Selling oil across Libya

Chapter 87 New Home

Three days ago, Libya completed its first census since the end of the civil war, with a total population of 4,528,527.

Before the start of Operation Odyssey Dawn, Libya's GDP peaked in 2010 at approximately $754 billion.

Following the start of Operation Odyssey Dawn, Libya's GDP plummeted to $482 billion last year due to the war.

With the rapid recovery of oil production and the rise in oil prices, Libya's GDP may grow to around $1000 billion this year.

If it were 1000 billion, Libya's GDP per capita would reach $2.2, making it a developed country.

This only includes domestic figures and does not include income from Libyan overseas capital.

Following the United States' return of frozen Libyan assets to the new Libyan government, European countries also returned frozen Libyan assets to the Libyan government, totaling as much as $650 billion.

Although it is far from the rumored 6000 billion, it is still a pleasant surprise for the new Libyan government.

What upset Qin Rui was that the Libyan government's previous investments were largely arbitrary, and there weren't many high-quality assets.

Christopher has been traveling between Europe and the United States during this period, trying to optimize assets and transform inferior assets into high-quality assets.

While optimizing their asset allocation, the Tripoli-based and Cyrenaica-based companies have increased their investment in East Asia, with a cumulative investment of over US$100 billion since last year.

After Qin Rui explained the situation, Yuri, Musa, and Haishan dispersed.

Some expenses are not absolutely necessary.

Zawiye and Sidr do have chemical plants, but the equipment is somewhat outdated. Even without upgrading the equipment, they can still be used.

Following Tripoli and Misrata, cities such as Sirte and Benghazi have also begun reconstruction. The Libyan government's primary task at this stage is to take this opportunity to conduct overall planning for all cities in Libya.

It must be said that Libya's foundation is still quite good.

During the Colonel's rule, the Libyan government built tens of thousands of affordable housing units in major cities such as Tripoli and Benghazi. Libyans who started families could apply to the government for housing and obtain it at very low, even symbolic, prices.

These houses were partially damaged during the war, but most of them are still usable.

The new government razed the chaotic old city and destroyed houses, replacing them with brand-new residential areas. Homeless Libyans could apply to the local government and obtain housing at a symbolic price.

In addition to residential areas, the Libyan government has invested heavily in improving supporting facilities such as schools, hospitals, and parks.

Pang Donglai has finally expanded beyond Tripoli, flourishing in other cities.

The first neighborhood in Tripoli to be opened to the public was named "Mubarak," which means "happy," "auspicious," and "joyful."

Zhang Yuan and Liu Yun became the first residents of Jixiang Community.

Zhang Yuan and Liu Yun were very lucky. They not only received a $30,000 reward from the Libyan National Oil Corporation, but also applied for a 160-square-meter four-bedroom, two-living-room apartment.

After paying 16 dinars, equivalent to $3.2, Zhang Yuan and Liu Yun received their property ownership certificate.

In Libya, houses do not have shared areas; the 160 square meters refers to the indoor area.

Having grown accustomed to the severely reduced shared area of ​​the apartments, every room seemed enormous to Zhang Yuan and Chen Xi.

The living room was so spacious that you could ride a bicycle there, and your voice would echo. The four-meter high ceiling made Zhang Yuan worry about the electricity bill.

But when she thought about how her and Chen Xi's combined monthly income was 3 dinars, and that they would receive a bonus of no less than 18 dinars at the end of the year, her worries immediately vanished.

As one of the first groups to move in, Zhang Yuan chose a sea-view room facing the sea, with the coastal avenue right downstairs, offering an unparalleled view.

"This will be our home from now on!"

Zhang Yuan stood on the balcony, facing the sea, filled with emotion.

"How are we going to decorate such a big house?"

Chen Xi looked at the unfinished apartment with some worry.

"Liu Yun and I have already checked. There are renovation companies from China in the residential area. The all-inclusive package is only 1,000 yuan per square meter. Tripoli Bank has commercial loans with an interest rate of only 5%, and you can even pay it off early. We can pay it off with our year-end bonuses."

Zhang Yuan had already made plans.

"When I arrived, my dad transferred 20 yuan into my account;"

Didn't your parents give you anything?

Chen Xi was not very satisfied with her parents-in-law.

"Take it, I'm planning to buy you a car."

The furniture and appliances must be the best; I don't want you and the children to suffer.

Zhang Yuan transforms into a doting husband.

"We already have a car, why would we buy another one?"

Chen Xi got into the swing of things and became frugal and diligent in managing the household.

Zhang Yuan and Chen Xi's baby is just one month old. Chen Xi will be staying home to take care of the baby and will not be able to work during this period.

Zhang Yuan meets the talent introduction criteria and can choose a car worth around 20 dinars.

Zhang Yuan, however, lost his mind and chose a military Hummer.

Gasoline costs one dollar per liter, so discussing fuel consumption is meaningless.

After acquiring the Hummer, Zhang Yuan modified it, changing the paint to black, replacing the seats with genuine leather, and spending a month's salary to upgrade the Hummer's audio system.

Owning a Hummer was Zhang Yuan's childhood dream.

After getting the Hummer, Zhang Yuan would wipe the car clean every day, which led Liu Yun to tease him that he would eventually wipe off the paint.

Although Liu Yun's car was also a Hummer, he only spent money to upgrade the audio system and did not make any other modifications.

What we want is the original flavor.

Zhang Yuankai is alright with the Hummer.

Chen Xi is not suitable.

Zhang Yuan wanted to buy Chen Xi a Mini.

"No, I'm not buying it. I'll keep the money; I want to buy the H6."

Chen Xi also has his own dream car.

The H6 is a new model launched by Hummer targeting female customers. It has been announced on the Hummer website and is expected to be launched next year.

Before her child starts kindergarten, Chen Xi has to stay home to take care of the child, so having a car is useless.

The Jixiang residential area has very complete supporting facilities. The central business district not only has a kindergarten, but also a primary school, supermarket, bank, library, as well as gym, restaurant, laundry, barbershop, flower shop, and even pet service shops and other service stations.

Chen Xi felt that she could live without leaving her neighborhood for a year, as she could obtain almost all of her daily needs in the central business district.

jingle……

The doorbell rang.

Zhang Yuan opened the door, and Liu Yun, who lived next door to Zhang Yuan and Chen Xi, and Zhao Man, who was heavily pregnant, came over to invite Zhang Yuan and Chen Xi out for dinner.

The central business district offers a wide variety of restaurants, including Western, Chinese, and Libyan specialties.

Zhang Yuan was initially worried that the Libyan-style restaurants would only offer specialty dishes.

I only found out from the sign outside that the specialty restaurant simply doesn't serve alcohol; if you want to drink, you have to buy it at the convenience store next door, and they don't care at all.

When Liu Yun went to buy wine, he also wanted to buy vacuum-packed braised pig's trotters, saying it was to help Zhao Man produce milk.

"Stop it now. People respect you, so you should respect them too."

Zhang Yuan reminded Liu Yun that they were neighbors and should know when to stop.