Resource Tycoon Reborn

Chapter six hundred and ninety third initiative

Sure enough, as Fang Mingyuan thought, when he introduced the two parties to each other, Zheng Haoan and Shi Wenli couldn't help but take a breath. This person is indeed too famous. Not to mention that he is an important shareholder and director of Citigroup.

A member of the Saudi royal family, a shareholder and director of many world-renowned companies, his luxurious private business jet worth hundreds of millions of dollars has always been the focus of people's talk. And he is different from Fang Mingyuan, who doesn't like the media.

Reports have always been low-key, and the media have always given him face. For example, the media has not reported much about his luxurious private business jet. However, Prince Al Saud relatively welcomes media reports, so if you pay attention to overseas

In terms of economic news, this person often appears on some important newspapers and TV stations. The two of them were indescribably excited at the same time. Today, the three of them officially met, and they have a relationship like Fang Mingyuan. If there is anything in the future

If the matter comes to Prince Al Saud, he may be able to help him solve the big problem. This man's influence in the upper class society in the Middle East and even Europe and the United States belongs to the top level.

Fang Mingyuan called a waiter, changed a big table, five people sat around, ordered food for Prince Al Saud, and explained: "Khalid, today Miss Welf is not only my assistant, but also represents Wei

The Wolf family.”

"Oh, the Welf family also intends to be your backing?" Prince Alshat smiled knowingly. He often attended high-level banquets in European and American countries, and he didn't mind too much when ladies dine at the same table, but Fang Mingyuan's explanation

, still made him feel that Fang Mingyuan respected him.

"We, the Welf family, have been cooperating with the Fang family in various aspects, and we will not miss it this time." Angelina said with a genuine smile.

"It can be said that Maktoum got to know you, which can be said to be one of the greatest blessings in his life!" Prince Al Saud sighed sincerely. The construction of the Burj Al Arab Hotel in Dubai originally originated from Fang Mingyuan's proposal, and the success of the Burj Al Arab Hotel

, not only made the Emirate of Dubai well-known to the world, but also paved a new path for Dubai's economic development. It can be said that after that, Dubai successively built various buildings of the world's largest level, all following this idea.

.And now, when Dubai's economy is overheated due to real estate and Burj Khalifa World Company is heavily in debt, endangering the stability of Dubai's economy, Fang Mingyuan has taken the initiative to ask to take a stake in Burj Khalifa World Company and actively solve this problem. He can have such a friend.

, it is really happiness in life.

"I was able to meet Sheik Maktoum and Prince Abdullah and Prince Al Saud, which is also one of the greatest blessings in my life!" Fang Mingyuan said with a smile, "Can you help Burj Khalifa World Company get out of the predicament smoothly? Now

It’s hard to say yet.”

"If it's someone else, I think it's really too early to say this, but if it's you, I think it's just a matter of time." Prince Al Saud looked at Fang Mingyuan and said meaningfully.

"Thank you, Khalid, for your compliment. I feel so happy." Fang Mingyuan said with a smile.

"I think what Prince Al Saud said is right. As soon as the news came out that Hong Kong's Baifusheng Investment Company had taken a stake in Burj Khalifa World Company, I felt that the problems of Burj Al Saud Company would not cause too much trouble. What?

Words like Dubai will soon become the second Iceland will all come to nothing." Shi Wenli said leisurely.

"Chairman Shi's words really speak to my heart." Zheng Hao'an also smiled and raised his glass and said, "Let's do this for everyone... Your Highness, can you take a sip of tea instead of wine?" Fang Mingyuan looked at it.

The four people who were cheering were a little dumbfounded, but they still raised their glasses and clinked them with everyone.

"Fang, if there is anything I can do to help, please just say it." Prince Al Saud smiled, "By the way, you know, Burj World's US$8 billion loan from Citibank, as long as the interest is guaranteed

If you repay it in time, it can be extended for one year. During the board meeting, I also thought about trying to put in a good word for you. As a result, when the board of directors voted, the vast majority of directors agreed without any objection to Burj World Company extending the loan time.

