He is Already a Tycoon at a Young Age! - Chapter 109



Only Noblemtl

#109

Three days later, a large farm on the outskirts of the Saudi Arabian capital.

This farm is about the size of Yeouido and was established after Taean Group provided a significant bribe to the highest level of the Saudi Arabian Ministry of Agriculture and Forestry.

‘Saudi Arabia is still a backward country.’

The level of integrity among high-ranking public officials is really low.

[grandfather.]

[Why should I support anything else?]

[We need Samjeong Precision’s technology.]

[Taean Group doesn’t have precision machinery technology?]

[I haven’t acquired the mechanical precision company yet. I plan to do so soon.]

[What skills are needed?]

I had already asked my grandfather, the chairman of the Samjung Group, three months ago to secure mechanical engineers from Samjung Precision, and sent them to the president of Taean Seed and the president of Taean Farm, giving them special instructions. That is how the new farming method of Saudi Arabia was completed.

“What is this thing that slowly turns around on the long axis?”

I brought him here just as I promised the old prince.

“This is an automated machine for a new farming method in Saudi Arabia. The long poles on both sides are 50 meters long, centered on the central axis. Water is supplied to the crops from the poles. If the crops are watered in this way in a mist spray manner, evaporation by the sun can be minimized.”

“Really?”

“Yes, we can reduce the amount of groundwater used by up to 1/25. Now, you can see that there is almost no groundwater wasted through evaporation. In addition, if we use automated machines when spraying pesticides, we can drastically reduce the labor force.”

“The same goes for spreading fertilizer, right?”

“Of course.”

The old prince nodded at my words.

“Your Majesty, but this may increase power consumption.”

One of the old prince’s associates whispered to the old prince.

“Electricity can be produced by burning crude oil.”

The old prince seems to like agricultural automation machines.

“Electricity consumption will also be reduced.”

The old prince looked at me as I spoke.

“Are you sure?”

“Of course. We used to use electricity and oil to pump out groundwater. But now we don’t need to pump out large amounts of groundwater, so power consumption will decrease. Also, if you pump out large amounts of groundwater, the ground will sink, so you don’t have to worry about that anymore.”

“I guess so.”

“It is a semi-automatic system so far, but we can build a fully automated agricultural system within a year. It has its drawbacks, but in the long run, it will have a huge impact on the development of agriculture in Saudi Arabia.”

“disadvantage?”

“Yes, I can’t just tell you my good points and lie to you, Prince.”

“That’s true. What are the identified shortcomings?”

“It’s the cost of installing automation machinery. To install these agricultural automation machines, it requires an investment of $1 million per unit.”

“A million dollars?”

“Yes, that’s true. But my economic research institute’s analysis says that the $1 million installation cost can easily be recovered in three years due to the expected reduction in labor costs.”

An old Saudi Arabian prince nods again to my words.

“It’s an innovation. Hahaha!”

I really like it.

‘Now let’s claim the profits.’

* * *

The old prince’s office.

“If we want to introduce new farming methods, we will need to increase the number of joint ventures established.”

“Of course, Your Majesty.”

“First of all, it is a given that a joint venture for home vegetable cultivation equipment should be established, and then a joint venture for the production of solar-powered streetlights should be established. After that, I would also like to establish a joint venture for a large-scale farming company that introduces new farming methods.”

“We will process it so that it can proceed immediately through the practitioner.”

“intelligence.”

“Yes, Your Majesty.”

“What about the distribution of shares in the joint venture?”

“I hope it’s 50-50.”

“Fairly?”

“Yes, that’s right. If I recommend and support a joint venture, the joint venture will be established in Saudi Arabia right away.”

They are asking for more shares.

“It may be presumptuous of you to say this, but if the prince owns more shares, the Saudi people will think that you are giving special favors to the joint venture for their own benefit. And I think what the prince needs is not the profits generated by the joint venture, but the future of Saudi Arabia. Furthermore, I think your goal is to pass on Saudi Arabia’s bright future to the young prince.”

The old prince’s expression became serious for a moment at my words.

‘You shouldn’t talk about the succession to the throne so carelessly.’

So, I’m saying it in a roundabout way.

“Hmm.”

“I would appreciate it if you could think about that part.”

“Right. Do that.”

“Yes, thank you. Your Majesty, I have a business suggestion to make with him.”

“What?”

“The most urgent need in Saudi Arabia is water resources. The spread of new agricultural methods has drastically reduced groundwater use, but the scale of agriculture will continue to increase, so the water shortage will continue.”

“So what’s the alternative?”

“Of course, it is the expansion of ocean desalination facilities.”

“Expansion of ocean desalination plants?”

“Yes, that’s right. Up until now, we’ve been burning crude oil and using that energy to evaporate seawater to make fresh water, but I think we should use natural gas instead of crude oil to secure energy and evaporate seawater to make fresh water.”

“Natural gas?”

“Yes, Saudi Arabia also has abundant natural gas, and neighboring countries like Qatar and Bahrain also have abundant natural gas. If we can operate marine desalination facilities with natural gas, we can convert the crude oil that was unnecessarily consumed to operate marine desalination facilities into exports.”

“That is true.”

