After Xiao Zhen hosted the Chinese men's football team led by Li Wenhua, he distributed bonuses to his own and his father's players, and sent a business jet to take the team back home.
The next day, June 22, Xiao Zhen took Fan Dabao and the coaching staff on three private planes to Angola.
After arriving at the airport, the group boarded five Land Rover Commander bulletproof off-road vehicles and 15 Land Rover armored protection vehicles and headed all the way to the Huasheng African Petrochemical Base.
This lineup and weapons and equipment had been reported to the local government in advance.
After taking over the petrochemical project in Angola from a European company in 2002, it re-signed a $6 billion petrochemical base project investment contract with the local official government.
At the same time, Huasheng Investment West Africa Company also invested US$200 million here, establishing a series of industries under Xiao Town.
At that time, several parties in Angola were negotiating and the political situation was still unclear. Liang Botao originally suggested that Huasheng Company should set up its first branch in Rwanda, but Xiao Zhen chose Angola as the first step in order to gain the upper hand in laying out its energy business.
The headquarters of Second Artillery Washington Africa Company was indeed established in Rwanda, where an extremely serious genocide had occurred, in accordance with Liang Botao's suggestion.
Xiao Zhen knew that Rwanda had a stable political situation and huge development potential, so after launching the investment in the Angola petrochemical base project, he went to Rwanda without stopping and signed a $1.8 billion light industrial park and African headquarters base project.
It invested US$1.2 billion in Ethiopia to build a communications and low-end chip assembly base, as well as a light industrial park, and Huasheng Investment North Africa Company was also established there.
Subsequently, Huasheng Investment Southern Africa Company and the corresponding industrial base were established in South Africa. Africa's only secondary chip design and production base was also established in South Africa.
For well-known reasons, South Africa, a quasi-developed country under the rule of black people, has become a developing country by itself.
However, the South African base is the largest investment production and R&D base in Africa, because South Africa has a relatively higher number of educated people. In the future, Musk, who will build rockets, will go from South Africa to the United States.
The total investment in the Huasheng Industrial Park project in Johannesburg, South Africa is as high as US$13 billion.
The four African bases are of course protected by the Quantum Security training base. Without the protection of a fire stick, Africa will become meat on the chopping board.
After nearly four years of construction, the four bases have completed their investment plans, so Xiao Zhende came to see the business he invested in.
The Angolan petrochemical base is designed to produce basic chemical raw materials in addition to various types of gasoline, aviation gasoline and various grades of lubricants.
It also has the ability to process basic textile raw materials such as polyester, spandex, and elastane into finished products.
The annual oil production capacity of the petrochemical base reached 600,000 tons in May this year, and the production capacity of other textile raw materials and finished products reached 400,000 tons.
The products of Huasheng Angola Industrial Park have achieved booming production and sales, and they are absolutely necessities of life in Africa.
Moreover, the equipment Xiao Zhen uses are the most advanced environmental protection equipment in the world, many of which are large chemical projects designed exclusively by BASF and Volvo.
Washington pays $52 million in taxes to the Angolan government annually in 2004, the year the first phase of the project was completed. This surged to $120 million the following year, when the second phase was completed. This year, just six months after the third phase was completed, the company has already paid $110 million in taxes, a significant revenue source for the Angolan government.
The number of workers and technicians in the Angolan petrochemical base and its supporting light industrial park has reached nearly 70,000. If their families are included, it can be said that this base supports at least 300,000 people.
The family-run charity fund in Xiaozhen has built nearly 30 schools from primary to secondary schools, 4 secondary and senior technical schools, and 5 charity hospitals free of charge.
Xiao Zhen visited and inspected his own industrial base accompanied by high-level officials of the local government.
Xiao Zhen went to check out the schools of various levels that he had donated to. After all, he had to take a look since he had spent the money.
He also had dinner and chatted with teachers, students, and mid-level staff. The next night, he entertained his own mid-level and above Angolan cadres, nearly 200 outstanding grassroots staff, and their families at the manor that Liang Botao had built for the big boss.
On the third day, Xiao Zhen, accompanied by the president of Huasheng Investment Group and the president of the African company, held a two-day closed-door meeting with senior leaders of the Angolan government.
On the fourth day, Gangcheng Huasheng Petroleum Group signed the second investment increase agreement for the petrochemical base with the Angolan government. Xiaozhen paid nearly 8 billion US dollars to expand the production capacity of the Angolan petrochemical base and the corresponding raw material base to 3 million tons at one time.
Petrochemical projects of this level are considered super-large projects in major countries.
The domestic Yangzi Petrochemical Base has a capacity of only 1.2 million tons, and the Sichuan Wei Base in Xiaozhen’s hometown has a capacity of only 1.1 million tons.
Of course, the country's strong basic industrial base and large total output are not comparable to Angola.
Limited by the level of education and the number of technicians, it will take three years to complete and will basically be able to siphon off half of Africa's cutting-edge chemical talents.
Of course, Makarov, president of China Airlines Defense Company, also signed a 20-year special treasury bond defense contract with the Angolan government. The total defense contract amount reached US$3.5 billion, with an annualized rate of 6.8, which is already a very low profit.
In fact, the tax revenue of Huasheng Petrochemical Base in the next five years will be roughly equivalent to this short selling contract, so it is still relatively secure.
This was calculated by a large actuary team and shows the country's relatively healthy loan-bearing capacity for its gradual defense replacement plan.
Big capitalists will not do business at a loss, so the guarantee is to use the tax revenue from the petrochemical base as collateral.
Xiao Zhen finished his inspection in Angola and then entered Rwanda. Just like in Angola, after full communication between the two sides, Xiao Zhen's Nongfu Food Group and the Rwandan government jointly established various food production bases with a contract value of US$1.5 billion.
After completion, the comprehensive food processing base will be able to produce nearly 200,000 tons of various food products annually.
Another similar industrial cooperation contract also involved funds of nearly US$4 billion.
On July 12, Xiao Zhen arrived in Johannesburg and inspected his base. Through Xiao Zhen's introduction, his cousin invested 1.2 billion US dollars here to establish the Wenming Electric 4.5-generation LCD production base, with an annual production capacity of 400,000 sets of LCD panels of various sizes.
Subsequently, Huaguang Technology's Communications Business Group signed an agreement with the local government to build an IT communications equipment production base, with an estimated investment of US$2.4 billion.
On July 14, China Airlines Defense and his father's Land Rover International Defense Company signed a three-year, US$6.8 billion contract with the local government to purchase various types of equipment.
The special targeted 10-year government bond was also issued through the Nanyang International Commercial Bank in Xiaozhen, the American International Commercial Bank, and the Pan American International Commercial Bank in Eastern Europe, with an annualized rate of 7.2.
After inspecting the Ethiopian base on July 20, Xiao Zhen’s large investment delegation landed in Doha, Qatar, and another round of global investment week in Xiao Zhen is about to begin.
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