A request for a year.”

Shi Wenli and Zheng Haoan couldn't help but look at Fang Mingyuan with envy. Even for them, 1.8 billion US dollars was definitely not a small amount. For such a large loan, Citibank agreed to extend Burj Khalifa World for one year.

The annual repayment was obviously not for the sake of Burj World Company. They also heard that more than a month ago, when it was revealed that Burj World Company was heavily in debt and might not be able to repay the loan on time, those financial institutions

The heads and heads are not so easy to talk to.

"Thank you!" Fang Mingyuan said sincerely to Prince Al Saud.

"You're welcome. In fact, I didn't help much. I just raised my hands along with most of the directors. Even without my statement, it doesn't affect anything." Prince Al Saud shook his head and smiled, "For

It seems that your confidence is not just limited to us. I feel a little jealous when I see such preferential treatment."

"The higher you praise me, the harder you will fall down in the future!" Fang Mingyuan said helplessly, "I am just an ordinary mortal." The more people look up to me now, the harder they will step on me in the future.

.

Upon hearing this, Prince Al Saud couldn't help but look at Mingyuan a little more highly. It is rare to have outstanding vision, but it is even more rare to have such a clear understanding after being in a high position!

With Prince Al Saud joining, Fang Mingyuan, Zheng Haoan, and Shi Wenli naturally stopped talking about cooperation. They all chatted "casually" and listened to Prince Al Saud telling some interesting things about the Middle East. Prince Al Saud suddenly

He snapped his fingers and said, "By the way, I almost forgot, I heard that your Longxing Construction Group Company also participated in the construction of the Burj Khalifa project?"

"Yes, Longxing Construction Group Company and Samsung Construction Company are the main project contractors." Fang Mingyuan nodded.

"Then are you interested in taking a big deal in my motherland?" Prince Al Saud leaned forward slightly and asked.

Fang Mingyuan blinked, looked at Prince Al Saud, and said after a while: "Khalid, do you mean that Saudi Arabia is also going to build a new landmark building?" Although in recent years, the most eye-catching building in the Middle East has

It's Dubai, but no one can deny that today, after Iraq was defeated and Iran was sanctioned, Saudi Arabia is the strongest in the Middle East. This is not only because it has the largest oil reserves in the world, but also has the largest production capacity in the world.

, is also the world's largest oil exporter, also because Saudi Arabia has a huge domestic population that is unmatched by other countries in the Middle East!

At the end of last year, according to a survey by relevant departments of the Saudi Arabian government, Saudi Arabia's domestic population was close to 30 million, while the United Arab Emirates had a population of only more than 8 million, Qatar only had a population of about 2 million, and Oman had a population of 4 million.

Needless to say, Kuwait has a population of over one million! Yemen also has a population of more than 20 million, but Yemen is one of the underdeveloped countries, and its economic strength cannot be compared with Saudi Arabia. Not only does it have a huge population, but it also

With its strong economic strength, Saudi Arabia's consumer market has naturally become the largest terminal consumer market in the Middle East. Even more than half of the various consumer goods imported by Dubai will be transferred to Saudi Arabia.

"Of course landmark buildings will be built, but this is not what I call a big deal, Burj Khalifa, hehe!" Prince Al Saud sneered twice, "The King's Economic City is under construction in our country, you know, right?

"

"The one on the Red Sea, not far from Jeddah?" Fang Mingyuan asked. He had heard of that project, which claimed to build a new city for two million people to work and live. It was one of the most ambitious construction projects in the world.

1. Construction started in 2006 and the investment is huge. According to the plan of the relevant departments of Saudi Arabia, this project will last for almost thirty years. When it is completely completed, the King's Economic City will become a city connecting Europe, Africa,

An important transportation hub city in Asia, it has a comprehensive transportation system including sea transportation, air transportation, railway, and road transportation, and the King's Economic City can also become a powerful arm of Jeddah, Saudi Arabia's trade and financial center, providing Saudi Arabia with

Millions of jobs will be created to solve the serious employment problem that Saudi Arabia will face. People under the age of thirty account for more than half of the population in Saudi Arabia.

