He is Already a Tycoon at a Young Age! - Chapter 108



Only Noblemtl

#108

“What is the method?”

“We will show you new farming methods at Taean Farm, which has been approved by the Saudi Arabian government.”

“You’re saying I can’t show you right now.”

The old prince spoke to me as if he had not expected much from the beginning.

“What I can show you here now is a home vegetable grower.”

“Home vegetable grower?”

“Yes, that’s right. I know that Saudi Arabia imports grains like wheat, vegetables, and all fruits except for dates from neighboring countries.”

“Because Allah does not permit everything.”

“Yes, Allah is a just God. Instead, He gave the Saudi royal family a rich genetic wealth. That is why I came here. May I show you a home vegetable garden?”

“Let’s see, we have to see it no matter what.”

“yes.”

As soon as I finished speaking, the developer of the Taean Electronics home vegetable growing machine who had come with me to Saudi Arabia came in with his machine.

“This is a home vegetable grower. It uses electricity to light the lights and uses hydroponics to grow vegetables without soil. It is well-made enough to be used as a decoration at home, and the sight of the vegetables growing is also good enough to be used as an ornament.”

Inside the home vegetable grower developed by Taean Electronics, the vegetables are already fully grown and green.

“Is this possible?”

“Yes, that’s right. As you can see and hear, it doesn’t consume much electricity and makes almost no noise. The average Saudi citizen suffers from vitamin deficiency. This can be easily solved. And since this electronic product is for home use, it will inevitably consume some electricity. So I would like to introduce solar panels to your Majesty.”

As soon as I finished speaking, the developer of the home vegetable grower attached a small solar panel to the home vegetable grower.

“This way, even an average Saudi Arabian household can generate electricity, which can then be used to grow vegetables at home. Depending on the size of the solar panels, they can even generate electricity to turn tap water that would normally only produce hot water into cold water.”

“How much electricity can we reduce with this?”

“It won’t be much. But these solar panels could have a lot of applications. Saudi Arabia is rich in oil and sand, but the sun is also hot. If all the streetlights in Saudi Arabia were replaced with solar-powered streetlights, the electricity consumption would definitely decrease.”

Now the old prince nods his head to my words.

“Father, this is amazing.”

Children are curious about new things. That may be why little Bin Salman said he was amazed by the home vegetable grower.

“Do you think so?”

“You can grow vegetables indoors too.”

“Yes, Your Majesty, if your father, the Prince, gives this home vegetable grower as a gift to the people of Saudi Arabia, the people of Saudi Arabia will respect you more. And every time they harvest vegetables from the grower, they will remember your kindness.”

“That could be the case.”

“Yes, and I plan to produce and sell seedlings of vegetables grown in my home vegetable garden in the capital of Saudi Arabia. If you allow that, Saudi Arabians will no longer have to worry about vegetables or tomatoes.”

“Even tomatoes?”

“Yes, the home vegetable grower was developed to be small enough to be installed inside a home, but if the home vegetable grower were to be expanded to the size of a container, fruit production would also be possible.”

“It makes light with solar panels?”

“Yes. Also, since the water supply is spray-type, it can also drastically reduce water usage.”

“for a moment.”

The old prince seems to have caught the mood.

“Is the water supply method applied in the open field farm you mentioned the sprinkler method?”

“Yes, automated spraying. It will drastically reduce the number of farmers. Most of the workers in Saudi Arabia’s agricultural industry are foreign workers. We can drastically reduce their numbers.”

“how?”

“If we supply fertilizer and pesticides to the water supply device, won’t the labor force be reduced? Just wait three days and I will show you a demonstration of large-scale innovative agricultural technology, Your Majesty.”

The old prince nods his head to my words.

“Father, when I see it, I think that container-sized growers are truly an innovative agricultural technology.”

The little prince said to his father.

I was surprised.

“okay?”

“Yes, if you grow it indoors, it’s not affected by the environment and there’s no damage from pests and diseases, and I think you can farm consistently regardless of the weather outside.”

“Everything the Little Prince said is right. In fact, one of the core businesses that Taean Group is pursuing is the smart plant factory business.”

“okay?”

“Yes, I would like to fully launch the smart plant factory business in Saudi Arabia. I would like to establish headquarters in Saudi Arabia and enter the Middle East region.”

“To headquarters?”

“yes.”

“Then, would you be willing to set up a joint venture with me?”

The old prince seems to think that the smart plant factory business may not be profitable, but it is politically useful.

“I would be honored if Your Majesty would establish a joint venture with me.”

After winning the old prince’s favor, Samjung Heavy Industries must obtain a contract from Saudi Arabia to build a sea desalination facility.

