Chapter 860 Industrial Development
As early as when the African Union established a peacekeeping mission to assist Mali, Colo promised to donate US$25 million to the African Union’s peacekeeping operation and also provided funds to the Malian government forces. Provide training and weapons and equipment worth $10 million.
In addition to enhancing Colo's influence throughout Africa, the purpose of these donations is naturally to promote their locally produced weapons and equipment.
Currently, Standard Defense Company’s weapons production base in Bogu, a small town in the north of Colo, has been put into production and can produce firearms, ammunition, various landmines, grenades and other conventional army weapons.
Next, they will also build a new factory near Bogu to produce L118 105mm light howitzers and supporting shells.
It can be said that the price of the same type of weapons produced in Colo is lower than that of the same type of equipment produced in Europe. The weapons and equipment they support for the African Union peacekeeping forces and Mali can be used as a "trial". If the quality can also make these If the country's troops are satisfied, they will receive many orders in the future.
Prior to this, Kolo’s neighboring countries such as Niger and Burkina Faso, which are also members of the West African Free Trade Organization, have accepted Kolo’s low-interest and interest-free Kolo shilling loans, I purchased some of the weapons and equipment produced by Bogu Base, and the evaluation of this is still very good.
This time when he came to Colo, Barron originally wanted to go to Standard Defense's production base in Bogu, but in the end he was persuaded by his security team.
After all, there are factories for gunpowder and weapons and ammunition there, and his security team doesn’t want Barron to take risks - things like accidentally igniting gunpowder explosions in arsenals are not unheard of in England, let alone The production base here in Kolo also employs a large number of local people, and to be honest, it doesn't feel that reliable.
Otherwise, why did Standard Defense choose Bogu, a remote town in the north, as its production base instead of near big cities like Loti and Bulita? There are also such concerns. in case.
It is worth mentioning that Kolo President Thomas Kabore has just concluded his visit to China and returned to Kolo not long ago.
This time when going to China, Colo has continued to reach a series of cooperation with China, and Thomas Kabore’s purpose is also to go to China to “attract investment” and promote Colo’s preferential policies. and a fair and open business environment to attract investment from Chinese companies.
At this stage, China is also encouraging their companies to go global and explore international markets.
But it is not so easy to enter the European and American markets for acquisitions and investments. The African market is also growing rapidly, but what is more worrying is that the unstable political situation in many regions will have a negative impact on them. investment has an impact.
Color's current political situation is stable, and with continued investment in education, medical and health, transportation infrastructure, etc., it can be said to be one of the few countries in Africa that is suitable for investment in all aspects, and it is also It can radiate the entire West African market, so it has really attracted many Chinese companies to come and inspect.
“Our previous cooperation with Honor Electronics was very successful. The mobile phone manufacturing base they invested in Kolo is the largest mobile phone manufacturer in West Africa. The products with affordable prices are not only very popular in West Africa, but have also been established throughout Africa. Sales network, with such a successful example, many Chinese companies are also interested in Colo..."
Thomas· Of course, what Kabore said to Barron, he knew very well, was that Dopod, a low-end brand owned by Honor Electronics, had previously built a mobile phone assembly base in Loti, Kolo. Its products are very cost-effective and are sold throughout Africa. They are all very popular. At present, Honor Electronics has started to build the second phase of this assembly base, which can provide more jobs for Colo and cultivate skilled workers.
In addition to Dopod, Transsion Holdings, a Chinese mobile phone manufacturer specializing in the African market, also takes a fancy to Colo's good regional location and business environment. They have invested in building a production base in Lodi, which is about to be completed. , located not far from the Dopoda (Lotti) assembly base... It is likely that that area will also become Kolo's mobile phone manufacturing (assembly) center in the future.
This time Barron came to Loti, it was very different from the first time he came to this city.
The most obvious point is that the slums that were once everywhere in Loti City have disappeared - or in other words, there are still areas where low-income groups live here, but the environment is completely different.
It is also because Loti is the best port in Kolo and even in West Africa. With the development of Kolo's economy and the expansion of their entrepot trade, Loti has attracted more and more capital. This also expanded the scope of Loti City compared to before.
Lotti had already begun urban transformation very early on, especially with the relocation of its administrative and financial functions to the new capital of Bullita, which also provided conditions for their urban transformation.
The Kolo government, through the Golden African Real Estate Company, is constructing large-scale low-rent housing in Loti City, especially near the new town. Income earners are charged very low rents and allowed to move in.
As a result, the residents of the original slums in Loti City have been gradually moved into low-rent housing. Then the vacant slums can be transformed and built into office buildings or high-end apartments - newly built These buildings located in the city center can bring significant asset appreciation to state-owned asset management companies, enough to subsidize the construction costs of low-rent housing.
Using this method, the municipal landscape of Loti City has been improved by leaps and bounds in just a few years.
It can be said that Loti is now a benchmark city in West Africa.
Foreigners who come to Loti, the largest city in Cologne, for the first time will be amazed - it is not that this place can surpass international cities such as London, New York and Shanghai, but Loti's municipal planning and The neatness and orderliness of the city completely overturned their impression of African cities.
Of course, these changes in Loti are also based on the industrial, manufacturing and commercial industries it owns, so that the municipal government here has the capital to improve its appearance.
Even though Bulita is the capital of Colo, Loti is still the economic center of Colo due to its excellent geographical location. It is home to more than half of the industry, manufacturing and other industries in Colo. Colo's most dynamic city.
Similarly, in terms of education, although the University of Colo has moved to Bulita, Loti still has a large number of technical colleges, including Loti Petroleum Institute, Mining Institute, Maritime Institute, etc., to continue to cultivate skills for their industries Type of work.
(End of this chapter)