Moreover, the King's Economic City will also be Saudi Arabia's test of economic reform in order to achieve economic diversification. In recent years, the Saudi Arabian government has also realized the consequences of uneven economic development caused by over-reliance on oil-related industries.

has many shortcomings, so it has begun to adjust the country's economic structure and vigorously develop other industries in order to become an industrial power. It can be said that the King's Economic City project was launched under such a premise. Due to the economic development of Saudi Arabia in recent years

Thanks to the rising oil prices in the international market, the continued fiscal surplus also gives them sufficient confidence to implement this plan. The Saudi Arabian government even plans to build six new industrial cities similar to the King's Economic City throughout the country.

This will promote the formation of an economic development model with Saudi Arabian characteristics! Fang Mingyuan has also heard some remarks saying that the reason why Saudi Arabia launched the King's Economic City was actually stimulated by the economic development of Dubai. He hoped that it could be established in Jeddah and the King's Economic City.

Fang Mingyuan doesn't know how true this is to copy the success of Dubai.

"Well, that's where it is." Prince Al Saud nodded. "It contains industrial parks, commercial areas, residential areas, hospitals, schools, golf courses and other living and production facilities, as well as a building that can handle 2.7 million containers per year.

port, hundreds of projects need to be constructed in batches. But to be honest, our government is currently very dissatisfied with the construction process of the King's Economic City. It has been more than a year since the start of construction, but several projects have just been completed.

It's just a foundation. At this rate, it's impossible to complete the construction as planned! I hope Longxing Construction Group can bring the speed of construction in China to our country!" Prince Al Saud has been to China many times. For

I was deeply impressed by the construction speed of Huaxia Engineering Project.

Fang Mingyuan pondered for a moment and said: "Khalid, there are many external factors that trouble construction projects in your country. It is very difficult for Longxing Construction Group Company to achieve the same construction speed as our domestic projects!" The climate in Saudi Arabia is year-round.

Due to the hot weather, especially in the summer, there are very few hours of work that can actually be started in a day, which cannot be changed by humans. Moreover, due to the abnormal development of domestic industry in Saudi Arabia, various building materials, including cement, are needed for the construction industry.

, about 90% of which need to be imported from overseas. Moreover, the government investment in Saudi Arabia’s contracted engineering market accounts for an absolute proportion, especially in the King’s Economic City, and the engineering contracts here generally require that similar products be prioritized for local procurement.

, but the current Saudi Arabian engineering market continues to grow. The domestic construction material manufacturers in Saudi Arabia are in short supply and the delivery time is difficult to meet the construction progress requirements. In particular, the supply of cement and steel is often interrupted. This is also an important reason why the project progress is often slow. After all, it is a coincidence.

It is difficult for a woman to make a living without rice. Without sufficient supply of cement and steel, we cannot ask the workers of Longxing Construction Group Company to use their minds to build high-rise buildings, right?

Shi Wenli was full of excitement. The construction engineering market in Saudi Arabia can be said to be the largest engineering market in the Middle East, with a total output value of more than hundreds of billions of dollars every year. Moreover, the Saudi Arabian government is extremely rich, so it is naturally extremely rare to default on construction projects.

The company's money incident occurred. Although the construction companies of Sanshan Xinghai Group Co., Ltd. are not qualified to build those landmark buildings, they have taken over projects such as modern highways, bridges, airport supporting facilities, ports, schools, hospitals, residences, etc.

project, it is not a problem.

"As long as it's faster and better than those construction companies, that's fine." Prince Al Saud said, "I can make the decision on these two projects. I will give you the detailed information later. If you are interested, just

Leave it to Longxing Construction Group Company." These two projects are funded and constructed by his companies. Of course, the sooner they are completed and put into use, the sooner they can obtain profits. More importantly, he hopes

Through repeated cooperation, the relationship between the two parties can be further brought closer. (To be continued.)

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