Pengo's three buildings seized in Mascara
Hello everyone, I am Pengo, I have lived and worked in Algeria in North Africa for 12 years. Pengo was engaged in construction and agriculture on the Algerian side. Last year, Pengge spent 10 million yuan to buy 7,300 mu of freehold agricultural land here. There is no fee for a one-time buyout. Why did Peng Ge choose to start investing in agriculture? Because the construction industry is really not easy to do. Now many large domestic housing enterprises are also frequently spread out of the news of poor management, our North African construction market and real estate development market is the same, it is not easy to do.
The main performance is: everyone has no money in their hands, the house is not easy to sell, the house in the hands of the real estate developer cannot be sold, there is no money to pay the construction company, there is no money to the construction company, the progress of the project cannot go up, and finally the project will be rotten, once the project is rotten, not only will there be no new customers to buy a house, the old customers who have paid the house payment before will also require the real estate developer to refund as soon as possible. If the real estate developer doesn't refund the money, the customer who buys the house will take the owner to court. In this way, real estate developers can only choose to refund, or run away. If you choose to refund, then the progress of the project will be even more difficult, and the project will basically be in ruins.
The project on the picture is 144 sets in Mascara Province, the real estate developer is our Åland City, the whole project, about the need to invest more than 30 million yuan, our company is mainly contracted concrete works. At that time, the output value of 250 million dinars was made for this owner, and the owner only gave us 150 million dinars (5 million yuan), and there was still a difference of 100 million yuan (3.5 million yuan), and the owners did not pay us. This land is not considered the owner's. On the Algerian side of North Africa, there is a franchise model, that is, the provincial government free construction land, granted to the local real estate developer, after the house is built, the real estate developer according to the price of 60,000 dinars / square meter (2,000 yuan), to the provincial government to pay the cost of land. Our 144 sets of Mascara province, belongs to a small province, the economic level is not good, the owner of the external price is 120,000 dinars / square meter (about 4,000 yuan / square meter, with decoration, in addition to the Algerian house, sold are indoor area, no pooling costs, the area of this side of the house is not included in the pool area) The house is a bit unsettled.
This owner has several projects in Oran, circled about all the customers who sold the house 70 billion dinarar (about 250 million yuan) after the capital chain was broken, no way, the owner ran to Spain, the owner transferred part of the customer's purchase money to Spain, bought a large hotel in Barcelona, Spain. The owner's wife was taken to the Oranggdyel Women's Prison. (It is said that at present, her wife is working very hard, is studying hard in prison, preparing to get a graduate degree and a doctorate degree, and make a meritorious reduction) This owner is also involved in the problem of selling more than one room. A house, sold 3 to 4 times, charged 3 to 4 times to sell the down payment of the house, Algeria, Åland City, about 2,000 buyers suffered.
After the owner ran away and the owner's wife was arrested, we began to fight a lawsuit. My partner is a graduate of the Department of Architecture, he usually does a good job of contract and engineering quantity sheet, every time he signs a contract, it must be reviewed by the company's lawyer, and after each floor or two floors are completed, after the project quantity list comes out, it must be signed and sealed by three parties: our construction company, design institute, real estate developer. Such a set of consolidation, our company's evidence chain is relatively complete, so as to win the lawsuit. (Here to remind everyone, overseas investment is very risky, all the procedures must be complete, the contract must be carefully reviewed, or it is easy to fall into the pit) Pengge in North Africa for 12 years, has seen a lot of Chinese doing construction, because the project contract and the project quantity list is incomplete, each project is millions of yuan, millions of yuan in arrears, and finally can not be recovered.
Peng Ge worked in 2015 in the 18,000 bed project of the University Town in Oran
North Africa Algeria China Construction Second Bureau 18,000 bed project compound