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286, Eritrea Mining Rights

Basically half of the potatoes in Ethiopia were digested by Liu Dapao’s food processing factory.

This makes the food processing factory's sales for half a year without any problems.

Several factories soon started production and quickly drove the economy.

This region has formed an economic model integrating industry, agriculture and tourism services, and with the strong support of the Ethiopian authorities, it soon became a business card for Ethiopia.

This has attracted a large number of African Chinese to come here. Africa's economy is in a downturn, and this kind of special zone is naturally a great opportunity to make money.

In this way, it is like a snowball, getting bigger and bigger.

Perhaps seeing Liu Dapao’s big deal in Sudan and Ethiopia, Morocco also came to him.

They were willing to sign that agreement at the time because they were optimistic about Liu Dapao's development prospects. Now, they saw that there was nothing wrong.

Therefore, Morocco also opened a company in Sudan and Ethiopia and cooperated with Liu Dapao's company, so Liu Dapao naturally did not refuse.

They mainly export a large amount of mineral resources, including phosphates, forest products, furniture, etc.

Following Liu Dapao's economic pace, the Moroccans can also earn a lot of foreign exchange.

However, it is not only Moroccans who see this.

Eritrea, which had just split up, also saw it. They immediately sent people to negotiate with Liu Dapao and invited Liu Dapao to invest in Eritrea.

Liu Dapao, who had originally wanted to make trouble in Eritrea, naturally encountered another pillow.

The previous material transportation was transported to Sudan by air and then shipped out by sea.

If it can be transported directly through Eritrea, it will naturally be better.

Because of the separation of Eritrea and Ethiopia, the two countries must be in opposition. In this way, the economies of the two countries will be integrated soon, and no war will occur again.

Therefore, Liu Dapao agreed immediately.

He came to Eritrea in person for inspection.

Although Eritrea has such a good geographical location and holds the throat of the Red Sea, its economic development is very backward. Such a good place is mainly agriculture, and agricultural technology is extremely backward.

After some investigation, Liu Dapao decided to start mining here. Eritrea's mining resources are very rich, including gold, silver, copper, zinc and other resources. With mining as the core, it will drive Eritrea's economic development and then vigorously develop the electronics industry. This is an excellent opportunity.

In this way, it will probably be difficult for Western forces to gain a foothold in East Africa. At that time, Ethiopia, Eritrea and Sudan will support Liu Dapao and support China, and Western forces may not be able to penetrate it at all.

After the inspection, Liu Dapao immediately negotiated with Eritrea President Selasi and expressed his views.

"His Excellency President, Eritrea has such a good geographical location and should not be so poor. I think you should vigorously develop industry, and agriculture should give way to industry. This geographical location is a great opportunity for business development. Eritrea should seize the opportunity. I plan to start mining in Eritrea to revitalize your economy, increase employment, and then drive the development of other industries. If the President thinks there is no problem, my funds can come in at any time."

After hearing this, Selasi nodded repeatedly. Liu Dapao's investment in Sudan and Ethiopia was effective quickly, which is well known.

Moreover, Liu Dapao's industry quickly led to local employment, which is the most satisfying thing.

The employment rate is the key to the stability and development of a country. If everyone has a job, can the country still develop and not leave?

Selassi said: "Your Excellency, everyone sees your abilities. You are a good friend of our African people. Since you said that, I must be willing. I don't know, how will your lord develop the mining resources in Eritrea?"

Liu Dapao smiled and said, "Let me do this, I invest 50 billion yuan to acquire all the mining resources in Eritrea. What do you think about the President?"

Liu Dapao knew very well that Eritrea's mining resources were very rich. I'm afraid there were dozens of tons of gold, and a ton of gold could be sold for billions. This thing alone was enough to make back the investment.

Selasi hurriedly said, "Your Excellency the Village Chief, it's really a big deal. Since that's the case, we can sign the agreement immediately. However, the Eritreans will account for 90% of the workers who work in the mining industry at the Village Chief."

"Of course there is no problem, I will guarantee your employment."

Liu Dapao smiled and said that the locals can naturally be miners. How could such low-cost labor not be used? Of course, the main technicians and backbones at that time must be their own people. Liu Dapao will not hesitate about this so that his own people can trust them.

After the agreement was signed, the mining rights in Eritrea were quickly obtained by Liu Dapao. The agreement was clearly written that all the mineral resources in Eritrea were mined by Liu Dapao and no one could interfere.

Liu Dapao quickly paid the first sum of RMB 5 billion to the Eritrea authorities, which he would not pay at once. This would make the Eritrea authorities more dependent on themselves. They are poor and there are many places to ask for money. Liu Dapao's 5 billion yuan saved Selasi's life.

Not long after, nearly 100 Chinese mining experts arrived in Eritrea. These people were all called by Liu Dapao to the old man himself. There were no mining experts in Xiangjiang, and there were many in China.

After these experts arrived in Eritrea, they were immediately entertained by Liu Dapao.

"Everyone, take a few days off, make the jet lag, adapt to the local climate conditions, and wait until everyone has a good rest, and then go to various parts of Eritrea to investigate the resource situation."

Liu Dapao's words also made the experts feel very heartwarming.

After a few days of rest, the experts said they could set off.

The first goal is gold and silver mines.

Gold and silver currencies are hard currencies and have always been the protagonists of the world's financial market. No matter how paper currency depreciates, gold and silver will not depreciate.

However, it is not easy to survey gold mines, and it cannot be detected without technology.

After geological surveys of Eritrea and the collection of historical data, the experts finally set their target at a place called Koca, about 165 kilometers from Asmara.

"This is the village chief. This is where the deposit is located. We must immediately encircle this place, form security forces, and then start mining the gold mine!"

Huang Yuanchao, the leader of the expert group, pointed to the land under his feet and said to Liu Dapao.

Liu Dapao smiled with satisfaction and said, "Thank you all for your hard work, the mining is successful, each of you has 1 million!"

"Oh, long live! The village chief is so generous!"
Chapter completed!
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