‘Just don’t burn crude oil.’

We need to make it possible to import crude oil at a low price after replacing it with natural gas.

‘Qatar and Bahrain.’

There is a lot of natural gas.

Also, if cooperation with Russia goes well, we can supply natural gas from Russia. Of course, if the business expands to that extent, the United States will get nervous.

“Hey, that smart plant factory business isn’t going to make any money right now, is it?”

“Yes, it will. But I think there is a 100% chance that it will grow into a future core business. And doesn’t the prince think the future is more important than the present? I think the smart plant factory can be responsible for the prince’s future and the little prince’s tomorrow.”

“Politically?”

“Yes, that’s right. Has there ever been a prince so scientific among the royal family of Saudi Arabia? And has there ever been a prince who cares for the people so much?”

“Hahaha, I think so too.”

“And finally, there was no prince who invested in strengthening food sovereignty.”

“Did you say food sovereignty?”

“Yes, if Saudi Arabia were to be unable to import all agricultural products consumed in Saudi Arabia, except for wheat, due to pressure from a certain country or a change in the international situation, wouldn’t that itself be a crisis?”

An old Saudi Arabian prince nodding his head to my words without realizing it.

‘Strengthening food sovereignty?’

It’s the sound of a dog eating grass.

‘If there is a food shortage, we can buy it from abroad.’

When it comes to crops, consumers are above producers. It is natural, since there are many countries that want to sell and few countries that want to buy. However, some politicians in South Korea still talk about food security and will continue to do so.

‘of course.’

There will come a time when food security will also become important.

That’s probably in 100 to 200 years.

“You can become a prince who innovates Saudi Arabia’s agricultural technology and focuses on food security. And no matter what anyone says, Saudi Arabia is the leading Arab country in the Middle East. So I hope you can further enhance the prestige of the leading country by increasing food production.”

“Hahaha, hahaha!”

An old Saudi Arabian prince smiling at me.

“You are a little devil.”

“yes?”

“Because you whispered to me words that I absolutely cannot refuse. First, I want to establish a joint venture to produce the home vegetable grower you requested. Along with that, as a side note, I also want to establish a joint venture to produce streetlights using solar panels.”

“thank you.”

“I will use my power to ensure that the Saudi Arabian government purchases all the solar-powered streetlights.”

If this happens, solar-powered street lights, which I mentioned as a side note, will be a bigger hit than home vegetable growers.

“How long will it take?”

I asked the developer of the home vegetable grower in a small voice.

“We can complete the development of a new product in two months. It’s not like it was a completely new product.”

I listened to the developer and looked at the old prince.

“I am very happy that the prince is satisfied. And we will develop solar-powered street lights within two months and prepare to produce more than 10,000 units per month. Thanks to the prince’s decision, Saudi Arabia has become an eco-friendly country where the night is lit by the sun.”

“You are truly a good speaker. And your thoughts and imagination are amazing.”

“I am embarrassed.”

I bent down.

‘If it is a project promoted by the third in line to the throne of Saudi Arabia.’

The delivery price of solar-powered street lights can be high.

‘Assuming the production cost is $100.’

When you complete the finished product and deliver it to the Saudi Arabian government, you can get $1,000. If you make that much profit, half of it will be deposited into the old prince’s account, so it will probably be worth it.

‘That’s why in developing countries.’

It seems like we have to join hands with those in power to do business.

“I am very satisfied today, so I will hold a banquet. You should attend as well.”

“Yes, I understand.”

I think he really likes me.

“and.”

“Yes, Your Majesty.”

“I want you to be my son’s mentor.”

“Me?”

“You are young, but my son is younger than him, and I am already old. The business that you and I have done will eventually be inherited by my son. I want to have a perfect business partnership. I also want to be friendly in private. I think that you, young man, are truly capable. If such a person becomes my son’s teacher, then in my son’s time, even if Allah’s blessings are exhausted, the royal family will be richer.”

This is where I learned how selfish the Saudi royal family is.

‘The Saudi Arabian people must be prosperous.’

They only want to be prosperous forever.

‘but.’

All the powerful and the rich would think like the old prince. If everyone were equal, no one would try.

“The royal family of Saudi Arabia and the prince and the young prince will be blessed by Allah forever and I will work to make that happen.”

The old prince nods his head to my words.

“You said you’re a businessman and also an investor?”

You can just laugh at questions like this.

“Your Majesty, if you invest in me, I will fill Saudi Arabia, which is depleted of oil, with gold.”

He is an old prince with a lot of money.

‘The investment amount is also huge.’

In fact, both business and investment are done with other people’s money.