Mining And Construction Tycoon [EN]: Chapter 107

107. What Cannot Be Severed (4)

To Rachman’s question of why he had come, Jang Mal-dong, who didn’t understand English, had Tae-soo answer instead.

[He has come to open a branch of Jangsu Bank in Saudi Arabia.]

That was the reason Jang Mal-dong had come to see Rachman.

[To establish a bank in Saudi Arabia… Why? Is this person also under severe pressure from the president?]

Rachman had clearly seen Tae-soo being subjected to unfair pressure.

[Not currently, but he was once on the verge of bankruptcy in the past.]

The sudden measure of freezing private loans on May 8th.

If Tae-soo hadn’t tipped him off, Jang Mal-dong would have gone bankrupt.

‘Come to think of it, I intervened, and Jang Mal-dong established Jangsu Bank, while Choi Mu-ryeong’s Chomyeong Bank has shrunk to a quarter of its former size. The future has changed little by little.’

This was because Tae-soo had planned to take over Choi Mu-ryeong’s Chomyeong Bank by using the oil shock and digging a trap.

If Han Cheong-ho hadn’t withdrawn a large amount of dollars to bribe a Saudi minister.

Does Choi Mu-ryeong even know that he survived by the skin of his teeth?

[Are you planning to leave Korea and take root in Saudi Arabia altogether?]

[That’s not the case. He plans to keep the headquarters in Korea and choose Saudi Arabia as the first overseas branch.]

[Why did you choose our Saudi Arabia?]

[It seems that overseas construction orders will become more active in the future. He says he will establish a Middle East bank for Korean workers based in Saudi Arabia.]

With the first global oil shock, Saudi Arabia has rapidly emerged as the largest oil-producing country in the Middle East.

All the oil extraction facilities occupied by Western powers were nationalized.

With that vast amount of money, Saudi Arabia intends to invest in national infrastructure, urban development, and construction projects.

The signs of a global Middle East boom, fueled by oil money, are already visible.

[When Korean companies rush to the Middle East to take on construction orders, Jangsu Bank plans to remit the foreign currency earned by Koreans from the forefront back to Korea.]

[Not a Saudi local bank?]

[The intention is to provide banking services for foreign workers.]

[Then the impact on the Saudi economy will be less than expected.]

[That’s why I’m asking for your favor.]

The first step is Saudi Arabia, and the next will be other Middle Eastern countries nearby.

Jangsu Bank planned to make a name for itself as a bank for overseas workers.

It is easy to attract foreign capital, the bank’s foreign currency holdings increase, and it earns remittance fees.

Also, the bank usage of families remaining in the country will naturally increase.

[I heard that the Saudi royal family is rejecting foreign bank capital forces. That’s why I came to ask for Rachman’s help.]

Saudi Arabia and Middle Eastern countries tend to be very exclusive towards foreign companies.

The reason Tae-soo was able to enter the Middle East in the first place was because there was a sponsor from the Saudi royal family for foreign companies in advance.

‘It’s not easy to get a sponsor from the Saudi royal family.’

Just as Han Cheong-ho introduced Samwon Construction to Rachman, Tae-soo introduced Jang Mal-dong to Rachman.

[Hmm. If it’s construction, I can just use Shobok City, which I founded, but banking is a bit complicated.]

Rachman is deeply involved in construction as he is in charge of urban development.

However, he is a bit distant from finance such as banking.

[This is not something I can decide alone either.]

It’s half a refusal.

However, judging from Rachman’s expression, the probability of success is high.

‘He looks like he’s come up with a good plan.’

Otherwise, there’s no way he’d look so happy.

[I have listened well to the proposals presented by Tae-soo’s two allies.]

There is a high possibility that both of their opinions will be accepted.

[There may be severe restrictions on foreign banks, but convenience facilities must be provided for workers, so I will carefully consider this and make a decision.]

[We will be waiting for good results.]

[Since the business is over, I will return.]