“Among the companies run by my grandfather, there is a company called Samjeong Heavy Industries that has the technology to build ocean desalination facilities.”

“okay?”

“Yes, we can build the largest ocean desalination plant in the Middle East. If Saudi Arabia builds more than 10 such ocean desalination plants, Saudi Arabia will be able to overcome its water shortage.”

“You want that as a gift?”

“Yes, it is certainly beneficial to me. And it is certainly beneficial to the Saudi royal family. Also, if you improve the water supply system in Saudi Arabia through the expanded sea desalination plant, the prince will be providing convenience to the Saudi people.”

“The construction cost must be considerable, right?”

“Yes, it would cost more than $2 billion to build the largest ocean desalination plant in the Middle East.”

“Jisung, you told me that I need to build ten more places.”

“Yes, if you accept all my suggestions, it’s $20 billion.”

If this project goes ahead, Samjung Heavy Industries’ stock price will skyrocket.

‘and.’

This will rewrite the history of construction orders in the Middle East.

“Twenty billion dollars is a lot of money to me too.”

“Of course. So, after installing the ocean desalination facility, privatize it, and then improve the water supply, privatize the water supply as well.”

If you improve the water supply facilities, that’s also money.

“Privatization of water supply?”

“Yes, that’s right. Taean Group will lead all of those businesses and establish a joint venture with the prince to pay the prince a huge dividend.”

An old prince staring at me intently.

“intelligence.”

“Yes, Your Majesty.”

“I will invest 10 billion dollars in you.”

“I am embarrassed.”

“I heard that you are a successful investor as well as a businessman. Use the $10 billion to carry out all the businesses you tell me about.”

In short, it’s bullshit that I’m telling you to use $10 billion to make a profit and then use that profit to do all the businesses I mentioned.

“I am very sorry. I will carry out all the orders given by the Prince.”

“Are you asking for compensation?”

“I am ashamed. My grandfather and I run an oil refinery and an oil distribution company.”

“Hahaha, if it’s compensation, it should be cheaper than the international oil price, right?”

“I am embarrassed.”

“I will give instructions to the practitioners.”

This is a plus.

“I am sorry. But, Your Majesty.”

“Do you have any further suggestions?”

“Something slightly worrying came to mind.”

“What is that?”

“Below Saudi Arabia is Yemen. And in Yemen, there is a powerful rebel group.”

The old prince immediately frowns when Yemen is mentioned.

“If a civil war breaks out in Yemen and the rebels become stronger, I really think that the Yemeni rebels might attack Saudi Arabia’s oil fields in order to provoke the world.”

“That’s impossible.”

“Your Majesty, nothing is impossible in the world. It is impossible now, but as science advances in the future, weapons will also advance. As weapons advance, economic powers will become military powers, but in small-scale terrorism, rebels can also develop unmanned weapons that are a headache by using advanced science.”

“A headache-inducing unmanned weapon?”

“Yes, I will show you. Would you like to see the weapon?”

“I permit it.”

The old prince spoke with a frown.

I immediately turned my head and instructed the chief secretary who was waiting to bring in the Taean Industry Weapons Development Headquarters Director. After a while, the Taean Industry Weapons Development Headquarters Director and his staff entered the old prince’s spacious office carrying a fairly large box.

“Is that the weapon in that box, Ji-seong, that troublesome weapon you mentioned?”

“Yes, that’s right. It’s an unmanned drone.”

After speaking to the old prince, I instructed the head of the development headquarters to open it. And immediately the unmanned drone was opened.

I started controlling it right away with the wireless remote control.

“It’s exactly as Ji-seong said.”

“Yes, so it won’t be detected by radar provided by the United States. If the size of that drone is 10 times larger than it is now, and if it is equipped with liquid explosives and targets Saudi Arabia’s major oil fields, it will be easy for Yemeni or Syrian rebels to successfully carry out the attack.”

“Hmm.”

It’s the old Saudi Arabian prince who is groaning.

[Ji-sung, you want us to transfer technology to Russia and develop anti-aircraft weapons?]

[Yes, Grandpa. It’s not an anti-aircraft weapon that can catch large fighter jets, but a small to medium-sized anti-aircraft weapon that can catch even small unmanned drones.]

[Even if we develop it, will it be possible to sell it overseas?]

[Overseas sales are the main focus, but it will also be a great help for independent national defense. It is really absurd in modern society, but North Korea still has AN-2 aircraft for infiltration. And with its economy in ruins, North Korea is more likely to use cheap unmanned drones as attack weapons than fighter jets. So I think Taean Industry should develop defensive weapons to prepare for that. Isn’t the reason your maternal grandfather runs Taean Industry to contribute to independent national defense?]

[Yes, you are right. I will give instructions to the weapons development division.]

“The drone flying in this office right now can be produced for 100 million dollars. If a terrorist drone made for about 200,000 dollars were to succeed in attacking Saudi Arabia’s major oil fields, wouldn’t the damage to Saudi Arabia be at least 10 billion dollars?”

“Hearing that gives me goosebumps.”

“I believe that the prince who is responsible for the future of Saudi Arabia must prepare for future threats.”

The old prince nods his head to my words.

‘You are my bear. Hahaha!’

And you shouldn’t push any further here. If you make them worry, they will take action on their own.