Hello everyone, I am Pengo, I have lived and worked in Algeria in North Africa for 12 years. Peng ge is currently mainly engaged in construction and agriculture in Algeria.
This month, Pengge accepted an interview with @ real people interview, their editor asked a very detailed question, the interview lasted for several days, and finally wrote an article, hung out, 24 hours, there are 1.45 million reads, and many fans are through this article to add Pengge, Pengge here to thank everyone for their support.
Articles hung out 145 million reads a day
After the article was hung up, Peng Ge also went to see the comments of netizens, and I found that many netizens read the article very carefully, and the questions asked were also very practical. Among them, some netizens asked, how did Pengge's first bucket of gold in North Africa come from? And how can I make 10 million RMB in North Africa in 6 years?
Today, Pengge will talk about these two issues in detail. First of all, where did the first bucket of gold for Pengge's entrepreneurship come from? At the beginning of 2016, when Peng Ge and his friends started a partnership, they got 70 million dinars (about 2.7 million yuan) at the beginning, because the exchange rate at that time was still 1 yuan for 26 dinars. The 70 million yuan is constituted in this way, there are 20 million dinars is the advance payment received by the two owners, one took 5 million dinars, and the other, we took the advance payment of 15 million dinars. The remaining 50 million is mainly obtained from building material suppliers. We got 15 million dinars of reinforcement from the rebar supplier, 15 million dinars of material from the formwork, wood square and red top pole suppliers, and 15 million dinars of concrete from the commercial mixing station, thanks to the Algerian suppliers CCBO and MC BOIS of Oran, and the old A commercial mixing station EGTB. The other 5 million dinars are mainly owed to the two big hardware stores in Oran, CODIQ and GFD. In fact, Chinese who have done construction in Oran and bought building materials know these several.
The red top rod used in the Algerian construction industry This red top pole does not seem to be used much in the country
Oran formwork wood square red top bar supplier CCBO
Oran formwork wood square red top bar supplier CCBO
Pengge began to do construction companies in 2106, algeria this side of the construction market has begun to be bad, many construction companies are owed to building material suppliers materials payment, so that at that time Oran has an unwritten rule, all newly established construction companies, building materials suppliers do not give arrears. Pengge has known these suppliers since 2012, and the relationship has been maintained very well. Because Pengge's French is very good, sometimes when I go to the supplier to purchase building materials, I often meet a new Chinese buyer who has come to Algeria and has a bad French, and Pengge will help him translate with the Algerian supplier. Over time, Peng ge and Algerian building materials suppliers are very familiar. Therefore, when Pengge established the company in 2016, the building materials suppliers of Oran successfully gave Pengge 50 million dinars of arrears.
As for, I made tens of millions of yuan in about 6 years, which is better calculated. Pengge's construction company will do 6 to 8 projects every year, and Pengge has done nearly 40 projects in 6 years from 2016 to 2022.
The profit of the project, a little smaller, is about 600,000 to 800,000 yuan. Larger projects are generally profitable from 2 million to 4 million yuan.
For example, taking the 160 sets made by Pengge in Oran as an example, the profit of Pengge making concrete in this project is about 3.5 million yuan.
Pengge's 160 real estate development projects in Oran
During the 6 years in Algeria, Pengge has done 132 sets of real estate development projects in Oran, 110 sets of real estate development projects in Oran, 18-storey hotel in Oran, 30,000 square meters of water park in Oran, 136 sets of real estate development projects in mostaganem province, 144 sets of real estate development projects in mascara province, 50 sets of seaside villas in mostaganem province, 160 sets of real estate development projects in Oran, 120 sets of real estate development projects in Olan, and two children's guesthouses in Aolan. 60 villa projects in Oran, 100 real estate development projects in Oran and so on.
Oran 30,000 square meters water park
Oran 30,000 square meters water park
Oran 30,000 square meters water park
Mostaganem province 136 real estate development projects
In short, in the past 6 years, looking at the books, there should be tens of millions of yuan in profits, but some of the money has become the company's vehicles, materials and tower cranes and other fixed assets, in addition to the current Pengge has 20 million yuan of project funds confiscated back. In this way, after Pengge bought 7300 acres of land, he basically had no money in his hands, and his daily life was tight.
The 20 million yuan confiscated back of the project money, Pengge is currently fighting with several unscrupulous local developers, the prosecution of the lawsuit, the seizure of the seizure, the auction of the auction! That's another story, and when I have time later, Peng Ge will tell you how to fight a lawsuit in Algeria, North Africa.
In addition, when Pengge's previous flights were normal, there were two other businesses.
One of them is the visa extension business, which provides a 3-month visa extension for Chinese coming to Algeria. Each person will be charged about 1500 RMB.
The other is the air ticket business. This is to cooperate with a labor agency in Beijing to sell air tickets. The main thing is to earn an exchange rate difference. For example, if the exchange rate is 1 to 28, Beijing will give me a 1:26 settlement. The profit margin of this is about 7% of the operating amount. For example, in Algeria, North Africa, if you exchange dinars for yuan, you need about 28 dinars to exchange for 1 yuan. But if you exchange 1 yuan for dinars, then you can only exchange 26 dinars, a difference of 2 dinars. Because people who change money also need to eat properly.
My first bucket of gold and the fact that I spent 6 years making tens of millions of yuan in Algeria in North Africa is probably such a situation, if you still have questions, you can tell Pengge, Pengge to answer for you.
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