Read light novels, web novels, Chinese novels, Korean novels, Japanese novels and books online for FREE.
Font Size
18px
Now reading: Chapter 1076 - 85: Momentum from African Entrepreneurship Record, a Historical novel by Evil er er er.

At present, the shipbuilding industry in East Africa has grown considerably, and in terms of the number of ships built annually, it has beco a major global shipbuilding power.

With the implentation of the second Five-Year Plan, by the end of 1908, the total tonnage of East African civilian vessels had exceeded two million tons, approaching three million tons, accounting for about seven percent of the world’s civilian shipbuilding industry.

At that ti, Germany’s total civilian ship tonnage was about three million tons, showing little difference with East Africa. Of course, the United Kingdom was more formidable, with its civilian ship tonnage accounting for more than fifty percent worldwide, approaching twenty million tons, even though during the 1890s, the share was even higher. Even as the shipbuilding industries of various countries developed, the UK’s share decreased but still led other countries by a vast margin.

The United Kingdom firmly held onto its top position in the world shipbuilding industry. Aside from dostic demand, a majority of orders from other countries were almost all given to the UK, including countries like East Africa and Germany, because of cost and technical factors, East Africa and Germany would also order ships from the UK.

Of course, East Africa has a long history of purchasing or leasing ships abroad, especially in earlier tis when sailing ships had not yet fully retired from the historical stage. To et dostic immigration and cargo transportation needs, East Africa even bought ships from small countries like Italy, the Netherlands, and Greece.

As ti went on, East Africa’s shipbuilding industry experienced a leap in developnt, especially after the implentation of the second Five-Year Plan, where most dostic needs could basically be t by dostic shipbuilding companies.

Moreover, during the peak period of construction in the East African shipbuilding industry, it had basically bid farewell to the sailing era; currently, most of the shipbuilding industry in East Africa was at an upper-middle level, and in military shipbuilding, there was essentially no significant technical gap between East Africa and other great powers.

Through two Five-Year Plans, East African port cities have basically been fully developed, especially in the coastal regions of forr Angola and Mozambique, where the East African shipbuilding industry has expanded nearly threefold since 1900.

Erging coastal cities such as Cabinda, Luanda, Benguela, Bela, Crimane, and Maputo have developed rapidly, the number of important East African port cities has increased from over twenty in the 1890s to nearly forty.

The rise of these cities has significantly propelled the developnt of the East African shipbuilding industry, enhancing East Africa’s position as a mariti great power.

This has also created a rather prosperous and spectacular scene along the East and West coasts of Africa, with trade along the African coast flourishing once more following the Suez Canal’s replacent of the Cape of Good Hope.

Before the opening of the Suez Canal, most ships had to detour around the Cape of Good Hope, but after the opening of the Suez Canal, the shipping along Africa’s east and west coasts actually experienced a long period of decline until they rose again with East Africa’s ergence; only in the 1980s did East Coast trade begin to gradually recover its prosperity.

And after the South African War, East Africa beca a veritable two-ocean nation, and with East Africa’s expansion into the Arican, Western European, and West African markets, comrce along the West Coast also beca active once more.

The presence of East Africa has caused the shipping lanes along the East and West coasts of Africa to beco one of the world’s main comrcial routes again. Before the opening of the Suez Canal, although many ships passed by, except for small coastal areas, Africa had basically not been developed, so goods that could be traded from Africa were limited to a few specialties like slaves and ivory.

East Africa’s developnt of Africa directly propelled the prosperity of various commodities trading along the East and West African coasts, which also marked the first ergence of a country in sub-Saharan Africa exporting industrial goods externally.

In summary, the East African shipbuilding industry has a solid foundation for developnt, with East Africa’s own demand greatly promoting the rapid developnt of its shipbuilding industry in recent years.

Ernst said to the governnt officials, "Erging industries are not just industries that did not appear during the First Industrial Revolution. For example, electricity, automobiles, petroleum, and chemicals are new industries. There are also new erging industries distinguished from ordinary traditional industries due to significant technological innovation, such as steel, railroads, and shipbuilding industries."

"For instance, today’s steel industry is vastly different from the past. Although the product is still steel, there has been a monuntal shift in technology. The steel industry used to rely on coal, but now focuses more on iron ore, and it is more efficient in the utilization of coal, with new steel production technologies based on the Thomas Steelmaking thod making today’s steel production distinctly different from that during the First Industrial Revolution, allowing Germany and the United States to surpass the United Kingdom in the steel industry."

"Thus, this type of erging industry is different from what we normally consider erging industries. On the surface, it appears to be the sa as traditional industries, but internally, there have been fundantal changes."

