My Clone Empire
Chapter 189 Development
Given that Northern Mali is located on the coast of the key Gulf of Aden, if it is rashly involved, it will definitely be counterattacked by the European Eagle and other countries, so Tang Shizhe plans to wait for his wings to harden before attacking it in the future.
At present, the land area controlled by the Titan Group is large enough. The vast land of 400,000 square kilometers is equivalent to two and a half Dongshan Provinces!
The capital required for infrastructure construction, energy construction, real estate development, and mineral development on such a large area of land is simply astronomical.
The current cash flow of the Titan Group simply cannot support such a large-scale development.
But this is not a problem, Tang Shizhe has found a way to solve the problem.
As early as the beginning of the war, the Titan Group's acquisition team had already traveled to the five rogue countries in the world to prepare for acquisitions.
The target of the acquisition is the bank that can bring rich cash flow to the Titan Group.
The target bank of the acquisition does not need to be large, basically the bottom-ranked bank in each country is sufficient.
While suppressing the stock prices of several listed banks through the trading team, the acquisition team sent a negotiating team to contact the other party's top management.
Under the pressure of several limit-downs in the stock market, the executives of these banks quickly accepted the conditions of the Titan Group's acquisition at a premium of 50%.
Of course, at a 50% premium to the current share price, the Titan Group did not pay too much.
When the Titan Group's troops announced a truce, these banks also completed the acquisition and delisting, and most of the shares were in the hands of the Titan Group. After the merger of these five banks, the Titan Group once again injected more than $5 billion into them. The knife has diluted the shares of shareholders who are unwilling to sell their shares to a very, very inconspicuous ratio, and they have no right to participate in any meetings and decisions of the bank.
And the bank was given a brand new name: Titan Bank.
It didn't take long after the war for the Titan Group's advertisements for the Titan Bank to appear online.
As a bank mainly used for blood transfusion to the Titan Group, 90% of the loans of the Titan Bank will be put into the Titan Group to help the development of the Titan Group.
At the same time, Titan Bank also announced to the outside world a one-year interest rate as high as 4.8, and the current interest rate is as high as 4.1!
Such an amazing interest rate has far exceeded the four or five-year death rate of most banks in the world, and is even comparable to the high-return wealth management products provided by various banks!
At the same time, the construction of the business halls of Titan Bank in the capitals of the world and the top ten cities has also begun.
All customers who want to deposit money to Titan Bank can transfer money from other banks to Titan Bank account through the mobile app.
The corporate image of Titan Group, which has been cultivated for a year, finally showed its due value. It was less than a week after the Titan Bank app was launched.
Time deposits from all over the world have reached an astonishing $30 billion, and demand deposits are as high as $40 billion! And that number is increasing rapidly over time!
After changing hands, Tang Shizhe lent the $50 billion to the Titan Group at an annual interest rate of 5%.
With so much capital, the Titan Group started its development plan in the Republic of Mali on the same day.
Among them, five billion dollars will be used to improve the highways, highways and other road facilities in the Republic of Mali. You must know that there are only 10 million Malians in the area occupied by the Titan Group! Five billion dollars is enough infrastructure for such a population.
The $15 billion will be used for energy facilities, purification towers, seawater desalination towers, and communications facilities in Mali.
The remaining $30 billion will be invested in the development of minerals in Mali. Tang Shizhe plans to develop 50 veins of different sizes at one time.
10 billion was invested in the local manufacturing industry to help Titan Group build a complete production chain in the Republic of Mali, from heavy industry to light industry,
Titan Group plans to achieve complete self-sufficiency in the Republic of Mali!
The last ten billion dollars will be lent to Black Mask International by the Titan Group through loans, which will be used by Black Mask International to build permanent military bases, ports, airports and other facilities in the local area.
Black Mask International will use 40% of the local tax to repay this huge loan. At the same time, Black Mask International will also collect "protection fees" from protected companies every year. The amount of protection fees collected is the company's net profit. five percent of income.
The Titan Group also needs to pay this protection fee. Of course, they will return to the Titan Group in the end.
In order to save construction costs, while driving employment and consumption in the Republic of Mali.
Tang Shizhe directly collects labor from the entire occupation area, and Titan Construction provides construction workers with a monthly salary of "up to" $120! You must know that the average salary level in the Republic of Mali is only $80 per month.
And this position is not life-threatening! , you can take a day off every week, and the working time is only from 6 am to 9 pm every day, and you can rest for three hours at the hottest time from 12 noon to 3 o'clock!
For a time, the labor force of the Republic of Mali frantically flocked to the recruitment site of Titan Construction.
Such cheap labor means that the cost of all Titan Group's local development work will be greatly reduced, and of course, the corresponding construction efficiency will also drop a lot.
But it doesn't matter, the salary of a labor force from Xia can employ almost ten Malians! And they don't have to pay three insurances and one gold!
In order to improve the labor efficiency of these people, all construction sites will be led by Titan construction employees from various countries, so that the work proficiency of these workers can be improved as soon as possible.
Tang Shizhe even more "intimately" prepared employees of Black Mask International to act as supervisors for them.
In addition, the company has also implemented a reward and punishment system, selecting 500 outstanding employees every month and giving them a reward of 20 dollars, while the last 500 employees will be deducted from their wages of 10 dollars.
Under the threat of big sticks and gold bullets, no matter how lazy these black people are, the efficiency of the two is still enough to compare with an employee from another country.
In addition to the large number of local people employed by Titan Construction, the basic industries such as heavy industrial plants and chemical plants under construction also recruit a large number of laborers.
Some manufacturing plants have taken over the only small group of "literate people" in the Republic of Mali who have received some education. After all, some jobs still require people with a certain level of education to be competent.
In order to improve the basic cultural level of the Republic of Mali, Titan Education has recruited more than 5,000 fresh graduates to serve as cultural teachers in the Republic of Mali.
You'll Also Like
-
Honghuang: Start by creating a list of beauties, and Nuwa is chasing you
Chapter 177 6 hours ago -
Reincarnation of Gods and Demons: I can strengthen everything infinitely!
Chapter 182 6 hours ago -
One Piece: One Punch Nuclear Explosion, Punch the Five Elders
Chapter 50 6 hours ago -
Marvel: Fathers of the Alliance
Chapter 47 6 hours ago -
Marvel: I can summon Naruto characters
Chapter 76 6 hours ago -
Survival in the ocean, catch a mermaid at the beginning
Chapter 196 6 hours ago -
Weird game, daughter, stop bragging that I’m invincible!
Chapter 159 6 hours ago -
Three Kingdoms: God-level selection
Chapter 182 7 hours ago -
Genshin Impact: Double-door opening to invite Klee
Chapter 177 7 hours ago -
Night of genocide: Behead Itachi and kill Yue, Mikoto begs for mercy!
Chapter 163 7 hours ago