Chapter 1262: small world

Zia. Huck looked at the plan in his hand and couldn't help but sneer again and again.
Everything was said by Eric. After knowing that the competitor had retreated, the only bidder would definitely offer a shocking price.
It has nothing to do with justice or not, this is due to the most primitive profit-seeking nature of capital.
This is a very beautifully packaged plan. This "exquisite" does not refer to the cover and printing of the plan, but the content.
At first glance, the conditions given by the Unocal-PSA consortium are very attractive: the consortium plans to invest a total of US$460 million in the Gwadar region to build a deep-water port, a large oil refinery including an oil depot, A large-scale land cargo yard and ship repair shop are in a series of necessary port facilities. For the convenience of communication and logistics transfer, the consortium will also provide independent thermal power stations and water supply facilities for this future port. A set of lighting systems, a set of communication systems including satellite ground stations and microwave transmission towers that are completely physically isolated from the Pakistan Railway communication facilities, and an airport that can take off and land large transport aircraft.
The investment is so large and the construction period does not look like a short one. Therefore, the consortium requires a one-time signing of the port use time of 40 years.
If the above content is normal, then the following conditions will be more stringent.
The consortium proposes that during the 40-year operating period, the consortium will obtain all the benefits of Gwadar Port, and after the 40-year expiration, if the consortium proposes to renew the contract, the Pakistani side cannot refuse, and the first renewal period During this period, Pakistan will receive 9% of the port operating income. After the first renewal period, Pakistan has the right to choose to withdraw the operation right or renew the contract with the consortium. After that, the duration of each renewal is not short. In 10 years, the renewal conditions refer to the content of the first renewal.
If the port is handed over to others to operate for 40 years, there is no profit for one dime, and only 9% of the operating profit will be obtained for the next 20 years. If this condition is announced, Ziya. Huck felt that he could be drowned by the saliva of the Chinese.
However, the other party’s interpretation of this condition is also high-sounding-this clause is signed in full accordance with the internationally accepted "BOT" model and "build-operate-transfer" model. There are many international practices to follow, so this condition is completely reasonable. .
Zia. Hacker immediately asked a trusted international business legal expert to come for consultation, but found that the consortium really did not lie on this article. There are many business development cases that adopt the "BOT" mode of operation, and international practice, in the investment and operation stage, Income is not paid to the owner.
I'm afraid the only problem is the operating period.
If you can barely pinch your nose to recognize this article after bargaining over the operating period-the worst result is that it will take 60 years to reclaim a mature port, and at least something is left, then next The conditions are completely unacceptable.
The consortium requires that in the designated area, the land extension of the port area will build a fence. The consortium will hire security personnel on its own and decide independently what security measures to take, including unrestricted possession and use of various joint The right to patrol and deal with personnel and incidents for conventional weapons deemed necessary by the body, the scope of implementation of this right includes the part within the port, entry channel and land fence.
What is the construction of a commercial port? This is obviously a military base!
If this condition is agreed, the Gwadar region will undoubtedly become a military port, concession, and a country within the United States in the region!
Moreover, they also enjoy extraterritoriality!
Zia. Huck left the plan aside in disgust, turned around and picked up another thin document, and read it again. This time, he saw more and more exciting information from the information Tan Zhenhua brought him. Content.
Prescott Busch, born in 1895, graduated from the prestigious Yale University. During his time at school, he was not only an outstanding student, but also an excellent golfer, handsome and strong. He won the favor of a beauty who was born in the upper class of America, and Dorothy Walker later became his wife.
Dorothy Walker’s father, George Herbert Walker, Prescott Bush’s father-in-law, is not an ordinary person. He is a good friend of the famous U.S. railroad tycoon Harriman and an investment company founded by Harriman. One of the directors and partners.
This investment company is called "Brown Brothers Harriman Company", or "BBH" for short. It is one of the oldest and largest private banks in the United States. It has developed into a well-known investment bank on Wall Street.
Prescott Busch, who married "White Rich and Beautiful", has since reached the pinnacle of his life. After George Herbert Walker retired, he inherited the position of his father-in-law and became the "Brown Brothers Harriman Company." One of the seven directors of the company.
And this Mr. Prescott Bush has a well-known son in the world, the current Vice President of the United States, George Herbert Walker Bush—as can be seen from the full name of Mr. Vice President, Pu Mr. Rescott's respect for his father-in-law George Herbert Walker.
Vice President Bush was a brave soldier when he was young. Six months before he graduated from high school, the Japanese attacked Pearl Harbor and the United States joined the Second World War. After graduating from high school, he joined the Navy on his 18th birthday and chose to become He became a naval pilot and broke the record of the U.S. Navy. He completed all flight training courses three days before he was 19, becoming the youngest U.S. navy pilot ever. His vehicle is a TBM "Avenger" carrier-based torpedo attack aircraft.
By the way, the TBM "Avenger" carrier torpedo attack aircraft, produced by the famous US "Grumman Aircraft Company", is also one of the representative works of "Grumman Blacksmith". The design of this fighter aircraft is a Chinese. Engineer, his name is Lu Hesheng. Lu Hesheng has a granddaughter named Vivian, who is Tan Zhenhua’s genuine girlfriend...
You see, this world is so small.
By the end of the war, George Herbert Walker Bush had completed 58 combat missions, of which he was shot down once but was rescued by chance. After the war, he was awarded the "Outstanding Flying Cross" for his heroic and outstanding fighting.
The fighting career is gone. George Herbert Walker Busch chose to pick up his books again. He entered Yale University to study. After graduation, he worked in a Texas company named "Texas Offshore Oil". The company’s company found a job and moved his family there. He quickly rose up because of his outstanding work and became the president and board member of that company.
Well, by the way, one of the original shareholders of the founding team of Texas Offshore Oil Company was Prescott Bush.
In 1964, a small merger occurred in the U.S. oil industry. Two medium-sized oil companies merged into one company by way of share swaps. The "Dezhou Offshore Oil Company" was one of them. The scale of the company has jumped to the ninth largest U.S. oil company, and its name is "Unocal" or "Unocal" for short.
It is one of the consortiums that came to bid this time.
It was also that year that George Herbert Walker Bush chose to abandon business and enter politics, opening his way to political rise.
PS: Brown Brothers Harriman, a well-known private bank and investment bank in the United States, public data show that its assets under custody reached US$5.6 trillion in 2017-Ma, it turns out that the Bush family is so rich!