Everyone deeply agreed with Ernst’s words, as East Africa’s industrial acceleration has been evident since the 1890s; they have all been witnesses. Nowadays, erging industries have perated all aspects of East Africans’ lives, such as clothing, food, housing, and transportation.

Unreservedly, East Africa, in a certain sense, has actually surpassed Europe and Arica; East Africans can enjoy technological products that many countries cannot, with ho appliances and automobiles being the most typical examples.

However, East Africa’s industrial capacity still has significant room to grow, and in many fields, there remains a gap with Europe and the United States, causing East Africa’s overall industrial capacity to still be inferior to Germany and the United States.

As for the United Kingdom, with the nearing completion of the second Five-Year Plan, East Africa may very well have overtaken the UK in industrial terms.

After all, as early as five years ago, East Africa’s steel production was nearly on par with the UK’s. Steel production is the most intuitive data for industrial developnt during this Era, so to so extent, steel production can be used to infer a country’s level of industrial developnt; currently, East Africa’s steel production is definitely above that of the UK.

Of course, in terms of per capita figures, East Africa surely still has a large gap compared to the UK. For example, regarding per capita steel production, in 1900, East Africa’s steel production was about three million tons, with a population more than twice that of the UK, while the UK’s steel production at that ti was close to five million tons.

And this five million tons of steel production does not include steel production from UK colonies, so before the first Five-Year Plan, East Africa’s per capita steel availability was significantly different from that of the UK. But over ti, this must have greatly improved, although surpassing the UK remains no easy task in the minds of the East African governnt.

Of course, when comparing national strength, especially with the industries of other countries, per capita figures hold little significance for the East African governnt; industrial volu and the resources available for use are what the East African officials consider more important.

As a nation with a large governnt, with control over vast national resources, the East African governnt assus its industry is second only to that of the United States and Germany. After all, the population size and land area of East Africa also demand that it cannot rank too low. Regarding per capita figures, they are mainly applicable in the realm of public welfare rather than in competition with other countries; as East Africa’s level of industrialization increases, per capita figures will naturally improve as well.

Moreover, the industrialization of East Africa is almost entirely governnt-led, which naturally makes the East African governnt pay more attention to the total industry rather than per capita figures, given that many see the developnt of East African industrialization as driven by the governnt.

In summary, as the second Five-Year Plan nears its end, the changes within East Africa are practically visible, especially in terms of industrial construction.

The ergence of erging industries and the upgrading of traditional industries has brought unexpected results to the East African governnt because the rise of erging industries has caused the second Five-Year Plan to exceed the psychological expectations of the East African governnt, a detail previously ignored by them.

During the first Five-Year Plan, erging industries did receive significant developnt and promotion, but during the second Five-Year Plan, with the further developnt of erging industries, they generated even more evident driving force, allowing East Africa to experience a more rapid rate of developnt than during the first Five-Year Plan.

You are reading African Entrepreneurship Record Chapter 1076 - 85: Momentum on WuxiaFull. Use Previous, Chapter List, or Next to continue.
Share this chapter
Bookmark saves this novel to your account. Reading History keeps recent chapters in this browser.
Continuous reading

You May Also Like

Timeless Assassin cover
Trending now

Timeless Assassin

RajShah7152 ·Action

Leoawakensinaworldhedoesn’trecognize,withnomemoryofwhoheisorwhyhe’sthere.Allheknowsisthatsurvivalisn’tjustanecessity—it’shisonlychancetouncoverthet...

I Have a Golden Crow cover
Trending now

I Have a Golden Crow

Great Yu ·Eastern

DuYuhasnoclueabouthowhehastransmigratedtoaworldofdemontaming.HeisalsoinastateofconfusionwhenhecontractstheGoldenCrowthatwasliterallyasun.“Areyoufro...

The Lucky Farmgirl cover
Trending now

The Lucky Farmgirl

Bamboo Rain ·Romance

TheFourthBrotherhadsquanderedhiswealththroughgambling,leavingtheirmotherinacriticalstate.Tomakemattersworse,thecreditorsevenaskedthemtosellManbaoto...

I'm the Culinary God cover
Trending now

I'm the Culinary God

Greedy kitten ·Fantasy

LinXu,whoisabouttograduatefromuniversity,suddenlygetsboundtotheCookingGodsystemandhasbecometheownerofarestaurant.Totastehishandmadenoodles,customer...

Supreme Vision Master cover
Trending now

Supreme Vision Master

Mo Yan ·Fantasy

Cultivationdestroyed,eyespoisonedblindandrobbedofherstatusinthehousehold? LuoQingtongnarrowshereyesandsneers,“Bringiton!Letmeteachyoualesson!” A24t...

User Comments

0 comments from readers

Post Comment
By posting a comment, you agree to all relevant terms.
There are currently no comments. Join the community and start the discussion.
Please create an account or sign in to post a comment.