An Jeong-woo and Jang Mal-dong greeted him.

It was when they were walking towards the door.

Knock knock-

There was someone knocking on Rachman’s hotel door.

There’s no way the bodyguard would just stand by and watch, so the person who can knock on the door without waiting must be someone expected.

That would be the person Rachman introduced as Tae-soo’s ally earlier.

[Come in. I’ve been waiting.]

After Jang Mal-dong and An Jeong-woo left, Jang Jun-yong of Geumsan brought two people in with him.

[I thought I should bring them together because it seems like the construction managers should be present for the Jubail Industrial Port construction.]

Tae-soo had a strange expression on his face when he saw the two people.

‘It’s the president and vice president of Geumsan Construction.’

They are familiar faces.

The person Tae-soo paid particular attention to was the young man in his mid-30s who was the vice president of Geumsan Construction.

‘This guy stirred up Geumsan Construction by exposing the celebrity affair scandal involving the wife of the Geumsan Construction president in the newspaper.’

It was an unprecedented scandal that police and reporters raided the scene together, and it was prominently featured on the front page of the newspaper the next day.

At the time, there was a law against adultery, so the case almost went to criminal trial.

As a result, Geumsan Construction’s stock price plummeted, and contracts were canceled one after another.

Taking responsibility, the president of Geumsan Construction resigned from his position.

He divorced his wife, his daughter, who had her engagement broken just before the wedding, committed suicide, and the celebrity was banned from broadcasting and fled abroad.

It was written in the secret documents of the Cheongil Group that this young ambitious man was behind it.

‘An ambitious man who forcibly retired his superior with schemes and usurped the position of president. It’s been a while since I’ve seen him.’

He is recognized for his abilities at Geumsan Construction and is rapidly promoted, holding the title of vice president at the young age of 30.

However, in his previous life, he was the man who later became the president of Cheongil Construction and worked with Tae-soo.

‘After aiming for the position of Geumsan chairman and being frustrated, he bankrupted Geumsan Construction with his own hands and moved to Cheongil Construction. He was a capable man, but he was always doing dirty things.’

At that time, Park Cheol-wan, the president of Cheongil Construction, completed the three major achievements of Cheongil Construction and died prematurely from an unnatural cause.

The man who came in as his successor was Lee Mun-bok, the vice president of Geumsan Construction.

He got along particularly well with Han Il-kwon and eventually flowed into politics, even aiming for the presidency.

‘I’m seeing the betrayer that Geumsan’s Jang Jun-yong resented until he died here.’

Lee Mun-bok and Tae-soo made eye contact.

Lee Mun-bok smirked.

“Who is this greenhorn here? Is he perhaps an interpreter?”

The first words he said while looking at Tae-soo were ridicule.

Jang Jun-yong of Geumsan warns quietly.

“Be careful what you say if you don’t know. This is not a place for you to babble.”

But the elite, whose life has always been a success story, was not afraid.

“Didn’t the chairman also say that the Saudi prince sitting there is in charge of the Jubail Industrial Port, so we should properly appeal Geumsan Construction?”

He felt a slight anxiety after confirming the close relationship between Tae-soo and Rachman with his own eyes.

So he kept urging these two from earlier.

-Geumsan Construction also has the ability to successfully lead the Jubail Industrial Port construction.

“Isn’t that why you deliberately called me, the vice president, along with the president of our Geumsan Construction to properly appeal?”

That’s right.

-The talent to be responsible for Korean construction is not only Kang Tae-soo of the Taeyang Group.

-Geumsan also has talent.

-As an ally, they are more than qualified to jointly bid.

What he wanted to appeal was this part.

But the vice president of Geumsan Construction seems to have misunderstood this.

“Chairman, please watch. How I appeal the competence of Geumsan Construction.”

There are several ways to appeal competence.

The first method is to persuade by reciting in detail.

The second method is to use already proven performance and brands.

The third method is to compare with others and show it in front of your eyes.

