to see that as we come into this market, South Africa, or Africa, will open the door to greater wealth for us."
"With our support, coupled with the demand from other African countries for South Africa, South Africa's future economic and political stability will be durable, so we don't have to worry about not recovering our investment. Although the payback period will be slow, we are here to make long-term investments. So we have to look at the long term, 10, 20 or even 50 years. ”
"Don't always keep your eyes on the energy group, the energy group model can't be replicated. The wireless power patent and jishu will bring us unlimited money in the future and will be an excellent project for long-term benefits. But we must also see that each other group company has its own advantages, such as the restructured Jeju Real Estate Group, Lawrence has a keen business vision, but needs to take a bigger step. ”
"Another example is Jeju Media Group, where our Jeju TV station already covers more than one-third of the world's population. It is expected to reach half by the end of this year, which is quite a remarkable number, which is a huge boost to our cultural export. It will be a huge help for us to roll out the new jishu in TV in the future. ”
"There are also Jeju Air Group, Jeju Shipping Group, relying on our advanced aircraft Jishu, in the future we will have our own aircraft factory, and this calculation I intend to place under the air group. It enables it to have a one-stop service from design to manufacturing to operation. And our new passenger aircraft will fly between continents with a greater advantage. The same is true for the shipping group, we have a more advanced shipbuilding jishu, and after Sabah stabilizes, I plan to build a shipbuilding base in Sabah, which will also be placed under the umbrella of the shipping group, which will bring more benefits to our shipping group. ”
"Of course, other group companies will also get more haodejishu and development, but everyone needs to have more patience. Until then, I need you to prove to me that you are long-term. You are indeed the decision-makers who can bring me greater benefits, or long-term stable returns. I don't need a group of short-sighted entrepreneurs who only know how to make crazy profits at the moment, it is enough to make money in the short term with Jeju Bank, Sparker did not come today, otherwise he will tell you how to maximize your own interests. ”
The more than a dozen responsible persons of each group at the scene were in a cold sweat on their foreheads, and they were busy and humbly accepting Ji Feng's teachings, you must know that there are not many opportunities for their identities to get such a chance, and even most of the Ji Feng on the scene knew for the first time, although they were present at the year-end conference last year, but after all, it was impossible for them to participate in the core meeting at that time, and it was normal for Ji Feng not to remember them.
The next day, Ji Feng and Jacob held a cordial exchange, in the positive response of the South African ministers, Ji Feng obtained the license to operate most industries in South Africa, and gave Ji Feng the largest concession to all group companies, the first three years are completely tax-free, the second two years are halved, and then the tax rate will be calculated according to the concession of foreign enterprises, that is, the full tax will be paid five years after the profit, but 30% of the tax equivalent in kind will be returned to Ji Feng's enterprises, these things can be any product in South Africa, Just giving in kind, it means that Ji Feng must be exchanged for South African products to take away or sold to other regions and countries.
This discount is not small, but in order to solve the unemployment rate of more than 25% in South Africa, the South African government is also ruthless this time, Ji Feng's hundreds of billions of dollars of investment, at least can solve the hundreds of thousands of unemployed people in South Africa, not to mention that Ji Feng will also invest in infrastructure construction, mining, banking, steel manufacturing and other important industries, especially when I heard that the steel manufacturing group that invested in South Africa will supply Sabah aviation and Sabah shipping in the future, the South African government's eyes suddenly began to shine.
Banking, agriculture and animal husbandry, energy, steel, mining, aviation, fishery, shipping, communications, media, hotel catering, real estate, medical care, education and municipal and many other group companies are almost all in the South African investment list, and all have found one or more investment projects, this huge investment jihua, really make the South African government excited, the most important thing is that people do not put forward any requirements, as long as the preferential policies are just that, other political demands are not at all, Such investors will not be spared by any country.
The largest investment is that Jeju Energy will build two 20 million kWh radio stations in South Africa, and completely replace the mainstream thermal power stations in South Africa in two to three years to supply the electricity needs of the whole of South Africa and even most of southern Africa.
The South African National Power Company will borrow 62 billion won from Jeju Bank as collateral for all assets and future profits, accounting for 49% of the joint venture power company, and at the same time obtain the company's operating qualifications, and Jeju Energy will only be responsible for the construction and financial supervision of the radio station.
Limited by the limitation of not abundant human resources, most of Jeju Energy basically chose to control but not operate the strategy, so as long as the operator is found to have any illegal or undesirable behavior, you can suspend the other party's business qualification at any time and replace it with a new leader, which is why Ji Feng strongly requires that you must control, and at worst, you must obtain half of the equity requirements, after all, this is a stable income for tens or even hundreds of years, there is nothing more reassuring than this. (To be continued......)