“I will appeal the competence of Geumsan Construction in the most effective way.”

Seeing is believing.

Since ancient times, the most certain and effective method of all has been said to be ‘showing’.

‘I’ll have to use that greenhorn as a sacrifice.’

Of course, I plan to use all three methods to persuade that oil prince over there.

Lee Mun-bok’s eyes shone with ambition.

“Hey, interpreter.”

“Are you talking about me?”

Tae-soo asked, pointing to himself.

“Then who else is here besides you?”

“Ah, you misunderstood. I’m not an interpreter. Rachman speaks English well, so you can just proceed with the conversation in English.”

Lee Mun-bok smirked at Tae-soo.

“You shouldn’t act without tact if you’re not an interpreter.”

Lee Mun-bok said, pointing to the people around him.

“Do you think you are qualified to be in this position right now? If you’ve finished your business, why don’t you get lost?”

Tae-soo smiled at Lee Mun-bok.

“I think we need to clarify this. Are you saying that Geumsan Construction wants to proceed with the conversation with Rachman separately?”

He meant whether they would withdraw the alliance and proceed with a solo bid.

Chairman Jang Jun-yong of Geumsan hurriedly said.

“No, don’t misunderstand. We are thinking of a joint bid.”

Before Jang Jun-yong could add the last words, Lee Mun-bok said in English.

[Geumsan is planning to participate in the Saudi Jubail Industrial Port construction with a solo bid.]

It was a bombshell statement.

Tae-soo was dumbfounded.

‘No, a sudden betrayal…….’

On the other hand, Rachman clapped his hands with joy.

Isn’t this situation exactly what Rachman had dreamed of?

[Bravo.]

He wanted to give the Jubail Industrial Port construction to Tae-soo alone anyway.

But Geumsan is thinking of a solo bid, so he likes it very much.

[Continue.]

Rachman urges him to continue.

Jang Jun-yong of Geumsan, who turned pale, jumped up and said urgently.

[No. I think there’s some misunderstanding. Geumsan is not a solo bid, but a joint bid…….]

The situation is flowing perfectly to his liking.

Rachman deliberately cut off Jang Jun-yong’s words firmly.

[I didn’t give you the right to speak.]

[Rachman-nim!]

[Don’t raise your voice. If you don’t want to talk to me, you can just go outside.]

Jang Jun-yong glared at Lee Mun-bok with fierce eyes.

“Are you crazy? When did I ever mention a solo bid? I told you repeatedly that it was a joint bid! Withdraw your statement and apologize quickly. Say you were clumsy in English and confused the words!”

Jang Jun-yong is secretly speaking in Korean, but Lee Mun-bok is confidently speaking in English.

[Chairman, please judge well. Why the person over there didn’t give the right to speak to the chairman, but to me. Isn’t it because my proposal was that interesting?]

“That’s not it! Didn’t I tell you to shut up if you don’t know!”

[Chairman, this is an opportunity. It’s a 1 billion dollar opportunity.]

Lee Mun-bok did not hide his ambition.

[1 billion dollars is half of Korea’s national budget. If we win this alone, Geumsan Construction can be reborn as the best construction company in Korea. Of course, I am confident in winning the bidding competition.]

Lee Mun-bok was confident.

The fact that he has won countless government-led construction projects by overcoming numerous bidding competitions proves this.

[Is there any reason to share this good opportunity with that unheard-of brat?]

“Hey! Lee Mun-bok!”

Jang Jun-yong was so angry that he pointed his finger.

Then Rachman raised his hand.

[This is the last warning. If you raise your voice in front of me again, I will deprive Geumsan of all speaking opportunities.]

[Rachman-nim, this is not it! That guy is acting on his own……!]

[Shall I call the security guards? Do you want to be dragged out like this?]

Jang Jun-yong bit his lip and sat down.

Lee Mun-bok smiled meaningfully at Jang Jun-yong.

It was the smile of a traitor.